The Gord giveth…
October's pre-Budget report has certainly caused ripples throughout the world of tax planning and investment. As we went to press the offshore life industry was still waiting to see whether Alistair Darling's proposals on capital gains tax would be modified, or if it was going to have to fight harder than ever to promote the virtues of its products over directly held collective investments. (Although even without the detail, SPILA's Luanne Ahearne puts up a spirited defence on pages 26 and 27.) What would seem to be better news was the proposal to make the nil-rate band for inheritance ta...
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