Legislative Developments
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News Team on 02/05/2024
The UK government has updated its proceeds of crime and terror legislation, making it easier for UK law enforcement to investigate, seize and recover illicit cryptoassets
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Will Sidery on 30/04/2024
From yesterday (29 April 2024), in private law children proceedings and in contested financial remedy proceedings (FPR) in England & Wales, parties will be required to file and serve a standard form setting out their views on engaging with non-court dispute resolution
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News Team on 25/04/2024
The Jersey Court has concluded that the revenue rule, the principle that the courts of one jurisdiction will not collect the tax of another, as well as a small number of limited but longstanding exceptions to that rule, all form part of Jersey law
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News Team on 24/04/2024
Following Chancellor Jeremy Hunt’s announcement in the March Spring Budget that the current tax regime for non-UK domiciled individuals (or non-doms) and the concept of domicile in the tax system will be abolished, the government is keen to hear external views on this reform through a series of listening events between 13 and 31 May 2024
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Sophia Panayi on 23/04/2024
With both the Labour and Conservative parties pledging to reform the non-dom regime, non-UK domiciled individuals may be looking for way to mitigate their income tax on offshore structures
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News Team on 23/04/2024
No fines for sanctions breaches have been levied as a result of the 2022 sanctions against Russia since its full-scale invasion of Ukraine, correspondence from the Foreign, Commonwealth and Development Office (FCDO) has revealed
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News Team on 18/04/2024
HMRC has published further guidance on the impact of the abolition of the lifetime pension allowance (LTA) in its latest newsletter on pension schemes
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News Team on 17/04/2024
Spanish Prime Minister Pedro Sánchez has announced plans to scrap Spain's golden visa programme, according to reports from Spanish paper El País
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News Team on 17/04/2024
The European Council has adopted a law which sets out EU-wide minimum rules on the tracing, identification, freezing, confiscation and management of criminal property in connection with a wide range of crimes
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News Team on 16/04/2024
Brazil, the current G20 chair, has called for a global plan to "ensure the world’s super-rich pay their fair share in tax", with France adding its support, amid rising incoming equality
- 2023 eprivateclient 50 Most Influential named as global law firm's London private wealth head
- Trowers & Hamlins names sector heavyweight as new head of private wealth
- HMRC veteran returns to KPMG after 14-year gap to bolster tax dispute offering
- Equiom adds Hawksford's former head of private client in Jersey as executive director
- New wealth report reveals top concerns of UK HNWs
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