Tax & Technical
Financial planning fail sees Brits pay £280m in extra IHT
Estates could have avoided the tax bill if they had put life insurance policies into a trust
Malta not going after Pilatus clients for now
They are not seen as priority targets by the police
Tax advisers under HMRC investigation for aiding evasion
It is ‘determined to clamp down hard on anyone who aids in tax crimes, not just the perpetrator themselves’
BNO passports issued to nearly 500,000 Hong Kongers in 2 years
As 75% of HK advisers receive more queries from clients about offshore investing and relocating
FCA eyes faster removal of unused permissions
But watchdog cautioned against being ‘too heavy handed’