UK Adviser
Tax & Regulation | 3 Dec 14
Government announces IHT U-turn
The UK government has today announced a “U-turn” on plans to introduce a single settlement nil rate band on trusts.
Govt continues tax crackdown
George Osborne has used this year’s Autumn Statement to announce a further hardening of the UK Government’s stance against offshore tax evasion, with a particular focus on tax avoidance promoters, and, for the first time, inheritance tax (IHT).
Autumn Statement must identify root
Geoff Cook, chief executive at Jersey Finance, says chancellor George Osborne must continue to focus on tax evasion in this year’s Autumn Statement.
FSCS recovers £100m from Keydata collapse
The Financial Services Compensation Scheme (FSCS) has recovered £100m so far in compensation for the failing of life settlement firm.
Aviva and Friends Life agree terms of aquisition
Aviva and Friends Life have agreed the terms of an acquisition which is expected to save the two companies £225m by the end of 2017.