International and Cross-Border Estate Planning and Wills

Stone King to open Leeds office in spring 2016

Stone King LLP’s new office in Leeds offers great opportunities for talented solicitors to join its top ranked Education Sector practice.

Stone King will be further strengthening its legal services for schools through opening an office in Leeds in the spring of 2016. This will significantly develop the Firm’s presence in the North of England and is a core part of our aim to be the legal advisor of choice for educational institutions across the country.

Sing like the Canaries - new 99% reduction on succession and gift tax

In July this year, the new Prime Minister of the Canary Islands announced that a 99% reduction for succession and gift tax will be introduced for children and spouses. This extends to UK residents with assets in the Canary Islands.

The regional tax minister confirmed that this reduction will be included in the 2016 budget and expected to be approved in October 2015. Further tax reductions are also planned.

The Death Knell for Offshore Structures Holding UK Residential Property

Following the proposed changes in the Summer Budget now is the perfect time for non-domiciled clients to review their existing offshore structures and planned domicile status.

As the ‘dust’ settles it is obvious that the Summer Budget has brought with it a huge headache for non-domiciled clients.

By April 2017, as well as being subject to local taxes, non-doms will be liable for UK inheritance tax  if they own ‘enveloped’ UK residential property through an offshore corporate structure.

Pages

The Legal 500 - The Clients Guide to Law Firms

UK Chambers logo

Best Companies - One to watch logo