Latvia's top ten ranking for pension transfers from the UK in 2009/10, despite few British expats retiring there, suggests the country is being used to abuse tax loopholes, AJ Bell said.
When there is a flurry of tax reform, as there has been in the past year, some things tend to get lost in all the activity. This little gem had almost escaped notice.
Tax rules covering employer asset-backed contributions to final salary pension schemes are the latest to come under the taxman's scrutiny with a consultation launched this week.
Her Majesty's Revenue and Customs'(HMRC) power to access and gather data is eroding trust in the organization and must be checked, the Chartered Institute of Taxation said.
Singapore-based qualifying recognised overseas pension scheme (QROPS) trustee Equity Trust has lost its latest hearing in a high court, leaving investors open to a potential 50% tax charge.
Nick Homer, protection proposition manager at Zurich Financial Services, discusses trust planning options.
Adviser firms are being warned to beware HMRC intervention as they explore ways to avoid charging clients VAT after 2012.
HM Revenue & Customs (HMRC) officers have arrested 15 people as part of an investigation into suspected money laundering offences in excess of £200m.
David Cameron's communications director Craig Oliver, and his BBC presenter wife Joanna Gosling, have become embroiled in a tax fraud investigation.
Blevins Franks is warning expatriates that the current UK rules for determining whether or not an individual is tax resident in the UK remain complex and unclear.