Articles
Professional Indemnity Insurance
Clients who focus exclusively on price when buying Professional Indemnity Insurance will likely find this to have been a false economy should they ever need to file a claim. The events and circumstances covered differ substantially between policies and underwriters...
Corporate Savings Schemes – Past and Future
Employee Benefit Trusts (and their offshoots) were designed to provide tax advantages while giving employers additional levers to ensure the loyalty of staff. The tax advantages were pushed to extremes and ultimately undermined the willingness of authorities to...
Brexit – The Offshore Impact
Even though UK-related offshore jurisdictions are outside of the EU Brexit will still have a big impact. The UK will not be in a position to argue their side of any policy decision and cannot shield them from blacklists. However, the potential for aggressive...
Offshore Leaks
Regardless of why leaks are conducted (there are many theories) it is safe to assume that they will continue long into the future. This makes the issue of protecting data more important, especially for offshore service providers, but also for the end client. Every...
EBT Interpretations and Implications
Legacy issues relating from historic, aggressive tax avoidance continue to work their way through the courts. Employee Benefit Trusts were popular processes for some income to be separated off, with a view to reducing tax bills. While legal at the time a...
The Rise of Offshore Compliance
Time, effort and monetary costs of compliance have increased substantially for all clients in recent years. A climate of risk-aversion and 'box ticking' has evolved to an illogical extent. There are some relatively simple actions that can be undertaken to cut-through...