As we move into the second half of the year, the UK’s private wealth landscape remains in flux. With a potential watering down of the “non-dom” tax reforms being quietly floated due to concerns over a potential shortfall in public
More about Globally Speaking July 2025The tax implications vary greatly between personal and corporate ownership, affecting everything from stamp duty land tax (“SDLT“) on purchase, tax on disposal, and inheritance tax (“IHT“) typically chargeable on death. Understanding these differences is crucial for making an informed
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Introduction – What is AI? Artificial intelligence (AI), or, broadly computer systems that perform tasks which typically require human intelligence, is rapidly transforming the modern workplace, offering new efficiencies and capabilities across recruitment, investigations, and everyday decision-making. However, as organisations
More about AI in the workplace: What employers need to knowHeirs in Islamic law are divided into three principal classes which are described below. Qur’anic heirs (Ashabul-Furud) Qur’anic heirs are also called “sharers” and this is the first class of “shareholders” in relation to inherited assets. These heirs possess the
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Over time that equal treatment principle has been modified for policy reasons born of economic considerations: the introduction of statutory priorities, the recognition of priorities within priorities, and, to take an obvious example, the preservation of certain security rights. The
More about Third party release – An essential element of insolvency rescue?Responsible wealth stewardship reflects a growing awareness that wealth must be managed not only with care, but with conscience. In a world shaped by economic inequality, environmental urgency, and shifting generational values, how wealth is used — and by whom
More about Responsible wealth stewardship: Protecting wealth with purposeThe applicant in Almeqham v Al-Sanea [2025] EWHC 1662 (Ch), the recognised liquidation trustee of Maan Bin Abdul Wahed Al-Sanea and Saad Trading, Contracting and Financial Services Co, applied, pursuant to art 21(1)(d) Cross Border Insolvency Regulations 2006, for relief requiring the
More about Almeqham v Al-saneaThis judgment marks a pivotal moment in family law, particularly for high-net-worth individuals and private clients seeking certainty in wealth protection and tax planning. This judgment firmly establishes that non-matrimonial property — typically acquired before the marriage — should not
More about Supreme Court Clarifies Asset Division In Divorce – Standish v StandishBroadly, the Bill’s Royal Assent is not expected until mid-2026. Then Consultation starts on the proposed associated Regulations on which the government has to consult – which it must do in many cases. Finalised Regulations and Guidances are generally likely
More about Part 1 – Pension Schemes Bill timelineThe UK Government has taken a significant step with the introduction of the new Pension Schemes Bill towards making it easier for defined benefit (“DB“) pension scheme surpluses to be paid to employers. According to the Government’s consultation response in
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