
HL clients in line for potential £15m payout after challenge to HMRC
Debate over loyalty bonuses

Hargreaves Lansdown has successfully challenged HMRC
Hargreaves Lansdown has won a 'discount tax' challenge against HM Revenue & Customs (HMRC), which could lead to at least £15m in annual management charges returned to around 150,000 investors.
Hargreaves Lansdown introduced 'loyalty bonuses' - discounts provided against the ongoing management charges - for clients over 15 years ago but in April 2013 the rebates were deemed taxable by HMRC. ...
More news
Old Mutual Wealth to list as Quilter on LSE in June
'Managed separation update'
IRESS data shows 20.5% protection sales increase
'Record-breaking quarter'
Prando's Asset Management - White House clown
The chairman discusses his surprise holiday job
Aviva platform crashes as re-platforming bugs continue
Three months on
FCA accuses advisers of giving wrong data to pension transfer specialists
Regulator has stepped in
Back to Top