HMRC
Tax & Regulation | 26 Apr 16
Life offices say offshore bonds to benefit from HMRC reforms
Plans to overhaul the current 5% tax free allowance on life insurance policies are “very good news” for offshore bonds, said Neil Jones, technical manager at Canada Life.
Retirement | 26 Apr 16
Elian unveils a Jersey Qrops for non-islanders
Global trust and corporate services group Elian has become the second company to launch a Jersey Qrops plan for non-island residents.
Offshore Bonds | 25 Apr 16
HMRC to overhaul 5% tax free allowance on life bonds
The UK tax office plans to overhaul rules governing the part surrender and part assignment of life insurance policies to redress the unfair tax bills which some individuals face if they withdraw money from an investment bond in the wrong way.
Tax & Regulation | 22 Apr 16
HMRC claims billion pound week with win against Jersey firm
The UK tax office has won a judgement against a limited partnership registered in Jersey, the Clavis Liberty Fund 1 LP scheme, which it claimed had tried to create artificial tax losses.
Prudential a step closer to £100m HMRC tax refund
UK insurer Prudential has moved closer to securing a tax refund worth more than £100m ($143.4m, €126.5m) from HM Revenue and Customs (HMRC) in a long-running dispute over claims the tax office broke EU rules.