September 30 is a key date for anyone with overseas assets that may be taxable in the UK as HMRC has made it the deadline for disclosure. Disguised remuneration schemes must also be declared by the same day. This month’s deadlines illustrate the importance of good tax advice. Most taxpayers probably have January 31st circled…
In April of this year, the Financial Conduct Authority published new proposals aimed at improving transparency on the part of asset management firms when they report to their beneficiaries. In particular, the FCA focused on the question of whether or not asset managers were providing value for money in terms the balance between charges…
Average residential property rents are set to rise sharply over the next few years, according to research by the Royal Institute of Chartered Surveyors. And while the findings indicate that many smaller landlords are opting to get out of the market as new taxes kick in, for those that remain, demand for properties will remain…
May 2018 was not a good month for funds investing in UK equity. According to figures published by the Investment Association (AI), investors withdrew around £1.2bn over the month, representing the biggest outflow since the period following Britain’s vote to leave the EU back in 2016. All companies funds saw the biggest outflow –…
The expansion of the private debt market has been one of the big financial stories of the past few years and while the market cooled a little in the first quarter of 2018, investors remain bullish about the prospects for the year ahead. As noted in this blog back in February of this year,…
Viewed through one lens, the UK residential property market is going through a period of subdued activity. According to the latest report from the Royal Institution of Chartered Surveyors, the number of homes registered for sale on estate agents’ books has fallen to record lows, the amount of time it takes to sell a house…
The UK residential property market is ripe with opportunities for investors. Yes, the referendum vote to leave the European Union has generated a degree of economic uncertainty, but residential property has, nonetheless continued to deliver reliable yields and capital growth. And with demand for apartments and houses set to outstrip supply for the foreseeable future,…
It’s easy to take something for granted once it has become part of the furniture. Take the Enterprise Investment Scheme (EIS). Introduced in 1994, the scheme was intended to encourage equity investment in small companies. As the Government minister in charge back then, Michael Portillo put it: “The purpose of Enterprise Investment Schemes is…
