Tag: Finance

Apr 29

Silicon Valley Bank crisis shows regulators can’t be complacent in digital age, OSFI head says

Breadcrumb Trail Links News Finance Banking Rapid deposit flight requires more financial oversight Get the latest from Stephanie Hughes straight to your inbox Sign Up Peter Routledge, head of OSFI, said there is more regulators can do to manage the rapid outflow of deposits that led to the failure of Silicon Valley Bank. Photo by […]
Apr 25

R&D tax reliefs revamp questioned

Government proposals to streamline the research and development (R&D) tax relief system have been called into question by top 10 accountancy firm Azets. The plans would mean merging the two current schemes and potentially revamping permissible qualifying activity and claimant criteria. A consultation on the proposals by HM Treasury and HM Revenue & Customs concluded […]
Mar 28

Members of ‘pension liberation scheme’ lose tax case

A businessman who presided over one of Britain’s worst “pension liberation” scandals was branded evasive, hostile and guilty of “highly regrettable conduct”, according to the judgment in a tax tribunal published yesterday. Craig Tweedley, founder of the pension scheme company Ark LLP, displayed “a total disregard for due diligence and careful administration and was primarily […]