International Volunteer’s Day, which is on 5 December, is fast approaching. Its theme of solidarity through volunteering chimes with the vital role that volunteers play within STEP. This day is the ideal occasion to thank our volunteers. We would be nothing without our members who volunteer their time and energy to make the organisation a… Read More Solidarity through volunteering: the power of positive change
There has been a great deal of speculation in relation to potential tax measures that could be announced at the Autumn Statement on 17 November. It has been reported that that the Treasury has been working on a range of options for cutting or abolishing some tax reliefs for the Chancellor, Jeremy Hunt, to consider.… Read More The UK Autumn Statement – will inheritance tax proposals re-surface?
The European Commission has recently adopted and published its latest Supranational Risk Assessment (SNRA) Report.… Read More European Commission launches its Supranational Risk Assessment Report for 2022
The UK government has rejected a call from a cross-party Commons Select Committee to reform law for cohabiting couples. The Women and Equalities Committee called for reform to family law in England and Wales to better protect cohabiting couples and their children from financial hardship due to separation. The Committee holds the government to account… Read More STEP disappointed by government inaction on reforming legal protections for cohabiting couples
Today is World Mental Health Day. This year’s theme is ‘making mental health and wellbeing for all a global priority’. This provides a welcome opportunity for STEP to reflect on how mental health impacts on the work of our 21,000 members in 96 countries.… Read More What is the advisor’s role in relation to mental health and capacity?
The 1 September deadline has passed for registerable trusts, simplifying the timescale to the same 90 days for all nontaxable trusts. It seems a good time to highlight other simplifications, affecting trusts of insurance policies, which may not be immediately apparent.… Read More How cross-sector collaboration clarified life and health trusts registration protections
To mark International Week of Happiness at Work, we asked Glenn Branney TEP from Julius Baer International Limited – a STEP Gold Employer Partner – to talk about how the business has been supporting the mental health and wellbeing of their people so they can be happy at work.… Read More Happiness at Work: One Business’ Story of Wellbeing at Work
The Law Commission of England and Wales published a consultation paper on 28 July seeking views from legal and technology experts in order to examine how existing personal property law should apply to digital assets. The UK government has asked the Law Commission to make recommendations for reform to ensure that the law is capable… Read More England and Wales Law Commission consults on reforming the law relating to digital assets
The US Supreme Court has announced that it will adjudicate a conflict between federal appellate courts about how to compute the non-willful penalty for a taxpayer failing to file form 114 from the Financial Crimes Enforcement Network (FinCEN) of the US Treasury. This form is known as the Report of Foreign Bank and Financial Accounts… Read More US Supreme Court to rule on conflict relating to how to prevent US persons with overseas accounts from circumventing US law
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