Call us on: 01924 566010

September 2016

Home > 2016 > September

The next stage of the opening up of the Chinese stock markets has been agreed. Many major companies incorporated in China have dual share classes: A Shares, which is the main share category, are denominated in renminbi, the Chinese currency. They are listed on the Chinese...

26 September, 2016 /

In August, HMRC published a consultation document on adding a new weapon to its anti-avoidance armoury: penalties on ‘enablers’. While many were enjoying their holidays, HM Revenue & Customs (HMRC) released yet another paper examining ways of “strengthening tax avoidance sanctions and deterrents”. Over recent years, HMRC...

19 September, 2016 /

New statistics have been published showing just how much has been withdrawn in the first year of pensions freedom. In August, the Association of British Insurers (ABI) published data showing how much had been withdrawn from pension arrangements in the 12 months to April 2016,...

12 September, 2016 /

The fall in interest rates is boosting some pension transfer values. Pension scheme deficits have been hitting the headlines again, and not just those of BHS. The Bank of England’s efforts to bolster the post-referendum economy have been to blame. On one widely quoted measure...

05 September, 2016 /

 The Bank of England halved its base rate in August. By the end of the year, it could be lower still. At its first formal meeting after the Brexit vote, in early July the Bank of England’s interest rate setters (the Monetary Policy Committee) surprised...

01 September, 2016 /