Wills And Trusts
Unsent text is last will says Australian court
An unsent text message has been accepted as an official will by an Australian court.
Best Practice | 10 Oct 17
Not all trusts need to register clarifies HMRC
HMRC has issued new guidance for users of its online trust registration service and confirmed the circumstances in which offshore trusts do not need to register.
Offshore trusts hit by fresh anti-avoidance measures
Anti-avoidance measures targeting the tax treatment of payments and benefits from offshore trusts will make the use of such vehicles less appealing, says FPI’s Brendan Harper.
Tax & Regulation | 31 Aug 17
Australia ramps up strategy to hit aggressive int’l tax plans
Australia’s tax avoidance taskforce has set out a new strategy to target aggressive international trust planning, having already raised over A$279m (£182m, €197m) over the last four years through its fight against “tax avoidance or evasion by privately owned and wealthy groups”.
Best Practice | 27 Jun 17
HMRC targets trusts used for tax planning with new register
HM Revenue & Customs has kickstarted a new beneficial ownership register targeting those who set up trusts to “generate tax consequences” in guidelines published on Tuesday.