Tax & Technical
Malaysia joins fintech race
A fintech accelerator programme, Super Charger, has teamed up with Standard Chartered Bank and Allianz to help foster and develop Malaysia’s fintech market.
Tax & Regulation | 7 Aug 17
Paying staff in gold ‘abnormal and contrived’ – UK tax panel
Employee incentive arrangements where workers are paid using gold bullion are “abnormal” and not a “reasonable course of action”, according to an independent panel set up to advise the UK government on disputes over potentially abusive tax arrangements.
Abu Dhabi inks two partnerships with Malaysian regulators
The financial regulator of the Abu Dhabi Global Market (ADGM) has signed partnership agreements with its two financial services counterparts based in Malaysia’s financial hub, Labuan.
Tax & Regulation | 14 Jul 17
HMRC tax clampdown brings £29bn boost to UK government coffers
HM Revenue & Customs’ action on tax avoidance, evasion and organised crime has brought in record additional revenues of £29bn ($37.6bn, €32.9bn) in the past fiscal year, as revealed in its latest annual report.
Tax & Technical | 12 Jul 17
UK eyes ‘intervention’ to allow pension access without drawdown
The Financial Conduct Authority (FCA) has said it is looking to work with the UK government to allow savers to access their pension pots without taking drawdown amid fears consumers need greater protection in the non-advised drawdown market.