HMRC former tax chief Hartnett took HSBC job 24/03/2015 Dave Hartnett, the former head of tax at HMRC, has taken a role with HSBC, the bank under investigation by several countries around the world for alleged collusion in client tax evasion, it has emerged.
Wealth Management reacts to yesterday's Budget 19/03/2015 The Chancellor of the Exchequer, George Osborne, announced ahead of yesterday’s (18/03/2015) Budget that there would be “no gimmicks and no giveaways”. Nevertheless his final announcement before the election featured several surprise strategies aimed at getting Britain “out of the red and into the black” by 2019. Amongst these were a crackdown on tax evasion, an extension of pension freedoms and another increase in the bank levy. thewealthnet has taken a look at of some of the key responses from the wealth management sector.
HSBC said to be closing some UK nationals' Jersey accounts 17/03/2015 HSBC is closing all accounts on Jersey belonging to customers living in the UK, as part of a move by UK banks to carry out checks on the identity and addresses of thousands of their customers on the Channel Islands, the BBC reported.