18 September 2020
With the UK’s level of borrowing this year expected to be almost seven times more than last year, at around £350bn, a cut in Government spending (eventually) and tax rises (sooner) seems inevitable.
13 August 2020
The likelihood of tax increases later this year should prompt a race to review your affairs and take appropriate action to ensure you are not caught out.
The Government has confirmed that it will reform the off-payroll working rules (commonly known as IR35) from 6 April 2021. This change impacts an estimated 170,000 individuals who supply their services through an intermediary, such as a personal service company (PSC), and who would be deemed employed if engaged directly.
17 July 2020
Unlike most aspects of trusts, anti-Bartlett clauses are a relatively recent development. They were developed following the 1980 English law case of Bartlett v Barclays Bank Trust Co Ltd. Broadly speaking, the case determined that where a trust holds a controlling block of shares in a company the trustees have certain duties, including to take action when the company’s affairs are not being conducted properly.
17 July 2020
Offshore messenger continues to highlight the key areas to assist offshore trustees, company directors and related professionals whose clients have UK connections.
14 July 2020
Our panel of experts will cover corporation tax issues for non-resident landlords, legal issues which are starting to emerge following the pandemic and forthcoming UK regulatory changes.
08 July 2020
In a year where we have been confined to our homes and with many property transactions on hold, it’s easy to forget that there have been some pretty substantial changes to the tax consequences of buying and selling property in recent times.
23 April 2020
When an individual dies without leaving a valid will, they are said to have died intestate. Discover the ramifications of this.
14 April 2020
Under the laws of England and Wales, broadly speaking we all have the freedom to dispose of our personal assets (including interests in family businesses) as we wish. But that freedom relies on us leaving a valid will that sets out what should happen to our assets when we die.