Priya Dutta comments on Trust Ownership Register

Trust Ownership Register: The U.K. tax authority has missed the deadline to launch its online register for the beneficial ownership of trusts as the government grapples with the legislative fallout of this month’s snap general election. HMRC were expected to launch their online beneficial ownership register for trusts on 26 June which would give it…

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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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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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Playing the game: UK’s approach to taxing sports stars

Successful athletes need well-considered tax planning.  This is especially so for athletes who compete internationally, as doing so can add layers of complexity to their tax liabilities.  This article offers a high level examination of the UK’s approach to taxing sports stars. It looks at the position of both athletes who are “resident” in the…

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Panama papers provoke ‘Tidal Changes’ – Mark Davies tells Private Client Advisor online

A tide of financial transparency is sweeping across the world. Swimming against it is folly; it will have severe reputational and financial consequences The revelations from the recent Panama Papers leaks continue to make headlines around the world. The leaks have laid bare the private affairs of high-profile politicians, celebrities, and sports personalities from around…

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