Stamp duty payable on immovable property on death can be significant and requires careful consideration when estate planning.

On 4 September 2013, Malta and Ukraine signed a tax treaty - the first agreement of this kind between the two countries.

International Savings Plans (ISPs) are income tax exempt, flexible, savings plans aimed at benefitting employees of multinational and international companies.

We shall issue a supplementary briefing covering the changes brought about by those new guidance notes shortly.

Collas Crill's Carl Ashcroft and Emma Parr consider the impact of Jersey's new Civil Partnerships law on island employers.

The size of Jersey’s financial services industry compared to other sectors of the economy is not exceptional, when comparisons are made elsewhere in the UK, according to the recent study into Jersey’s value to Britain.

HMRC publishes and updates regularly a list of schemes that have told HMRC they meet the conditions to be a QROPS and have asked to be included on the list.

As far as the parties were concerned, the main issue was to succeed in their application to rectify the trust, i.e. to correct and rewrite its drafting to bring it back into line with the original intention behind it.

Global transparency in financial services probably wasn't the first thing on people's minds as they woke up on the first day of 2017.

Not only is Jersey an overwhelming benefit to the UK through its placement of international capital but it is a net importer of significant volumes of physical goods from the UK giving rise to a trade surplus in the UK's favour.

The draft legislation is expected to be debated in early October, with a view to the new rules coming into effect on 1 January 2025.

Although yesterday's Autumn Statement did not include any further details about the proposed new tax charges on UK residential property worth more than £2 million, the UK Chancellor did confirm that the draft legislation will be published next Monday 11th December.

The States of Jersey (the ‘States’) have recently adopted the Income Tax (Amendment No. 39) (Jersey) Law 2011, and its related regulations with a view to changing the basis upon which a certain section of the community are taxed.

There is an increasing need for businesses to ensure that they can demonstrate proper substance in the jurisdictions in which they operate.

What is The Foreign Account Tax Compliance Act (FATCA)?

Jersey's positive role in helping to drive forward and shape the international transparency landscape has been praised by a senior OECD tax expert at this year's Jersey Finance Annual London Private Client Conference.

The Court of Appeal has dismissed the appeal and confirmed the requirement upon the appellant, Volaw Trust, to disclose the requested information to a foreign tax authority pursuant to regulation 3 of the Taxation Regulations 2008.

Fortunately there is no inheritance tax in Jersey, so our heirs do not have to worry about the taxman taking a cut, but what happens to the assets of a Jersey company which has been dissolved?

With the Increased interest in UK property, these has to be an upsurge of enquiries relating to the establishment of JPUTs!

Over the course of the last few years, Ocorian's award-wining Family Office team has seen the demand from family offices for fund solutions grow significantly.