01/19/2021
The purpose of the LTA's administrative circular 168bis/1 (the Circular) is to clarify some of the concepts and key aspects of this piece of legislation, through numerical examples.
01/18/2021
If the stamp duty holiday is not extended, as many as 100,000 transactions could be at risk, the Chancellor has been warned
01/15/2021
Duet Group employee will try to use Brexit to stop extradition
01/14/2021
KPMG in the Channel Islands and KPMG in the Isle of Man announce the merger of their businesses to form a single Crown Dependencies practice.
01/13/2021
Should capital gains tax rates be raised?
01/13/2021
Treasury made several significant changes in the rules, many of which are to the benefit of taxpayers.
01/12/2021
The list includes non-EU countries and territories that do not comply with certain “tax good governance standards” relating to transparency, fair taxation and implementation of the minimum standards agreed at OECD level as part of the Base Ero
01/12/2021
There are several parts to the Statutory Residence Test. Broadly, in deciding the UK tax residence position for a tax year the Test involves counting days of presence in the UK, and a consideration of the connecting factors to the UK.
01/08/2021
The OTS’s report has flagged that the effective rate for very large estates (i.e. estates over £7m) is, in fact, in the region of 10% once all relevant reliefs and exemptions are properly applied.
01/08/2021
As for the connecting factors based on where to charge IHT, most European countries use either the situs of the assets or the residence of the donor (and more rarely the residence of the donee) as the connecting factor to charge succession or donation tax
01/08/2021
At the end of the Brexit transition period many EU directives and other regulations ceased to apply to the UK.
01/07/2021
The change will apply to Brooks Macdonald's custody MPS and those held on third party platforms (platform MPS).
01/06/2021
HMRC state that it is the intention of the UK Government to implement the OECD model Mandatory Disclosure Rules (MDR) into UK domestic law as soon as practicable.
01/06/2021
With the prospect that the Chancellor of the Exchequer would raise taxes in his 3 March 2021
01/06/2021
If the rates were brought up to even close to income tax rates this would mean an effective doubling of the CGT rate for higher rate taxpayers.
01/06/2021
It has been a pleasure working with like-minded individuals who are dedicated to serving clients at the highest level.
12/29/2020
The Commission cited a survey conducted in May this year indicating that 63% of respondents supported a one-off wealth tax on households with assets over 2 million pounds ($2.7 million), excluding homes and pensions.
12/28/2020
It added that Russia and Malta signed the protocol on amending the Double Tax Agreement in October 2020.
12/23/2020
This update is a FAQ regarding persons involved in AML / CFT for RAIFs.
12/23/2020
"A gift into trust is often undertaken when someone wants to make a gift for the benefit of family members whilst retaining control of the assets gifted during their lifetime."