Sipp provider Curtis Banks plans to float on the AIM stock exchange in a move expected to value the business at £85m. The firm, which started trading in 2009 and currently administers more than 26,000 Sipps, expects to raise £7.5m through the issue of new equity. Trading in the shares is due to commence on […]
Insurers are calling on the Government to reverse its decision to ban them from bidding to buy back their own annuities. They say people selling their annuities will lose out unless the Government U-turns on its plan. In th Budget Chancellor George Osborne launched a consultation on creating a secondary annuity market to allow pensioners […]
At the end of my series on deeds of variation I would like to consider some of the relevant case law. The first is Lau v HMRC 2009. The case of Mrs Maynard Lau (the Executrix of Werner Lau Deceased) v HMRC  Spc 0740 (18 March 2009) before the Special Commissioners illustrates the principle […]
The Conservatives will introduce a five-year “tax lock” on income tax, VAT and national insurance if they win the general election. Prime minister David Cameron is to pledge legislation within 100 days of assuming office to ensure the taxes do not rise in the next Parliament, the BBC reports. Cameron will say: “This is the clearest choice […]
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