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Budget

Serious Fraud Office plans budget cut of 35% despite rise in inquiries

Tax & Regulation | 21 Jul 15

Serious Fraud Office plans budget cut of 35% despite rise in inquiries

The Serious Fraud Office is to cut its budget by 35% over the next financial year, despite a rise in the number of new investigations opened during 2014-15.

ISA-like pensions on the cards in ‘radical’ Green Paper

Tax & Regulation | 8 Jul 15

ISA-like pensions on the cards in ‘radical’ Green Paper

Pensions could be taxed like ISAs as part of a fundamental reform of tax relief, chancellor George Osborne said in today’s UK Budget.

UK Gov’t bans permanent non-dom status

Tax & Regulation | 8 Jul 15

UK Gov’t bans permanent non-dom status

The UK Government will abolish permanent non-dom status in a bid to raise £1.5bn in extra tax, chancellor George Osborne announced in today’s Summer Budget.

Serial tax avoiders to be ‘named and shamed’, Osborne reveals

Tax & Regulation | 8 Jul 15

Serial tax avoiders to be ‘named and shamed’, Osborne reveals

The UK’s chancellor of the exchequer has said serial users of tax avoidance schemes will be ‘named and shamed’ as he promised to introduce further measures to tackle evasion, avoidance and aggressive tax planning in his Summer Budget.

Experts point non-doms to offshore bonds ahead of Budget

Tax & Regulation | 7 Jul 15

Experts point non-doms to offshore bonds ahead of Budget

As chancellor allegedly George Osborne prepares to crack down on non-doms in Wednesday’s budget, experts have recommended offshore bonds as an alternative to those facing an increasing amount to protect their foreign earnings from UK tax.

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International Adviser covers the global intermediary market that uses cross-border insurance, investments, banking and pension products on behalf of their high-net-worth clients. No news, articles or content may be reproduced in part or in full without express permission of International Adviser.