Fladgate’s immigration partner Sarah Gogan included in Spears 500 2019

15 November 2018

Congratulations to immigration partner Sarah Gogan who has been listed in the newly released Spears 500 2019 as a Distinguished Individual. The guide is an annual publication that recognises the top private client advisers, wealth managers, lawyers and service providers for high net worth (HNW) individuals. The publication states: “With a background in human rights […]

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Appeal against UK’s first Unexplained Wealth Order rejected

8 October 2018

An attempt to appeal the UK’s first Unexplained Wealth Order (UWO) has recently failed in the High Court. In February 2018, the UK’s National Crime Agency sought an UWO against Mrs A (whose anonymity may only be temporary), seeking information about the purchase of a valuable London property. UWOs require an individual to provide a […]

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Gifting millions under Lasting Power of Attorney: the JMA case

4 October 2018

One of the less talked about implications of losing capacity in old age is that Inheritance Tax (IHT) planning often becomes impossible without court intervention.  Incapable wealthy family members cannot make gifts because they lack the capacity to authorise them.  Even if they have had the foresight to sign a Property & Financial Affairs Lasting […]

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No preference for European migrants post-Brexit?

20 September 2018

Immigration partner Kelly Whiter discusses the release of the Migration Advisory Committee’s long awaited final report on EEA Migration in the UK.

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IHT relief and holiday homes: has the tide turned?

6 September 2018

Confidence in claiming Inheritance Tax (IHT) Business Property Relief (BPR) in relation to holiday homes has been at a low ebb in recent years, following a string of cases that have ultimately gone against the taxpayer.  However, in the recent case of Graham v HMRC ([2018] UKFTT 0306 (TC)), the taxpayer was victorious.  Has this […]

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Domicile dramas

26 July 2018

Many advisers have to grapple with the sometimes difficult question of establishing their client’s domicile. A client’s domicile is fundamentally important in a diverse range of English legal and tax areas, such as whether: a client can bring divorce proceedings in the UK; a client is liable to UK Inheritance Tax on worldwide assets as […]

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Guest blog: Does my new charity need to be registered?

25 May 2018

Whatever your reasons are for setting up a charity (perhaps it is for tax reasons or to benefit from business rates relief), here are a few points from Emma Hurrell to consider when doing so. Trustees Trustees are those who have general control and management of the administration of the charity. The Charity Commission suggests […]

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Trustees beware – beneficiaries can ask for more trust information than you think!

3 May 2018

Lewis v Tamplin ([2018] EWHC 777 (Ch)) is a useful reminder to trustees and their advisers of the difficulty of resisting requests for disclosure of trust documents from trust beneficiaries, where the purpose of the request is to obtain information about the trust, its assets and the trustees’ stewardship of them, to enable the beneficiaries […]

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Event: Investing in the UK – Immigration and Tax considerations for HNWIs

27 March 2018

Date: Tuesday 24 April 2018 08.00 – 10.00 Following the initial shock of the outcome of the EU referendum in June 2016, confidence about the UK’s future is slowly returning. As this continues, HNWIs from outside the EU are again looking to the UK as a destination of choice for investment and ultimately settlement for […]

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Trusts v FICs: which is best?

15 March 2018

Is a company or a trust the best vehicle to hold family money? Companies can be used to hold family wealth. Often referred to as Family Investment Companies (FICs), at their simplest they can be seeded with funds by subscribing for shares or, if continued access to family wealth is needed, by way of loan […]

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