News Team on 26/11/2020
HMRC has confirmed that executors do not need to update details of complex estates on the Trust Registration Service (TRS), at the end of the estate administration period.
News Team on 24/11/2020
The issuing of an 'Information Notice on Cannabis Cultivation and Production in Other Jurisdictions' by the States of Guernsey's Policy & Resources Committee was an 'unprecedented but welcome move', delegates heard at a seminar held by offshore law firm Carey Olesn on cannabis investment in Guernsey
With excellent schools, world-class legal system and overall high quality of life, once the extraordinary circumstances of 2020 return to normal, the UK remains an attractive jurisdiction for high-net-worth (HNW) families looking to settle overseas. Gaining UK residency through the Tier 1 (Investor) Visa program is one of the most attractive investment programmes explains EFG Private Bank
News Team on 19/11/2020
HMRC is sending out letters to overseas individuals living and working in the UK to establish whether they are resident in the country and should be paying tax to HMRC, tax and advisory firm Blick Rothenberg has warned
Katie Royals on 18/11/2020
Divorce numbers have seen the biggest spike since 1972 and hit the highest number since 2014. According to ONS data the number of divorces was up 18.4 percent in 2019, to 107,599
News Team on 16/11/2020
New York State Attorney General Letitia James filed a lawsuit against Sotheby’s last Friday (06/11/2020).
Many Brits will have made foreign retirement plans for 2020, only to see them torpedoed by the global pandemic, travel restrictions and economic uncertainty. Some may have steered towards a different course because of the health crisis...
Be careful what you post - A misplaced emoji can land you in hot water and get you sued
News Team on 03/11/2020
Figures published by the US internal Revenue Service (IRS) show a record 6,045 Americans gave up their citizenship in the first nine months of 2020
News Team on 02/11/2020
The Gibraltar government (HMGoG) has confirmed that it will publish its Limited Partnerships Bill and the Protected Cell Limited Partnerships Bill as part of the modernisation of the jurisdiction’s funds legislation
- CGT proposals likely to spark renewed interest in trusts
- HMRC sends out “nudge” letters to check on UK residency
- Lessons to be learnt from the intestacy of Caroline Flack
- Harbottle & Lewis partner named as new vice president of the Chartered Institute of Taxation
- Crestbridge makes senior leadership change with new CEO announced
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