The government has proposed relaxing the tax rules on Property Authorised Investment Funds (PAIFs) and REITs in a move which may increase the number of funds in this space.
The Treasury will not axe tax relief on compensation for certain previous pension mis-selling cases as previously planned.
An oft-cited reason for selecting a distributor influenced fund (DIF) over an independent vehicle - that it can mitigate clients' capital gains tax (CGT) liabilities - is not a strong enough standalone reason for recommending it, the FSA has said.
The government has moved a step closer to implementing a general anti-avoidance rule (GAAR) to the tax system after a report recommended the move today.
Matthew Stephens, head of product and sales technical at Prudential, explains how to overcome limitations of the capital gains tax annual exemption.
Capital gains tax (CGT) makes up a significant portion of the tax paid unnecessarily by consumers each year, research suggests.
A former Labour Treasury minister today urged her party to drop its support for the 50p tax rate.
The Treasury has proposed to remove tax relief on compensation payments for pension mis-selling.
The Retail Distribution Review (RDR) will create "perverse" tax implications for consumers facing "significant uncertainties", the IMA warned today.
A boiler room scammer used a real IFA's name and FSA number to con investors out of thousands of pounds.