News
Best Practice | news 2 Feb 18
Novia rolls out Mifid II compliance reporting tool
To meet Mifid II’s so-called “10% depreciation rule”, Novia Financial is rolling out a solution for DFMs and advisers using its platform.
Best Practice | news 1 Feb 18
Comedian tax avoider wants loopholes axed
English comedian Jimmy Carr, who was at the centre of a tax avoidance scheme that nearly ended his career, wants to scrap tax loopholes and send them to Room 101, the torture chamber from the dystopian novel Nineteen Eighty-Four.
‘Accidental Americans’ putting Asia’s wealth transfer at risk
Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.
Tax & Regulation | news 1 Feb 18
UK quashes fears of public trust register
The UK Government has confirmed it is opposed to public access to its register of beneficial owners of trusts.
Best Practice | news 1 Feb 18
‘Out of control’ HMRC over-taxes by half a billion
HM Revenue & Customs has handed back just under half a billion pounds to individual taxpayers since April 2015, which Royal London says shows the organisation is “out of control” when it comes to over-taxing people and then expecting them to claim it back.