The HM Revenue & Customs (HMRC) investigation into family investment companies could uncover a wealth of unpaid inheritance tax currently masked by 'shadowy' practices, an industry veteran has said.
It was recently revealed that the UK's tax authority is investigating the use of family investment companies (FIC) by the very wealthy as a means of avoiding inheritance tax (IHT). Beaufort Group co-founder...
Clients can both help businesses in post-Covid economic recovery and make good returns, writes Martin Currie, who takes a look at the landscape for Venture Capital Trusts and Enterprise Investment Scheme investors
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Retail investors set to be restricted initially
The fact that emotions can so significantly impact investment decisions means the issue is becoming ever more important for advisers