Tax & Regulation | 31 Jan 13

Overseas trusts with beneficiaries based in the UK will be forced to pay tax in assets which had previously fallen outside the British tax net after HM Revenue & Customs amended a long-standing piece of legislation.

Tax & Technical | 31 Jan 13

Discretionary trusts are an increasingly popular solution for inheritance tax planning, and an understanding of the tax regime for these trusts is crucial. One factor to consider is the exit charge that accrues when capital leaves the trust.

United Kingdom | 30 Jan 13

A social networking group set up five years ago on LinkedIn to enable expat Brits around the world to share their experiences and make contacts has been so overwhelmed by offshore financial advisers that its moderators have been forced to create a financial services “sub-group”.

United Kingdom | 30 Jan 13

Two-thirds of British expats who return to live and work in the UK earn less than they did overseas, but the vast majority say they managed to acquire more personal wealth while they were abroad than their counterparts back home did, research conducted by deVere UK advisers has revealed.

Middle East | 30 Jan 13

Gulfmena Investments has announced the resignation of its chief executive and founder Haissam Arabi as it pursues a new strategy, according to a local media report.