Effective from 6 April 2022
Asset managers eye opportunities
Follows interest rate swaps scandal
HMRC investigations have yielded a record £136m in extra capital gains tax (CGT) collected from individuals and small businesses in the last year, according to an accountancy firm.
Hundreds of business owners affected by Royal Bank of Scotland's "turnaround" division for struggling companies are planning to sue the bank through a group legal action.
Investment management and corporate advisory business Seneca Partners has launched an inheritance tax (IHT) service that allows investors to protect their legacy from IHT while at the same time giving a helping hand to British businesses.
Business secretary Vince Cable has called the financial sector "a public good", though admitted it often falls short of this lofty aim.
Almost two thirds of small and medium sized enterprises (SMEs) are at risk of a "severe impact" on their business by having no protection insurance for their owners and key employees, Zurich has warned.