June 27, 2013
Despite him seemingly to have adopted over the last three years a ‘gradualist approach’ to spending cuts – that’s to say bringing down the inevitable budget axe in stages rather than with one big hit – it is clear from George Osborne’s Spending Review that further tax hikes will be on their way. Despite him seemingly to have adopted over the last three years a ‘gradualist approach’ to spending cuts – that’s to say bringing down the inevitable budget axe in stages
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June 26, 2013
82 per cent of people who do not work with a financial adviser only plan their finances for the short term – and this trend cuts across income brackets, ages and nationalities, a global survey carried out by our company has recently revealed.
When some of our teams asked potential clients - who did not at the time have an adviser - “Do you typically plan your finances one year ahead, one to three years ahead, or three years or more ahead?” more than eight
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June 21, 2013
QROPS, Defeat for HMRC
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HMRC was forced to concede a humiliating defeat today as it made an application to withdraw its case against a group of investors in the QROPS who had challenged HMRC’s earlier decision to de list the scheme and seek charges of up to 55% on their pensions.
This is clearly a victory for common sense. How can HMRC list a scheme as authorised, the public invest, then HMRC de-list and attempt to tax. HMRC was forced to concede a humiliating defeat today as it made an application to withdraw its case against a group of investors in the QROPS who had challenged
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June 17, 2013
According to HMRC British businesses will have to fork out up to £2 billion in compliance costs to meet the requirements of US FATCA tax avoidance law over the next five years.
I suspect that even this massive figure is under estimated. According to HMRC British businesses will have to fork out up to £2 billion in compliance costs to meet the requirements of US FATCA tax avoidance law over the next five years.
I suspect that even this massive figure is under estimated.
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June 13, 2013
Barcelona footballer Lionel Messi is being investigated by the Spanish authorities for tax evasion.
Messi, arguably one of the best footballers in the history of the sport, is accused, along with his father Jorge Horacio, of defrauding Spain of more than €4m (£3.4m).
Barcelona footballer Lionel Messi is being investigated by the Spanish authorities for tax evasion.
Messi, arguably one of the best footballers in the history of the sport, is accused, along with his father
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June 12, 2013
As I write this blog I hear that the World's Greatest Elder Statesman Nelson Mandela is responding to treatment. We wish him well. As I write this blog I hear that the World's Greatest Elder Statesman Nelson Mandela is responding to treatment. We wish him well.
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June 11, 2013
BA pension holders were let down again today as trustees of the pension scheme allowed BA to restore dividends to its shareholders despite the BA pension deficit increasing. BA pension holders were let down again today as trustees of the pension scheme allowed BA to restore dividends to its shareholders despite the BA pension deficit increasing.
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June 11, 2013
As I often say, people need financial planning more than ever in today's world. Pensions are an easy target for Government to reduce expenditure, even though it just stores up a massive problem for the future. As I often say, people need financial planning more than ever in today's world. Pensions are an easy target for Government to reduce expenditure, even though it just stores up a massive problem for the future.
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June 5, 2013
Dinner With Buffett
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When I was 19 years of age a very successful man told me, you will be the same person in 5 years except for the people you meet and the books you read. When I was 19 years of age a very successful man told me, you will be the same person in 5 years except for the people you meet and the books you read.
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June 1, 2013
In light of growing international opposition, the EU, it was announced yesterday, is to revise – although ‘rein in’ would be a more appropriate way of putting it – its plans for the highly controversial, and potentially hugelydamaging, Financial Transactions Tax (FTT). In light of growing international opposition, the EU, it was announced yesterday, is to revise – although ‘rein in’ would be a more appropriate way of putting it – its plans for the highly
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