Tax & Technical
Cyprus targets expats with tax changes
Scheme also incentivises Cypriot nationals to repatriate
The issue with providing ‘reverse solicitation’ to EU clients
Regulators across the bloc have started to scrutinise the practice by UK advisers
2.5 million UK adults to be dragged into higher rate tax band
But ‘now have a much bigger incentive to put more money into their pensions’
EU regulators scrutinise Priips ‘poor practices’
And set out expectations on how information needs to be presented to retail investors
Pension savers recoup more than £22m in tax
As ‘clunky’ and ‘complex’ system blamed for overpayments