US tech giant Apple has taken advantage of President Trump’s tax reforms by onshoring profits and increased dividend payments by 16% in its latest quarterly figures ending 31 March

Inheritance tax (IHT) should be scrapped and replaced with a new ‘lifetime receipts tax’ of £125,000 per person coupled with a much lower rate, to smooth out intergenerational financial imbalances, according to analysis from the Resolution Foundation

Certain British overseas territories, including the Cayman Islands and the British Virgin Islands (BVI), are to be required to maintain publicly available registers of the beneficial ownership of companies, as part of new legislation to encourage greater transparency about financial dealings