Tax & Technical
PI premiums push UK advisory firms to turn away clients
As one business saw a nearly 400% increase in just one year
HMRC targets firms that facilitate tax evasion
It has nine businesses in its sights, as it deploys new powers for the first time
UK pension tax relief reform cannot just be ‘political play’
Industry worried that 20% cut would do ‘more harm than good’
Top UK earners fail to claim over £750m tax relief every year
‘Whole pension tax relief system a bloated expensive mess, riddled with problems and inconsistencies’
UBS investigated in Italy over €6m fraud
It acted as an intermediary for a Milan-based wealth firm that conned 117 clients