A look at the most popular stories to feature on eprivateclient this week…
Monday
UK chartered accountants haysmacintyre has promoted Trevor D’Sa to tax partner and hired Reshma Patel as a tax director. Mr D’Sa has been with the firm since 2017 whilst Ms Patel has joined from rivals UHY Hacker Young
National law firm Veale Wasbrough Vizards’s (VWV) has acquired Inheritance Matters and appointed its owners Peter Heath and Jayne Udall to its Birmingham office. Joining as consultants, Mr Heath and Ms Udall will join VWV’s private client team, which comprises six specialists, led by partner, Rachael Armstrong, and supported by a national team of 55.
UK taxpayers need to earn a minimum of £120,000 to be considered part of the top 1 percent, according to new research from the Institute for Fiscal Studies
As speculation grows that a Budget may be called ahead of the 31 October Brexit deadline, James Hender and Lucy Brennan, partners in the private wealth group at accountancy firm Saffery Champness, examined the significance of Sajid Javid’s appointment in the Treasury and what it could mean for the UK's future tax policy
Fraser Slater, chief executive of Ludgrove Property, has claimed that new Stamp Duty Land Tax proposals from UK Prime Minister Boris Johnson could create a £9.8 billion boost to business and tax revenues
Listed legal services business Gordon Dadds Group announces plans to change its name to 'The Ince Group plc' with the proposed change to be voted on at its upcoming Annual General Meeting (AGM)
UK law firm Mills & Reeve reports record turnover for 2018 of £111 million with all staff at the firm set to receive a £1,500 bonus as a result
The Cayman Islands is tightening its AML regulations with all lawyers who are ‘Designated Non-Financial Businesses and Professionals' required to register at some point in August
According to HMRC figures the number of individuals claiming non-domiciled taxpayer status in the UK has fallen by 13 percent to 78,300 in 2017-18. As a result, the amount of tax these individuals paid also fell significantly with it estimated that non-dom tax payers paid £7.539 billion in UK Income Tax, Capital Gains Tax and National Insurance contributions in 2017-18, compared with £9.489 billion the previous year.
New research has uncovered which universities across the world are most likely to produce UHNWs with Harvard, Stanford and the University of Pennsylvania occupying the top three spots.
….Finally, readers have just a few hours left to have their say on who should be included in the 2019 eprivateclient Top 35 Under 35. To make a nomination, please click here