Tax & Regulation
Drop in non-doms hits UK coffers
Taxman sees £2.5bn less in revenue coming in from people residing outside the country
Collapsed wealth firm charged investors 20% fees
And pushed advisers to promote its portfolios to DB pension transfer and Sipp clients
Hong Kong regulator bans former UBS director for life
He was previously convicted of accepting illegal commission payments
What could IHT reform look like for high net worths?
Changes to inheritance tax have been speculated about, especially if the Labour Party gets into power
Cooperate but don’t capitulate in HMRC domicile disputes
UK taxman being more aggressive in challenging non-dom status