Tax & Technical
UK taxman collects £13bn in cash from investigations
But industry questions how much of it is ‘real yield’
Dutch platform provider files £5m lawsuit against Invesco
Litigation over ‘breach of contract’ takes investment manager to court
Isle of Man investment platform receives banking licence
It will offer services to HNWs and corporate clients with at least £500,000 in assets
UK taxman cannot disclose pension recycling data
Breaches are treated on a case-by-case basis but lack of information risks leaving people in the dark
Drop in non-doms hits UK coffers
Taxman sees £2.5bn less in revenue coming in from people residing outside the country