UK trust for non-UK high net worth’s with non-UK assets We live in very uncertain times with once thought reputable governments seizing the bank accounts of ordinary individuals, whether that be in Canada or Australia and because of COVID and you are at the brink of military action. One place has always been safe…
Budget 27 October 2021 Some things you might have missed With immediate effect Both UK residents and non-UK residents will have 60 days in which to file a CGT return on the disposal of residential property, rather than the previous 30 days. With effect from 1st April 2022 A new levy (another word for tax…
G20 finance ministers on Saturday gave their backing to a “historic” global deal to tax multinational companies more fairly and urged hold-out countries to sign up. A framework for international tax reform, including a minimum corporate rate of 15%, was agreed this month by 131 countries. But the endorsement by the 19 biggest economies plus the European Union will help ensure it becomes a reality following years…
The issue of corporate economic substance is high on the agenda of tax authorities globally, following recent developments to improve fairness and cooperation in international tax. Following requests from the EU’s Code of Conduct Group (Business Taxation), the ‘Crown dependencies’ have agreed to introduce legislation that will require resident companies carrying on certain specified activities…
UK and Cyprus have a very strong relationship that is getting deeper and wider. British High Commissioner to Cyprus, Stephen Lillie said on Thursday that the UK and Cyprus have a very strong relationship that is getting deeper and wider, noting that defence engagement was an important part of this growing relationship. Lillie on Thursday…
Significant and wide-ranging changes are being introduced in relation to the taxation of UK property, some of which already apply for transactions taking place from 6 April 2019, others taking effect from 6 April 2020. Real estate held by non-UK residents From 6 April 2019, disposals of UK commercial property by non-residents have been brought…
Basic Tax Saving tips for UK taxpayers under 18 We have seen a number of people, and no doubt you will have heard of, celebrities, footballers and others who have entered into complex arrangements which failed to save tax and now face bankruptcy. We find this very frustrating, especially when they have not used all…
Exsus is growing. Like any company that has existed for a while, there comes a point where it is important to regroup and reconsider the values and qualities that the company is expressing. If something is not supporting our ideals, it is time to find a new way to present ourselves. This is an opportunity…
First quarter dividends raised, restarted or held at half of UK listed firms, says Link Group Half of UK listed companies increased, restarted or held their shareholder payouts steady between January and March, compared with just a third in the final three months of 2020, signalling the beginnings of corporate recovery from the shock caused…
Investment Association also called on most developed economies to help firms meet Paris Agreement climate goals An influential group of UK investors are urging G7 leaders to follow the UK’s lead by forcing firms to come clean about their exposure to climate risks. In a letter to ambassadors and high commissioners sent ahead of the G7…
