News

The UK Trust Register: a moving feast

The UK’s Trust Register legislation[1] (“the AML Regulations“) came into force on 26 June 2017 and established a central UK Trust Register, maintained by HM Revenue & Customs (“HMRC“). The… Read more →

News

Changes to the Trust Register rules

We highlighted in the Winter 2020/21 issue of In Trust that the law was changing in respect of the registration of trusts with HM Revenue & Customs (“HMRC“), meaning that… Read more →

News

EXPANSION OF THE UK TRUST REGISTER

As from 2017, HM Revenue and Customs (“HMRC”) have maintained a centralised database of UK trusts known as the Trust Register. Up until now, the requirement to register has been… Read more →

News

Extension of the UK Trust Register

Since 2017, trusts that incur a UK tax liability have been required to register on a central register of trusts (“the Trust Register“) managed by HM Revenue and Customs (“HMRC“).… Read more →

News

Wedlake Bell responds to Government’s Trusts Consultation

On 9 November 2018, following a commitment in the Autumn Budget 2017, HM Revenue and Customs published “The Taxation of Trusts: A Review“, a consultation paper looking at how trusts… Read more →

News

Wedlake Bell’s Private Client team respond to government consultation on Inheritance Tax (IHT)

On 19 January 2018, the government requested that the Office of Tax Simplification (“OTS“) carry out a review of inheritance tax in order to identify simplification opportunities. The scoping document… Read more →

Bulletins

Making a Will

Consultation Response: Wedlake Bell LLP On 13 July 2017, the Law Commission launched a major consultation project on the law of Wills. The law in this area has not been… Read more →

Bulletins

Probate fees increase for high-value estates

Disappointingly, the Ministry of Justice has confirmed that it is going ahead with its controversial proposals to increase the costs of applying for grant of probate under which the maximum… Read more →

Bulletins

Wedlake Bell responds to plans for a central UK trusts register

The global drive for greater transparency of corporate and other legal entities continues. In an attempt to prevent money laundering, terrorist financing, tax evasion and other financial crime, one of… Read more →

Bulletins

Inheritance Tax planning under the spotlight

There is a fine line between legitimate tax planning and tax avoidance. The latter can be caught under the statutory “general anti-avoidance rule” if it constitutes a tax arrangement that… Read more →