Probate – A Statistical Analysis
Each year the Probate Service compiles a statistical summary of its main activity, the issuing of grants of representation in England and Wales. Figures for 2009 have recently been released and [...]
When do Offshore Trustees pay UK Capital Gains Tax?
Offshore trustees usually take the view that they are outside the scope of UK capital gains tax (‘CGT’). Whilst this is correct, this does not mean that non-resident trustees can ignore CGT [...]
Late payment surcharge – M E England Discretionary Will Trust [2010] UK FTT 188
Should a lay trustee whose co-trustee was the Executor and Trust Company of a solicitor’s firm be entitled to argue that he had a reasonable excuse for the late payment of capital gains tax (CGT) [...]
Transferring Foreign Shares – The end of an era
On the 2 February all Cadbury shareholders were given an option to vote and agree with the proposed acquisition but I doubt whether shareholders, possibly like your client, were informed of the [...]
Pension Death Benefit Trusts & the Perpetuities & Accumulations Act 2009
The interesting article by John Woolley in Money Marketing entitled Double by-pass confuses points on perpetuity dated 19 April 2010 and the ensuing debate on the Trust Discussion Forum on this [...]
Word Power
In Word do you type the same thing time and time again? Time to learn a new trick and save time. Auto Text in Word is a shortcut way of getting frequently typed text into documents without having [...]
Open Government?
Now that we have the budget out of the way perhaps we can take a moment to reflect on one particular aspect of it. I found it very disappointing the manner in which the capital gains tax issue [...]
