HM Revenue and Customs (HMRC) collected some £124m over the last financial year from investigations into small and medium-sized enterprises (SMEs) and 'wealthy individuals' suspected of avoiding capital gains tax (CGT), according to Collyer Bristow.
The latest figure calculated by the law firm is slightly down on the total gathered by the government through investigations during the 2015/16 financial year, which saw HMRC pick up an extra £140m through...
Investors have largely avoided financials over the past 10 years, with the share prices of US and European banks having largely stood still relative to broader markets since 2007. But while banks won't return to their record valuations any time soon (and...
Steps already taken
Increasingly diverse sector
First of planned acquisitions
Feedback from first year