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Guernsey finance industry resists HMRC Qrops reforms
Guernsey Finance has backed the island’s plans to resist HMRC rules.
Changes planned for Guernsey Qrops
Guernsey is preparing to overhaul its pension rules from April this year.
UK to rework Swiss tax deal as it falls foul of EU
The UK Government will have to rework a tax deal struck with Switzerland because it falls foul of EU law.
True Potential adds RoyLon 360 bond to platform
True Potential has added Royal London 360’s offshore bond to its Wealth Platform.
HMRC unit to track down tax dodgers
HM Revenue & Customs has set up a specialist unit targeting people using offshore accounts to dodge UK taxes.
FSA fines DFM £15k for client money breaches
McInroy & Wood failed to obtain trust letters for offshore client accounts with an average balance of £666,000.
New rules will 'cut throat' of New Zealand Qrops
New Zealand Qrops provider Super Trustee Fund has written to the New Zealand government calling for it to scrap proposals which it claims could end the country’s Qrops market.
Analysis
Family business
Richard Leeson, sales and marketing director at Axa Wealth International, looks at the prospects for advisers in the high-end market with family offices
No hiding place
HMRC has returned to the issue of off-shore tax evasion, four years after it first took action on the issue. Last month’s deal between the UK and Switzerland, which will subject UK taxpayers with Swiss bank accounts to hefty fines if they do not make full disclosure, may mark the start of a renewed crackdown.
