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Stamp duty to be axed on offshore ETFs

The 50 per cent tax on bonuses over £25,000 will make London a significantly less attractive for foreign owned banks, according to the British Bankers’ Association.

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Get best deal for repos

Marketing a repossessed property comes with significant responsibilities. Following the news that the Financial Ombudsman Service has received complaints about disputed property valuations on the sale of repossessed homes, it appears I am not alone in this sentiment. Despite Robert Sinclair declaring “the problem is property is only worth what people will pay for it […]

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‘No CGT change is just delaying the inevitable’

Skandia head of tax and financial planning Colin Jelley says the Government’s decision not to raise capital gains tax is just “delaying the inevitable”. CGT currently stands at 18 per cent and was paid by 269,000 people in 2007/2008. Industry experts expected the Chancellor to align CGT more closely with income tax which is 50 […]

Life cover for life

When someone mentions whole of life plans, most people will think of a niche product that serves as an inheritance tax planning tool for high-net-worth clients. And it’s really not surprising they’ve been pigeonholed in that waybecause before the arrival of RDR in 2013, that’s more or less exactly what they were. For advisers thinking […]

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