Tag: Finance

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 […]
Jan 25

Chrystia Freeland finally offers plan to help Bank of Canada cover its losses

Breadcrumb Trail Links Finance Economy Banking Legislative tweak will allow Bank to get rid of its first red ink in history Finance Minister Chrystia Freeland has told Bank of Canada governor Tiff Macklem that the government will amend legislation so that the central bank can keep earnings to offset its losses. Photo by REUTERS/Blair Gable […]