Govt launches probe into FCA's handling of failed £236m firm

The government has today officially launched a probe into the circumstances surrounding the collapse of £236m mini-bond firm London Capital & Finance.

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Average Inheritance Tax bill for 2018/19 close to £200,000

The average inheritance tax bill reached almost £200,000 in the last tax year - up £60,000 in five years, according to analysis of HMRC receipts by financial advice firm and insurer NFU Mutual.

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Dormant assets scheme could be extended to wealth managers

An independent report commissioned by the government has suggested expanding the dormant assets scheme to include investment and wealth managers.

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HMRC wins £40m tax avoidance scheme battle

HMRC has won a £40m legal case against tax avoidance scheme promoter Hyrax Resourcing Ltd.

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