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 →
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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 →