Hargreaves Lansdown said the move to super clean share classes will not automatically lead to a ‘new normal' annual fund charge of 65bps, claiming it has already negotiated greater discounts with some groups.
Hargreaves Lansdown has moved to officially challenge HMRC's decision to impose a tax on platform rebates paid to consumers, after the revenue's move to introduce the tax earlier this year.
HM Revenue & Customs (HMRC) has successfully challenged a stamp duty land tax avoidance scheme, protecting some £68m of taxpayers' money.
HM Revenue and Customs (HMRC) is launching a major new crackdown on tax avoidance targeting the advisers and promoters of avoidance schemes - and plans penalties of up to £1m.
HM Revenue & Customs (HMRC) has defended the publication of a tax evaders 'most wanted' list amid criticism from the Labour Party.
HM Revenue & Customs (HMRC) has added a further ten alleged tax dodgers to its ‘most wanted' list, as the department faced criticism for so far apprehending only one of 20 original fugitives.
Investors who claimed tax relief on shares in failed start-up companies face a criminal probe by HM Revenue & Customs (HMRC) into their investments amid a crackdown on aggressive tax planning.
The recent defeat by HMRC to levy a 55% tax on investors in a delisted Qualifying Recognised Overseas Pension Scheme (QROPS) is likely to see a further tightening up on overseas pension transfer rules.
Her Majesty's Revenue & Customs (HMRC) has upheld the VAT exemption on discretionary fund manager transaction fees.
HM Revenue & Customs (HMRC) has issued a number of clarifications on the updated tax rebate position following requests from providers.