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 [...]

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 [...]

Jersey is set to introduce a statutory migration process whereby provided that foreign limited partnerships are solvent and migration is not prohibited in their jurisdiction they can now relocate with ease. The Limited Partnerships (Continuance) [...]

In a public briefing on the 28th March 2020 the UK government announced that due to the Covid-19 pandemic they plan to introduce The Corporate Insolvency and Governance Bill.  This were originally consulted in 2018, [...]

After the financial crisis Five years ago that rocked the nation and with the recent covid-19 pandemic, Cyprus continues to proves that it remains one of the most attractive business jurisdiction for International Companies. In [...]

On the 18 May 2020 Denmark announced its new dividend withholding tax regime. Under this new system relief at source will be granted to non-resident shareholders. It should be noted that shareholders need to have [...]

We reported recently on the House of Lord criticism of the IR35 rules. However it looks like as of 6th April 2021 the UK government will move ahead with introducing these. Amendments have also now [...]

Due to a stagnant housing market caused by the covid-19 virus Scotland has announced that homeowners now have three years to sell their original home as opposed to eighteen months where they still have the [...]