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HMRC

HM Revenue & Customs ATED profits set to leap by 50%

Tax & Regulation | 2 Jul 15

HM Revenue & Customs ATED profits set to leap by 50%

HMRC’s receipts from the annual tax on enveloped dwellings (ATED) are set to rise by nearly 50% over the 2015/16 tax year.

HMRC scraps thousands of QROPS from overseas pensions list

Retirement | 1 Jul 15

HMRC scraps thousands of QROPS from overseas pensions list

HM Revenue & Customs has dropped thousands of QROPS from its recognised overseas pension schemes (ROPS) list, with Australian schemes faring the worst.

QROPS interest grows following UK pension ‘frustrations’

Retirement | 23 Jun 15

QROPS interest grows following UK pension ‘frustrations’

Advisers have reported a growing interest in QROPS as expats grow increasingly “disappointed and frustrated” with the inability of UK providers to accommodate April’s pension freedoms.

HMRC tax evasion property raids rise by a fifth

United Kingdom | 23 Jun 15

HMRC tax evasion property raids rise by a fifth

The number of raids on premises carried out by HM Revenue & Customs during investigations into tax evasion has increased by nearly 20% from 500 in 2013/14 to 593 last year.

HMRC confirms rules around QROPS list suspension

Retirement | 22 Jun 15

HMRC confirms rules around QROPS list suspension

HM Revenue & Customs has confirmed that transfers made after 6 April 2015 into QROPS that are no longer featured on its overseas pensions list when it returns from suspension will not be tax-free.

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Published by Money Map Media – part of G&M Media Ltd Copyright (c) 2024.

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.