Mauritius is an island in the Indian Ocean which has become a popular location when dealing with offshore companies and structuring. Mauritius has several policies concerning tax that make it a focus when considering structures [...]
The Limited Partnership Fund Bill which was announced in March has been officially passed on the 9 July 2020 and will come into force on the 31 August 2020. The Limited Partnership Fund (LPF) regime [...]
Bermuda has announced amendments to it Trusts (Special Provisions) Act 1989 in an effort to strengthen its protective provisions and enhance its competitiveness with other jurisdictions. The amendments ensure that no foreign law applies to [...]
The Government in the United Kingdom is still undergoing many changes due to its exit from the European Union in anticipation in case sufficient bilateral agreements are not reached. One area of concern is that [...]
We have reported repeatedly on the unpopular IR35 off-payroll rules that were introduced in the United Kingdom. However, as a result of the Covid-19 pandemic there may finally be a positive side to this. Employers [...]
In response to the international crisis that the world is experiencing Ireland issued their COVID-19 (No. 2) 2020 Bill on the 24 June 2020 in an effort to stimulate areas in the workforce. As a [...]
We reported recently on working remotely from the Bahamas for one year. Bermuda has now followed suit. They are also offering a temporary one year residency certificate and it has also increased its maximum stay from [...]
We reported earlier in the month regarding the temporary increase in the SDLT nil-rate bank for England and Northern Ireland in response to the Covid-19 crisis and also the LBTT holiday announced in Scotland. Wales [...]
Previously in England and Northern Ireland the nil-rate band for stamp duty land tax (SDLT) was £125,000. The government announced on the 8th July 2020 that it has now increased this to £500,000. This temporary [...]
We often state that one of the most advantageous aspects of freelancing or self-employed contracting is that you can literally work anywhere in the world. But in reality this is often limited depending on job [...]
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The Chesterfield Group is a leading provider of Offshore Company Formation Services including Offshore Banking, Offshore Company Formation, Offshore Trusts, and Accounting.
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