STEP Annual Tax Conference looks at deemed domiciliaries

STEP hosted the last in this autumn’s series of Annual Tax Conferences on 21 October in London. Some outstanding STEP members spoke on topical matters including John Barnett TEP, Emma Chamberlain TEP, Robert Jamieson TEP, Edward Stone TEP, Paula Tallon and Chris Whitehouse TEP. Emma Chamberlain provided a much needed update on deemed domiciliaries –… Read More STEP Annual Tax Conference looks at deemed domiciliaries

Legacy giving: the role of the practitioner

On 18 October, my colleague Beatriz Brockhurst (STEP News Editor) and I attended the launch of Legacy Giving and Behavioural Insights – a research report which examined how will writers discussed charitable giving with their clients. Bridging the gap The research illustrates the gap between clients expressing an interest in leaving charitable gifts (35 per… Read More Legacy giving: the role of the practitioner

April 2017 changes to the UK’s taxation of long-term resident, non-domiciled individuals

Update on discussions relating to the treatment of trusts Following the consultation paper issued on 19 August 2016, members of STEP’s UK Technical Committee have been closely involved in discussions with HM Treasury and HM Revenue & Customs in relation to the latest proposals. The most difficult area is the treatment of offshore trusts set… Read More April 2017 changes to the UK’s taxation of long-term resident, non-domiciled individuals

STEP in Brussels to discuss money laundering and terrorist financing risks

STEP was invited by the European Commission to attend a second private sector consultative meeting on Wednesday 5 October to discuss the supranational risk assessment of money laundering and terrorist financing risk in the EU. We represented the trust sector and legal professionals in the first consultative meeting with the Commission in March 2016. The… Read More STEP in Brussels to discuss money laundering and terrorist financing risks

Invitation to members – LPA discretionary investment clauses

The England & Wales Office of the Public Guardian (OPG) published an update in September 2015 providing guidance on financial lasting powers of attorney (LPAs) and how attorneys can delegate investment management decisions to a discretionary investment manager. Under this guidance an attorney can appoint a bank or an IFA to act on their behalf to… Read More Invitation to members – LPA discretionary investment clauses