United Kingdom

United Kingdom | 20 Mar 13

George Osborne today unveiled what he said was “one of the largest ever packages of tax avoidance and evasion measures presented at a Budget” by a UK chancellor, but did not spell out the details.

United Kingdom | 14 Mar 13

The Financial Conduct Authority will come into being in the UK in April this year, and with its eye firmly focused on consumer protection, advisers will need to work to its high standards or risk facing disciplinary action.

United Kingdom | 13 Mar 13

A House of Lords sub-committee on the Draft Finance Bill has found its plans for a General Anti-Abuse Rule are “a reasonable starting point” but “narrowly focused”, and urges that its limitations be publicised.

United Kingdom | 11 Mar 13

The UK has been accused of having an “increasingly hostile tax code” towards high net worth individuals by law firm Pinsent Masons, which said the number of UK registered non-domiciles had fallen by a further 2,000 over the past year.

United Kingdom | 7 Mar 13

Stephen Danner, one of the co-founders of Cru Investment Management has escaped being fined by the FSA due to his “financial position” even as advisers face paying millions in redress for mis-selling the Arch cru funds.