Tax & Regulation
Best Practice | 20 Jun 23
1,300 firms sent survey by FCA on retirement income advice
Regulator hopes that findings provide an indication of how companies are implementing the Consumer Duty
FCA to restrict movement of Odey AM assets
Following several funds suspending trading
Brits not completely opposed to inheritance tax
As 75% say some inheritances should be taxed
FCA cracks down on ‘wild west’ of crypto advertising
But concerns remain over the regulator classifying the asset as a Restricted Mass Market Investment
HMRC orders two firms to stop selling tax avoidance schemes
Companies face £100,000 fine if they fail to comply with the UK taxman