Using trusts as part of the ownership strategy for family businesses can enable succession planning while providing flexibility, asset protection and an ability to keep the voting block held together by trustees. In the Tax Journal, Partner, Hayden Bailey clarifies when and how trusts are likely to be appropriate for family businesses.

Plans were announced at the Spring 2024 Budget on 6 March 2024 to abolish the current ‘non-dom’ tax regime and move to a residence-based system from 6 April 2025.  These changes are very wide reaching and will present opportunities for some and create challenges for others.

In WealthBriefing, Immigration Partner, Zoe Jacob examines the UK government’s plan to phase out the long-standing resident non-domicile system and the knock-on effects the changes will have on the UK’s immigration landscape.