Tax & Technical | 29 Nov 17
London rich ask to pay more tax
One of the UK capital’s super-wealthy hotspots is canvassing residents to see if they would be willing to pay double tax after one group came forward asking to pay more.
Phoenix offers some annuity holders one-off payment
Phoenix Life customers with small annuities in payment will be able to exchange the regular income they receive for a one-off taxable lump sum.
Four asset management firms under FCA investigation
The Financial Conduct Authority has accused four asset management firms of breaching competition laws after allegedly sharing details of their bids in two initial public offerings (IPOs).
Tax haven blacklist ‘not credible’ if four EU countries excluded
To stop its blacklist being whitewashed, the European Union should include Ireland, Luxembourg, Malta and the Netherlands on its list of tax havens when it is published on 5 December, Oxfam has warned.
Judge not swayed by HMRC tax blunder
A taxpayer who relied on incorrect information published in an HM Revenue & Customs manual to claim tax relief has had his request for a judicial review dismissed, despite the judge agreeing the information provided was wrong.