Andy Burnham should raise taxes on wealthy pensioners to rescue the public finances, Labour’s favourite think tank has urged.   The Institute for Public Policy Research (IPPR) called on the Prime Minister to introduce National Insurance on pensioners’ incomes to shield workers from further levies.   Economists said in a new report that the policy, […]

On 24 July 2026, the PRC Ministry of Finance and State Taxation Administration issued sweeping new regulations governing the taxation of offshore trusts, which represent one of the most significant developments affecting Chinese Mainland-linked offshore wealth structures in recent years (the 'Announcement').    Rather than targeting a single aspect of trust planning, the Announcement creates […]