Isle of Man News last updated 12 December 2017 14:36:44

Crunch time: Canaccord Genuity Wealth Management considers interest rate impact

POSTED Wed at 1:23 pm

There was yet another large turnout for the Canaccord Genuity Wealth Management (CGWM) Q4 Bitesize seminar at the Claremont Hotel on Wednesday 22 November 2017. The seminar focused on key current themes for investors and the implications of rising interest rates. The CGWM Bitesize seminars provide business professionals with a convenient learning opportunity for which a CPD certificate is provided on request. CGWM holds an event every quarter, bringing high-calibre guest speakers to the island and reflecting their commitment to providing up-to-date industry insights to the Isle of Man. Staying informed in an industry that’s constantly shifting isn’t easy, but being aware of changes as they’re happening can keep you ahead of the curve.CGWM...

KPMG seminar predicts taxing times ahead

POSTED Wed at 11:08 am

Over 150 local clients and business people packed into the Claremont Hotel on 30 November to attend the KPMG Tax team’s latest update.  A diverse range of subjects was covered, including in particular the recent UK Budget which was analysed in detail by local tax partners Greg Jones and David Parsons. Mr Jones began proceedings by demonstrating that, notwithstanding a proposed 3% increase in UK income tax personal allowances, high income earners living in the Isle of Man still pay considerably less tax than they would in the UK.  A disappointing Budget development, however, was HMRC’s proposal to extend UK capital gains tax to gains on disposals of commercial property (eg offices, shops, and industrial buildings) from April 2019...

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