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Non-dom loophole shut on offshore bond gains

The Government has moved to close a loophole which allowed people with offshore bonds who live outside the UK to avoid paying tax on investment gains. Budget documents published last week contain details of a clampdown on gains arising in offshore bonds for non-domiciled individuals being used to offset gains when they become a chargeable […]

Standard’s Nimmo doubles emerging market exposure

Standard Life head of smaller companies Harry Nimmo has doubled his global smaller companies fund’s exposure to global emerging markets. The fund launched in January with a 6 per cent exposure to global emerging markets. Nimmo has increased this to 12 per cent compared with the 8 per cent benchmark in the MSCI all country […]

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There are good opportunities for traditional generalist VCTs as banks shun loans to small firms

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