News & Insights

Private Wealth Associates, Alex Gamble and Jenny Wilson-Smith signpost the recently published UK Supreme Court’s judgment in the important case of HMRC v Fisher (2023) UKSC44. Which culminated in a fundamental argument about who is capable of being a “transferor” for purposes of the transfer of assets abroad regime.

Following the latest Autumn statement, Associate, Jenny Wilson-Smith outlines the measures on pensions and ISAs that will take effect from 6 April 2024.

Private Wealth Senior Associate, Jenny Wilson-Smith highlights the key points mentioned in this year’s Autumn Statement and questions what is next for the Spring Budget?

Following an extension of the UK Trust Register, many trusts (both UK and offshore) will either need to register for the first time or provide additional information by 1 September 2022, or within a new 90-day deadline.

Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith reflect on amended excepted estates IHT reporting, highlighting how the conditions for certain categories will be affected by the changes that will take place from 1 January 2022.

Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith recap the main changes set out in the Autumn Budget this year.

Following the “Tax Administration and Maintenance Day” that took place on 30 November, HM Treasury released various consultations, responses and a range of policy announcements and updates aimed at modernising the tax system. Sara Maccallum, Emma Haley and Jenny Wilson-Smith highlight three items of interest.

Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith, comment on the latest draft Finance Bill released on 20 July 2021 and which is due to have a new version published on 27 October 2021 and finalised in March 2022. They cover the potential impacts and administrative disruption that businesses may be facing with the new Finance Bill.

Senior Associate, Emma Haley and Associate, Jenny Wilson-Smith, reflect on the changes proposed by a consultation which was launched by the government to target amendments to the existing anti-money laundering regulations (MLR 2017).

Family Investment Companies (FICs) will no longer be required to be dealt with by a dedicated HMRC team but will be treated as ‘business as usual’.