As the Autumn Budget approaches on 26 November, the private client sector is poised for further change amid uncertainty over the UK’s evolving political and economic landscape. Tax reforms affecting UK-based individuals — and potentially those with UK connections —
More about Globally Speaking – October 2025This article outlines the key principles and scenarios affecting the inheritance rights of spouses, children, and parents. Previous articles on this topic include Shari’ah, and an introduction to Islamic inheritance law and Heirs in Islamic law. Shari’a law On the
More about Shares under Islamic InheritanceThe ROE Since 31 January 2023, overseas entities that hold or acquire interests in UK real estate have been required to register with the UK Registrar of Companies (via Companies House) (the Registrar) and to disclose required information about themselves,
More about Public disclosure of trust information: reforms to the ROE and TRS regimes affecting non-UK trustsOn 2 September 2025, the UK Government published draft “Money Laundering and Terrorist Financing (Amendment and Miscellaneous Provision) Regulations 2025” (the Regulations), which included proposed amendments to the rules governing the UK’s Trust Registration Service (TRS). These changes aim to
More about Expansion of the UK Trust Registration Service: implications for non-UK trustsResearch quoted in the Law Society’s International Data Insights Report 2025 estimates that about 40% of the world’s cross-border business and financial transactions are governed by English law; and in 2021 English law was the governing framework for global M&A
More about Making a good deal better: the English law effectWider context Carried interest is a share of profits from an investment that is paid to investment managers and general partners in private equity, venture capital, or hedge funds. It is a performance fee that is paid out to fund
More about Private equity and carried interest: preparing for the new rulesWhat’s changing? Certain registers no longer required Companies will no longer be required to keep the following registers as part of their company registers (also known as statutory books): register of directors; register of directors’ residential addresses; register of secretaries;
More about Streamlining company registers – changes from November 2025The manner in which the Register operates was then amended by the Economic Crime and Corporate Transparency Act 2023 which introduced a range of enhancements, in an effort to increase the effectiveness of the Register. The most recent reforms to
More about Key Updates to the Register of Overseas Entities following the enactment of the Economic Crime and Corporate Transparency Act 2023As we move through the 2025/26 tax year, this edition arrives at a pivotal moment for estate planning and wealth structuring. The government has confirmed significant reforms to the inheritance tax reliefs for agricultural property and business property, due to
More about In Trust – September 2025The government’s original proposals aimed to address concerns that pensions were increasingly being used as strategic estate planning vehicles, rather than encouraging saving for retirement. However, the proposals raised confusion in the industry as it was not clear whether all
More about From nest egg to tax target: Pension funds will no longer be exempt from IHT