Legislative Developments
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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
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News Team on 03/04/2024
The succession provisions in the Scottish Trusts and Succession Act 2024 will come into force on 30 April 2024.
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on 27/03/2024
Today, the risk of sanctions is an area of major concern, not only for HNWIs participating in investment and commercial transactions, but also for solicitors advising them
- Charles Russell Speechlys promotes former Top 35 Under 35 to partner
- 2023 NextGen Leader one of four new partners at Farrer & Co
- Ocorian bolsters private client division with senior appointments in latest promotion round
- Ludlow Trust acquires C Hoare & Co’s UK trust business
- JTC to acquire JPMorgan trust subsidiary
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