The UN organises International Volunteer Day on 5 December every year to recognise and promote the tireless work of volunteers across the globe. The theme this year is ‘Volunteer now for our common future’. I am delighted that we are taking this opportunity to recognise the work of our volunteers here at STEP. Quite simply, STEP… Read More Thank you to all our volunteers on International Volunteer Day
The UK government announced five key technical and administrative changes to capital gains tax (CGT) on 30 November, also known as Tax Administration and Maintenance Day. The changes offer taxpayers some practical simplifications for taxpayers. STEP is pleased to note that the government has addressed some of our recommendations but is disappointed that the existing… Read More Capital gains tax: changes are welcome but a full system overhaul is needed
The Financial Action Task Force (FATF) is conducting a review of Recommendation 25, which covers the transparency and beneficial ownership of legal arrangements. The FATF’s objective is to improve Recommendation 25 and its Interpretive Note to meet its overall objective of preventing the misuse of legal arrangements for money laundering or terrorist financing. The FATF… Read More FATF invites STEP to discuss potential revision of Recommendation 25
12 November 2021 What can professionals learn from the mindset of elite athletes? That was the theme of the recent webinar for STEP’s Employer Partnership Programme (EPP) members. We heard from former Olympian, Sandrine Mainville, of Canadian law firm Borden Ladner Gervais (BLG) and Sindy Peixoto, National Director, Talent Development for BLG about what it… Read More Creating ‘Corporate Athletes’ with STEP’s Employer Partnership Programme
We are delighted to publish the result of this year’s STEP Council elections. All candidates are thanked for standing in these elections, whether elected this time, or not elected, we appreciate the members who put themselves forward as nominees. We also thank those electoral college members who voted in the STEP Hong Kong and STEP… Read More STEP Council Election Results 2021
The Ministry of Justice (MoJ) and the Office of the Public Guardian (OPG) jointly initiated a project to modernise the process of making and registering lasting powers of attorney (LPAs) in England and Wales in November 2020. STEP was invited to sit on the Modernising Lasting Powers of Attorney (MLPA) stakeholder working group and has… Read More Modernising Lasting Powers of Attorney
Money Laundering and the efforts of governments to combat it and increase transparency and reporting of ownership globally continue to be a hot topic. One body that has been looking at this area is the European Union, which is in the process of launching its new Anti-Money Laundering (AML) Package 2021. This package was explored… Read More EU announces Anti-Money Laundering (AML) Package 2021
It is National Inclusion Week in the UK (27 September to 3 October). Inclusion Week celebrates everyday inclusion in all its forms. This is the ninth year that organisations from across the globe have come together to celebrate, share and inspire inclusion practices. Every year National Inclusion Week has a theme and in 2021 it… Read More Why inclusive elections lead to better outcomes
The Health and Social Care Levy Bill 2021-22 was introduced on 8 September 2021. [1] It will increase income tax and national insurance contributions (NIC) to raise an additional GBP11.4 billion to reform the funding of long-term health and social care over the next three years. The additional funding, which is being introduced as a… Read More How will the new social care system in England work?
STEP informed members in November 2020[1] that the Ministry of Justice (MoJ) and the Office of the Public Guardian (OPG) had jointly initiated a project to modernise the process of making and registering lasting powers of attorney (LPAs) in England and Wales. The collaboration involved a series of stakeholder working groups to obtain research that… Read More Modernising LPAs: consultation published
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