Mark Davies is listed in Spears’ 2020 Top Ten Private Client Accountants

We are proud to announce that Mark Davies has been included in the top ten private client accountants in the 2020 #SpearsIndex. This is the Spears’ ranking of top tax and trust advisers who advise global HNWs.  https://www.spearswms.com/the-spears-tax-trust-advisers-index/ It is a timely and essential index of the wealth industry’s best service providers. With the office…

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Mark Davies & Associates welcomes new Tax Partner – Roger Holman

Mark Davies & Associates, the award winning firm of international private client advisers, announces the appointment of a new tax partner, Roger Holman. Roger joins from DWF, the world’s largest listed legal business. Mark Davies commented “Roger is an excellent addition to our firm. Meeting your new colleagues for the first time on Zoom sounds frankly…

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Super Rich Stranded by Lockdown – today in Bloomberg

Super Rich Stranded by Lockdown Today in Bloomberg , Mark Davies describes the recent havoc wreaked on his clients’ tax plans:- “The pandemic means we’ve now got people stuck in the U.K. who didn’t intend to be here, and people who did want to be here that couldn’t,” he said. “It’s gone both ways.” With…

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Will HMRC recognise these exceptional days ?

We are living through exceptional days. Understandably, the spread of COVID-19 and the measures that have been implemented to delay its transmission mean that tax may not be at the forefront of people’s thinking. However, there may be significant tax consequences for those individuals forced to remain in the UK due to measures outside of…

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Budget 2020 – This should get it done!

Less than a month ago Mr Sunak was the Chief Secretary to the Treasury, but following Sajid Javid’s surprise resignation on 13th February, Mr Sunak was appointed Chancellor of the Exchequer on the same day. I’m sure Mr Sunak had not expected the sudden promotion, and I am pretty sure he had not anticipated the…

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Mark Davies in the Telegraph on Offshore Income and Gains letters

In Monday’s Telegraph Laura Miller explores the repercussions of returning a signed offshore income and gains letter to HMRC. https://www.telegraph.co.uk/tax/return/dont-sign-dotted-line-warning-hmrc-letters-could-trigger-tax/ In this article Mark Davies explains that signing the disclosure might prevent a taxpayer from being able to claim an unprompted disclosure of a mistake, which would lead to higher penalties. He also warns that…

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