-
11 Feb, 2014
We remind you that the Annual Allowance reduces to £40,000 from £50,000 for the 2014/15 tax year. Unused Annual Allowances from previous years can be carried forward for up to 3 years. The Annual Allowance has been £50,000 since 2011/12...
Read Full Article »
-
07 Feb, 2014
The Cyprus legal system is largely based on common law. Cyprus, as a former British colony, inherited common law doctrines and principles which were codified into legislation when the Republic of Cyprus was established in 1960.
Read Full Article »
-
24 Jan, 2014
We are delighted to advise you that we have now launched two online SIPPs: Acorn Lite, which allows up to 2 regulated investments plus a cash bank account; DFM Platform SIPP, that offers a Discretionary Fund Manager platform...
Read Full Article »
-
16 Jan, 2014
A new year, but the same old issues in the world of QROPS. The selection of articles here highlights the ongoing uncertainty about HMRC and its attitude to QROPS regulation since its recent High Court defeat and subsequent clarification. Our belief is that the uncertainty seems to exist where possible abuse of the rules may have taken place.
Read Full Article »
-
03 Jan, 2014
This article provides a general overview of the Canadian income tax framework relevant to non-resident multinational corporations doing business in Canada directly or indirectly through a partnership. This article does not cover the scenario where the non-resident corporations carrying on a business in Canada through a Canadian subsidiary.
Read Full Article »
-
29 Nov, 2013
Here is a decent spread of articles about the QROPS/QNUPS industry this month, with many offering different insights and opinions. The topic of QROPS for US residents has become increasingly prominent in recent months, and it may be that there are inherent difficulties here. There are advocates of using Malta, who have DTA in place with USA, and also structures using UK SIPPS with US investments. You need to check out all the options cautiously.
Read Full Article »
-
22 Nov, 2013
Most of us tend to forget the fact that there is an enormous difference between the operation of the two types of bank account mentioned above. First of all, however, we should clarify exactly what we mean by offshore and onshore banking. It will be easier to understand the difference between the two if we look at the second one first. In the case of onshore banking, speaking strictly about corporate accounts, the company generally opens an account in the country in which it is registered, which also tends to be where the owners live or are resident and where the company carries out its business activities.
Read Full Article »
-
12 Nov, 2013
Small Self-Administered Schemes (SSASs) are often forgotten in favour of SIPPs. But sometimes they may be more appropriate.
Read Full Article »
-
24 Oct, 2013
The introduction of the RDR has been a time of change and opportunity for the financial services industry. We invite you to an information-packed seminar featuring industry experts who can help you explore ways to make the most of this new environment.
Read Full Article »
-
17 Oct, 2013
A smaller collection of articles this month, but something of interest for everyone associated with this industry.
Read Full Article »
