Tax experts predict tax avoidance big target for Budget, again
Leading tax specialists are predicting that in next week's UK Budget speech we will see more powers handed to HM Revenue & Customs to prevent and discourage people against aggressive tax avoidance.
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By Simon Danaher
Source:
www.international-adviser.com
UK pension shortfall is worst in world, Malaysia is best
The UK is one of the least prepared countries in the world for retirement while Malaysia is one of the best, according to HSBC's latest global report.
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By Mark Battersby
Source:
www.international-adviser.com
HSBC bans customers from sanctioned countries
HSBC Bank has informed some customers from countries subject to significant sanctions from the European Union or United States that they will no longer be allowed to use the bank and must transfer out their accounts.
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By Simon Danaher
Source:
www.international-adviser.com
UK authorities to crack down on pension 'liberation' schemes
The UK's Pensions Regulator and various other government agencies are to launch a campaign this week aimed at cracking down on companies that entice Britons to access their pension pots before the age of 55.
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By Helen Burggraf
Source:
www.international-adviser.com
Portable pensions best for expats, says adviser
Portable pensions remain the best bet for expats, according to Chris Ferguson, managing director of Guardian Life Management (Dubai).
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By Phil Halliday
Source:
www.international-adviser.com
Top five mistakes when buying overseas properties
I often say that people seem inclined to leave the rational part of their brains at home when they are overseas, and start to consider buying a property.
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By Simon Conn
Source:
www.international-adviser.com
Canada to lure foreign entrepreneurs with permanent residency promise
Canada's immigration minister has unveiled plans for a scheme to attract foreign entrepreneurs that he says will make Canada "the destination of choice for the world's best and brightest to launch their companies".
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By Helen Burggraf
Source:
www.international-adviser.com
Five most expensive office locations in the world
Hong Kong has lost its position as the world's most expensive location to rent office space in favour of London's West End, according to DTZ's latest annual Global Occupancy Cost survey.
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By Mark Battersby
Source:
www.international-adviser.com
Expat pensioners may see fuel allowance switched off
Well off pensioners and those living in warm climates abroad will no longer be protected against austerity measures in the UK after the next election, as senior Conservatives prepare to end their pledge to protect universal benefits, according to an article in today's Financial Times.
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By Simon Danaher
Source:
www.international-adviser.com
Eight countries in which untraceable shell companies are hardest to set up: report
Widespread media focus on offshore financial centres, particularly Jersey, in recent weeks has focused attention on their possible use by criminals to hide and launder money.
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By Helen Burggraf
Source:
www.international-adviser.com
HSBC: Obama victory to boost financial stability in MENA region
Today's election victory for US Presidential incumbent Barack Obama is likely to mean greater financial stability for the MENA region in the short and long term, according to HSBC Global Asset Management's chief business strategist Peter Marber.
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By Simon Danaher
Source:
www.international-adviser.com
Int'l mortgage brokers surprised by Lloyds' expat mortgage suspension
Lloyds has surprised advisers and international mortgage brokers with the news that as of tonight at 8pm, it is suspending the offering of new mortgages to expats seeking to buy properties in the UK.
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By Helen Burggraf
Source:
www.international-adviser.com
Celebrities saved millions using tax breaks from shipwreck salvage
Celebrities and some of Britain's most senior businessmen invested more than £110m into marine treasure hunts, which allowed them to avoid tax on millions of pounds, according to The Times newspaper.
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By Mark Battersby
Source:
www.international-adviser.com
Ten reasons to use a trust
There is often a popular misconception that financial advisers only sell products and little mention is made of the financial planning aspects of their services.
Of the large number of advice-based solutions in the financial adviser's toolbox, there is one that is often underutilised and it is the trust.
By Chris Lean
Source:
www.international-adviser.com
A new beginning for offshore
As the world moves closer to the implementation of RDR, cynics have been vocal about the end of offshore investing. But there are many misconceptions about relevance and a compelling case can still... View article.
By Andrew Marks
Source: www.international-adviser.com
When the shoreline gets blurred
A Canadian court recently ruled that a trust can be viewed similarly to a company, with its activities judged on where they take place. Prudential's Gerry Brown says in light of this it is important to ensure offshore activities remain offshore.... View article.
By Gerry Brown
Source: www.international-adviser.com
HMRC claims £200m tax avoidance victories
HM Revenue & Customs has claimed a £200m tax avoidance victory today, after revealing details of three significant court cases it won last month.... View article.
By Simon Danaher
Source: www.international-adviser.com
Tax scams
Tax Scams Don't fall victim to tax scams. Remember — if it sounds too good to be true, it probably is...
Article: IRS
Source: www.IRS.gov
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Serious tax evasion cases take a surprising dip
The number of serious tax evasion cases identified by HM Revenue & Customs has fallen by almost a quarter in the past year, according to Pinsent Masons, the international law firm. View article.
By Mark Battersby
Source: www.international-adviser.com
French mortgages get cheaper
Britons looking to buy a French holiday home can secure cheaper mortgages today than they could last year, as lenders to non-residents have been cutting their interest rates. View article.
By Tanya Powley
Source: www.ft.com
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