News
Green EU politicians name 140 firms in hitlist of ‘tax dodgers’
Cross border financial services provider STM was among a list of 140 firms accused of helping wealthy individuals avoid paying tax on a large scale, according to a new report by the Tax Justice Campaign, run by Green Party politicians in the European Parliament.
Tax & Regulation | news 25 Jan 17
UK tax ‘error’ penalties up almost 40% in HMRC clampdown
HM Revenue & Customs penalties against taxpayers who have deliberately understated their income are up nearly 40%, according to new figures obtained by international tax advisory firm RSM.
Retirement | news 25 Jan 17
UK pension freedoms trigger £9.2bn in outflows
The UK’s radical pension freedom reforms have led to over £9.2bn (€10.7bn, $11.5bn) getting encashed from pension plans since April 2015, HM Revenue & Customs revealed on Wednesday.
Hansard to add UAE products under Union Insurance deal
Hansard International plans to launch two new products in Dubai as part of its recently announced alliance with the UAE-based general insurer, Union Insurance.
Rise of platforms in int’l markets inevitable, says Novia CEO
Efforts in the UAE to postpone regulatory change are just putting off the inevitable and opening the door further for platforms to disrupt international markets, according to Novia Global chief executive, Bill Vasilieff.