Tax & Technical
Hope for HNWIs caught up in double tax disputes
EU changes ‘will be warmly welcomed by high net worth individuals’
HMRC refunds record £47m in overpaid pension tax
It processed over 17,000 reclaims in just three months
UK taxman collects £13bn in cash from investigations
But industry questions how much of it is ‘real yield’
Dutch platform provider files £5m lawsuit against Invesco
Litigation over ‘breach of contract’ takes investment manager to court
Isle of Man investment platform receives banking licence
It will offer services to HNWs and corporate clients with at least £500,000 in assets