Story by: Rob Langston, Investment Adviser
The AIC has called on the government to support offshore financial centres where investment trusts with UK-listed shares are based.
A class action case against HMRC is being sought to challenge taxation laws that currently see a portion of Sipp customers lose as much as 82 per cent of the value of the fund.
Octopus has launched Enhanced Discounted Gift Solution, which it claimed is the first inheritance tax product to give partial IHT relief.
The National Association Pension Funds (NAPF) has called on the government to re-think the changes to pensions taxation announced in the Budget due to the negative impact they will have on peoples' pension saving.
The Association of Investment Companies (AIC) has called on the government to support offshore financial centres where investment trusts with UK-listed shares are based.
Territory has seen a rapid expansion of financial services industry over past 20 years
An office for tax simplification will be created if the Conservative Party becomes the next government, according to George Osborne MP, shadow chancellor.
More than 100,000 people could pay a higher tax bill if they do not sort out their income-producing trust, Standard Life has warned.
The Way Group is looking to build up its business in Northern Ireland to tap into the region's economic growth over the last 10 years.
Cofunds has teamed up with tax planning experts Technical Connection to offer workshops to help advisers understand how the Budget will affect them.
The consequences for trustees of discretionary trusts distributing income to beneficiaries just got worse with this year’s Budget, says Marcia Banner
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Advisers who believed that Budget changes would not take effect until April 2011 are now finding that 40% tax relief for pensions contributions was removed immediately in some cases.
This year’s Budget had far reaching implications for the personal finance industry. Marcia Banner of Clerical Medical looks at the implications for the advice market
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