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Business and Other Briefings
FSA: The Financial Services Authority (FSA) has published a Consultation Paper containing proposals which aim to further help investment advisers provide consumers with clear & simple information about services and costs. The FSA invites views on the questions set out in the Consultation Paper by 19 May 2008.
In placing this simplified document in guidance, the FSA is providing firms with an effective way of complying with a number of European Union disclosure requirements. In line with European requirements, for firms that wish to use this document, it may further reduce the number of documents investment advisers provide at the point of sale and give firms greater flexibility in achieving clarity for consumers.
The FSA will publish feedback on responses to this Consultation Paper in a Policy Statement in July 2008 together with the final handbook text. The new guidance will take effect on 6 August 2008.
Press release ~ Consultation Paper CP08/3: 'Simplifying Disclosure: Information about services and costs'
HMRC: The Tax Law Rewrite project, which is modernising UK direct tax law so that it is clearer and easier to use, has published a draft of its fifth Bill (Corporation Tax). The Tax Law Rewrite project aims to rewrite the UK's primary direct tax legislation so that it is clearer and easier to use, but without changing its general effect.
This Brief gives details of an article: Weald Leasing Ltd.
This Brief gives details of an article: Three year time limit for VAT claims.
