A leading offshore finance firm has hit out at what it sees as unnecessary criticism of countries or dependencies offering ‘tax neutral’ services.
Alistair Darling has been “forced to eat his words” regarding tax rules for non-domiciled individuals, according to Grant Thornton.
Chancellor Alistair Darling’s proposals for a 50% higher rate of tax could have an adverse effect on trusts, according to law firm Pemberton Greenish.
Barnett: can be difficult to achieve simplicity when implementing tax rules
Despite figures indicating that 35% more people will pay capital gains tax (CGT) this year, industry figures claim that the tax reform’s benefits still outweigh the negatives.
Relationships with discretionary fund managers (DFMs) will become more important with IFAs as we move towards RDR.