Mark Davies joins the FT to examine the Autumn Budget 2017

Mark Davies joined the panel of experts at the Financial Times to express his views on the Chancellor’s Autumn Budget. From April 2019, subject to consultation, corporation tax or capital gains tax will be charged on gains made by non-residents on the disposal of UK land and property. “Currently capital gains tax only applies to…

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Autumn Budget 2017 – What does the Budget mean for nondoms and their advisers?

Autumn Budget 2017  Today’s Budget put enormous pressure on the Chancellor to pull something out of the hat, or, at the very least, not to foul up. It was a great day for Maths teachers because over £40 million was committed to their teacher training. The Chancellor was in good spirits and joked “More Maths…

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Mark Davies comments in The Times “The tax havens on our doorstep”

In 1789, Benjamin Franklin was quoted, “in this world nothing can be said to be certain, except death and taxes.” However, many companies and individuals managed to elude paying taxes before their secrets were leaked in the Paradise Papers. Like many offshore firms, Appleby had offices in the Channel Islands and the Isle of Man, which…

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Private jets and their VAT: caught in the crosswind?

The Paradise Papers have highlighted that private jet owners have been bypassing VAT on purchasing their aircraft. Importing aircraft through the EU and shell companies in the British Virgin Islands, the Isle of Man and Guernsey has enabled owners to avoid paying millions of pounds worth of tax. However, aviation and tax experts maintain there…

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Mark Davies’ observations on the Paradise Papers

Panorama’s exposé of the Paradise Papers has uncovered the the tax affairs of many influential and wealthy individuals. However, tax experts are quick to clarify that not all the deals are illegal. Mark Davies highlights that there are some cases of “tax evasion” and other cases involving “tax avoidance”. Tax evasion is “dodging tax that…

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Spear’s Wealth Insight Forum 2017 is here!

Finally, the day has arrived! In just a couple of hours, the City’s heavyweights will be assembling to discuss the hottest topics at the Spear’s Wealth Insight Forum 2017. They will cover every aspect from geopolitics to property, from private client wealth to luxury, from tax and trust to second citizenship. The debate will conclude with…

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