The latest edition of our Charity and Not for Profit eNews is now available to download.

The Trust Registration Service (TRS) is a register of the beneficial ownership under trust arrangements. The requirement to register trusts started in 2017 and its scope widened on 6 October 2020. These latest changes are likely to bring many more non-UK trusts within the scope of TRS. This guide details the requirements for non-UK trusts only.

In the last week, HM Treasury has issued three Major Sporting Events (Income Tax Exemption) Regulations for this summer. We outline a brief overview below.

The latest edition of our Corporate and Private Client eNews is now available to download.

Following our Tax Disputes and Resolutions team’s recent article in Taxation ‘HMRC’s power to publish information about avoidance schemes’ Finance Act 2022, s 86 (read the full article here), HMRC has published guidance on penalties for facilitating avoidance schemes involving non-resident promoters, Finance Act 2022, s 91 schedule 13.  The legislation introduces a new penalty […]

The Trust Registration Service (TRS) is a register of the beneficial ownership under trust arrangements. The requirement to register trusts started in 2017 and its scope widened considerably on 6 October 2020. These latest changes are likely to bring many more non-UK trusts within the scope of TRS.

The Trust Registration Service (TRS) is a register of beneficial ownership under trust arrangements. The requirement to register trusts started in 2017 and its scope widened considerably on 6 October 2020. These latest changes are likely to bring many more UK trust arrangements within the scope of TRS.

The revenue from National Insurance Contributions (NICs) has hit £157bn, the highest amount on record.