Tax & Regulation
FSCS predicts 24% drop in levy for 2023/24
With no additional increases expected for the current financial year
Could the UK shutter its non-dom regime?
Chancellor has asked the Treasury to review the impact of scrapping the tax status
Best Practice | 23 Nov 22
PFS creates Consumer Duty guide for advisers
To help IFAs understand the FCA’s expectations for the incoming regulation
‘Double tax trap’ risk from IHT and CGT changes
‘People could fall foul of the fiddly rules and not know they have an extra tax bill to pay’
Just 8% of insurers comply with incoming Consumer Duty
But regulation could be ‘golden ticket’ to start doing things differently