Monthly Archives: February 2021

Harry and Meghan ceasing to be UK resident

As a couple the Duke and Duchess of Sussex garner significant public attention. However, to the UK tax adviser, they provide a perfect backdrop against which to frame the UK residency and domicile rules, and they help elucidate an important …

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The CMA’s Digital Markets Strategy: refreshed

The Competition and Markets Authority (CMA) has now released a refreshed version of its Digital Markets Strategy (February 2021, refresh), first published in July 2019. The updated strategy is a result of significant developments in the political and regulatory landscape …

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Are banks under a duty to prevent Authorised Push Payment fraud?

FACTS In 2018, the claimant (Mrs Philipp) and her husband were tricked into sending £700,000 to bank accounts controlled by fraudsters in the United Arab Emirates. Through an elaborate scheme, the fraudsters convinced Philipps that they were agents of the …

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Introduction of VAT ‘reverse charge’ from 1 March 2021 for building and construction services

From 1 March 2021, the domestic VAT ‘reverse charge’ for supplies of building and construction services will come into operation. The new measures apply to VAT-registered businesses who are supplying/receiving standard or reduced-rated services reported under the Construction Industry Scheme …

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What advisers can do to help clients hit by the US/UK double tax treaty

Unlike most other jurisdictions worldwide, the US levies tax based on citizenship. This means that a US citizen living in the UK can be simultaneously exposed to UK tax as a UK resident and US tax as a US citizen. …

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Are Vaccination Policies at Work Discriminatory?

ACAS guidance ACAS (the body which deals with employee/employer disputes in the first instance) has taken the view that employers cannot require employees to take the vaccine and should listen to concerns if staff refuse to take it (read more …

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Are Harry and Meghan still exposed to UK tax?

News of a baby is always a joyous celebration for a couple and their family. For the estate planning lawyer, it represents a timely opportunity for the couple to reflect on their planning and whether it still achieves the desired …

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Shake up of CGT?

The Covid pandemic has dealt a serious blow to the state of the nation’s finances. Predicting what the pandemic holds in store has proven a real problem for commentators and the Government alike, but it seems certain that eventually the …

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Cyber criminals love lockdown

A timely reminder from the US Treasury Secretary of the heightened risks for businesses, public sector and individuals of the evolving threat from criminals using digital technologies.  Criminals are constantly seeking vulnerabilities in digital systems designed to keep transactions safe. At a time when many people have been working from home for an extended period of time and the pressures of the continuing lockdown may cause a relaxation of risk-prevention policies and procedures, Janet Yellen’s warning highlights the importance of remaining vigilant and cautious so that such attacks are either headed off or spotted and reported promptly so they can be resolved.  In addition to the risks she mentions, theft of large volumes of personal data from consumer-facing businesses can also pose existential threats to those businesses. Data and other regulators are empowered to impose huge fines, class actions by affected data subjects are becoming increasingly common, and serious reputational damage is almost inevitable, no matter how well-managed the PR response may be.Businesses should do all they can to encourage staff not to relax their guard. 

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‘Pandemic, Professions and Progression’: the impact of COVID upon working women 

Join our panel as they discuss ‘Pandemic, Professions and Progression: the impact of COVID upon working women’. Chaired by Collyer Bristow Partner Tania Goodman the panel for this webinar, recorded in February 2021, features Amy Hambleton (RedLaw Recruitment) Maria Hind …

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