News & Blogs
Gift in a Will and its Lapse
What Happens if a Beneficiary Dies Before the Testator/Testatrix? If a beneficiary dies between the point when the Will was made and the death of the testator/testatrix, the beneficiary's estate will usually have no benefit from the Will. If the beneficiary has...
The Tax Implications of the Trusts
What is a Trust? A Trust is a legal arrangement between a ‘Settlor’ and ‘Trustees’. Trustees hold certain assets which previously belonged to the Settlor and use those assets to benefit one or more of the ‘Beneficiaries’. The details of the arrangement are contained...
Introduction to Personal Injury Trust
What is a personal injury compensation trust? A personal injury trust allows the compensation that you receive because of an accident or injury to be disregarded when you are assessed for means tested benefits. It may also protect your compensation from being used to...
HMRC to Impose Controls on Tax Repayment Agents
HMRC has published its finalised policy on enforcing higher standards on tax advisors, including reforms to the currently unregulated repayment agent sector. The changes follow a consultation in June 2022, which drew attention to abuses by some repayment agents. The...
UK Government Announces Measures to Speed Up Immigration Decisions
As many UK visa applicants and those with appeals pending before the Immigration Tribunal continue to face delays in the immigration system, the UK Government has announced two measures that it hopes will speed up some immigration decision-making. Priority Service...
How to Apply for a UK Creative Worker Visa
If you want to work within the UK’s bustling arts and culture industry, you may be interested in the Creative Worker Visa. In this article I will discuss the basics of this immigration route as well as briefly cover some alternatives. What Is the Creative Worker Visa...
Hong Kong Bill Introduces Tax Concessions for Family Offices
The Inland Revenue (Amendment) (Tax concessions for family-owned investment holding vehicles) Bill 2022 will exempt family-owned investment holding vehicles (FIHVs) and their portfolios of special purpose entities from tax on transactions carried out by a Hong...
UK Government Postpones Again for Making Tax Digital for Income Tax
The UK government has further delayed the introduction of Making Tax Digital (MTD) for income tax self-assessment, the fifth such postponement since HMRC announced that the system would start operation in April 2018. MTD will require self-employed persons and...
Sponsor Licence Applications for Start-ups: Frequently Asked Questions
This article will provide guidance for Start-up businesses that wish to apply for a Skilled Worker Sponsor Licence from the Home Office. Full details of the eligibility and suitability criteria for a Skilled Worker Sponsor Licence are discussed in our previous...
Sponsor Licence Holders – Latest Changes to Sponsor Duties
Sponsor licence holders have a number of duties and responsibilities that they must comply with to maintain their licence. It is very important that sponsor licence holders understand the duties that come with holding a licence, and have adequate systems in place to...