Category - Data
For all the innovation that goes on in our sector, the exchange of data between parties is often at odds with the standards we’d all expect.
When navigating tax laws and gathering the right information to ensure compliance, investments in offshore funds may present a challenge for family offices. With offshore investment funds growing in popularity, the first thing to know is that holders are liable to tax on income and gains even when it is not obvious that any income […]
experts in providing ORF dataAs defined in UK tax legislation, Offshore Funds are investment schemes of which the trustees or operators are non-UK residents. Certain types of offshore funds are regarded as reporting funds which means investors need to pay tax to HMRC when disposing of such funds. HMRC implemented new legislation – The Requirement […]
FSL’s Offshore Reporting funds service continues to gain momentum as more financial institutions realise the potential of this value added service. During the last 12 months our client base has increased three fold as 100% of our existing clients made the decision to take this service again...
After 20+ years of providing our market leading capital gains tax software (CGiX) to clients in the UK and Europe we have developed and launched a complementary service for Offshore Reporting Funds.
FSL’s offering of Offshore Reporting Funds data integrated with CGiX’s tax calculations has now gone ‘live’ with two existing clients.