Blog
From garage to unicorn – Employment law lessons for scaling tech teams
Catherine Bourne
7 January 2016
£1m Nil Rate Band – fact or fiction?
In 2007, the Conservative Party made much of a party pledge in its manifesto to increase the Nil Rate Band for inheritance tax to £1m. In July 2015, having been elected to form a majority government they announced the introduction of a Residence Nil Rate Band (RNRB). Now that more of the detail has emerged in relation to this policy announcement, the reality does not match the expectations of many and some of the details are still unclear.
2 October 2015
Legal update: HMRC’s response to the UK tax treatment of US LLCs after the Supreme Court decision in Anson
In July 2015, the U.K. Supreme Court in Anson v Commissioners for HM Revenue & Customs [2015] UKSC 44 held that a UK resident’s share of the profits in a Delaware limited liability company (“LLC”) qualifies for a UK tax credit under the 2001 Income and Capital Gains Tax Convention between the UK and US (“the Convention”) because the profits that were to be taxed in the UK were the same as those taxed in the US.
28 September 2015
Everything you need to know about recent changes to the UK residential property tax regime
Over the past few years there have been significant changes to the taxation of UK residential property. To those not significantly in the know, navigating through the changes can be complex and difficult so we have provided an outline of the changes and the rules as at September 2015. In particular, we explain those changes that affect the non-UK domiciled purchaser of UK residential property.
19 March 2015
Budget 2015 at a glance
Chancellor George Osborne yesterday delivered his pre-election Budget Statement to Parliament. Below are some of the key announcements for individuals:
10 July 2014
Constructive trusts and the potential interplay of foreign and religious laws
Constructive trusts are a flexible remedy imposed by courts to correct perceived injustices in relation to the beneficial ownership of property. The recent case of Bal Mohinder Singh v Jasminder Singh & Herinder Singh ([2014] EWHC 1060 (Ch)), which involved a dispute over family property, is interesting as it looked at constructive trusts in the context of religion and foreign law.
