Pensions

2020 has left a big hole in government coffers and there will inevitably be changes to the tax regime in the new year

The Chancellor of the Exchequer, Rishi Sunak, has announced that the UK government will publish the Budget on Wednesday 3 March 2021

Joe Biden wants to reform the US tax system so that wealthy individuals contribute their “fair share” - a notion which is also part of the UK tax debate...

As we headed into autumn it became clear to the Chancellor that his focus would need to be on how to spend money not how to raise it and the autumn budget was cancelled. A large part of this decision must be down to Mr Sunak not wanting to deliver ‘bad news’ about tax increases and changes in the midst of a possible second wave, a second wave that has sadly now materialised....

One of the first things you see when you search ‘locate Isle of Man’ on Google is “Welcome to the perfect work life balance.” Covid-19 certainly has changed people’s perspective on their work/life balance before and after the occurrence of the pandemic and as a result we are seeing more “Entrepreneurs” relocate to the Isle of Man.

In this article Michael Crowe, chief executive of Finance Isle of Man, looks at how the Isle of Man responded to the pandemic and discuss what lies ahead for the financial services industry and international business centres

At 11 pm on 31 December 2020, the Brexit transition period will come to an end, and with it, the legislation which currently governs jurisdiction, recognition and enforcement in children and divorce cases in UK

Calls from the Wealth Tax Commission – a body of tax specialists and academics – for a one-off tax raid on ‘millionaires’ that could raise £260 billion has been met with a mixed reaction from the UK private client sector

Chris Allen, a chartered wealth planner at Arbuthnot Latham, explains why it is crucial for businesses to review continuity and succession plans at this current time

New research from tax advisory and financial planning firm Kreston Reeves suggests that a large percentage of the UK population has never taken professional financial advice, whilst believing they have ‘just enough’ in pensions to fund the retirement hoped for, and placing an over-reliance on the state pension