News
Alternatives | news 22 Feb 18
UK opens cryptocurrency inquiry
Bitcoin, ether and other digital currencies are to come under scrutiny in the UK after the Treasury Committee announced on Thursday it has launched an inquiry into digital currencies and the technology behind them.
South Africa budget increases wealth tax
South Africa’s finance minister has announced an increase in estate duty from 20% to 25% for those with properties worth ZAR30m (£1.8m, $2.7m, €2.1m), a move a legal expert says will have a “significant effect” on the nation’s wealthy.
Investment | news 21 Feb 18
Researchers launch IHT portfolio index
Portfolios targeting inheritance tax mitigation have a new benchmark.
Best Practice | news 21 Feb 18
Simplified IHT rules could go live in 2019
The UK’s Office of Tax Simplification (OTS) will publish a report on the processes and complexities around inheritance tax (IHT) in autumn 2018, opening the door to the possibility that IHT could be simplified within the next two years.
Platforms are dead, says The Lang Cat boss
Platforms have spurned the gift of the retail distribution review (RDR) and are dead, according to Mark Polson, founder of financial services consultancy The Lang Cat.