Alistair Wilson runs through five key taxation changes all advisers and platforms should take note of...
April 2016 will usher in a series of new tax and regulatory changes for the savings and investment industry. With just six months to go, here are five changes that should be on the radar of every platform and adviser. Scottish taxation changes From April 2016, Scotland will have powers to vary its tax rates and platforms will need to make sure they adapt their systems to cater for the new regime. For residents living north of the border, the basic, higher and additional tax rates will be reduced by 10 pence in the pound, effectively becoming 10%, 30% and 35%. The ‘Scottis...
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