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What’s New This Week in the Tax Advice World – w/c 2nd July 2018
Another scorcher, but no rest for our tax consultation teams. Here’s this week’s round up of tax news for the week commencing 2nd July 2018…
• Advising on the winding up an offshore trust and the implications of bringing funds to the UK
• Considering the potential UK tax liabilities of the beneficiaries of a US trust
• Advising an entrepreneur on disclosing historic tax liabilities to HMRC under the Contractual Disclosure Facility
• Considering the tax consequences of a transfer of land into a company ahead of a property development.
• Assessing the amount of residence nil rate band that can be transferred to a spouse for inheritance tax purposes.
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