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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Priya Dutta chosen as one of Spear’s Rising Star Tax Accountants

Spear’s Magazine have chosen Priya Dutta as a Rising Star in their Tax Accountants category. Priya is a senior tax manager at Mark Davies & Associates, having joined the boutique advisory firm in February 2017. She provides comprehensive and in-depth advice on domicile, residency, overseas trusts and personal tax issues, ranging from investing in UK…

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Mark Davies named in Spear’s Top 50 Tax Advisers

Mark Davies has been named as one of Britain’s Top 50 Tax Advisers by Spear’s Magazine. In the Editor’s Pick, Mark considers tax as ‘a game with ever-changing rules.’ He feels that the recent bad press surrounding the Panama Paper’s leak is ‘misplaced,’ which has led to legitimate structures used for tax efficiency to be…

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Jon Elphick comments on Kellogg’s dispute with Thanasi Kokkinaikis over Special K trademark

On 8 June 2017, the American cereal manufacturer Kellogg Company (‘Kellogg’s’), which owns the ‘Special K’ trade mark in Australia, and professional tennis player Thanasi Kokkinakis, hit the headlines due to a local trademark dispute over commercial use of his nickname ‘Special K.’ In this article, Richard Millington, Partner and Sports Practice Lead at Shoosmiths…

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