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News

HMRC to introduce strict liability offence

Tax & Regulation | news 19 Mar 15

HMRC to introduce strict liability offence

HM Revenue & Customs plans to introduce a new strict liability criminal offence on both offshore tax evaders and those who help them following the UK Governments clampdown on tax dodging in yesterdays Budget.

FSCS lays down £20m levy

United Kingdom | news 19 Mar 15

FSCS lays down £20m levy

A surge in complaints about bad SIPP advice has led the Financial Services Compensation Scheme to lay down a £20m interim levy on life and pensions intermediaries.

Budget 2015 Winners losers and kneejerk reactions

Industry | news 18 Mar 15

Budget 2015 Winners losers and kneejerk reactions

The dust is still swirling around the House of Commons and copies of white papers are being furiously read, but the initial reactions are in on this year’s national budget. And, the consensus, if one believes twitter and the stock market seems to be mixed.

Tax free lifetime allowance cut to £1m

Retirement | news 18 Mar 15

Tax free lifetime allowance cut to £1m

The UK government is planning to cut the lifetime limit for tax-free pension saving to £1m from £1.25m, along with a series of measures designed to trigger a savings revolution.

Liechtenstein Disclosure Facility to end early

Europe | news 18 Mar 15

Liechtenstein Disclosure Facility to end early

The UK Government has announced in todays Budget that it will close the Liechtenstein Disclosure Facility (LDF) half a year earlier than expected in order to make room for a tougher disclosure facility.

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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.