The ‘countdown’ to non-dom tax reform is on
Representing the biggest reforms to taxation in a decade, and first announced in the Summer Budget of 2015, reforms to the taxation of non-domiciliaries (“non-doms”) are due to come into force on 6 April 2017.`
International Tax Co-operation Remains a Priority for the Channel Islands
This year has seen the governments of both Jersey and Guernsey continue their efforts at increasing the number of Tax Information Exchange Agreements (TIEAs) and Double-Tax Agreements (DTAs) that they have with other jurisdictions.
Top Marks for Amy
At the Jersey Society of Chartered and Certified Accountants annual dinner held on Friday 14 October, Amy Brown was presented with a trophy by ACCA for achieving the highest academic marks in the final papers of the ACCA qualification.
Jersey Post Brexit, Status Quo is the Order of the Day
Regardless of which side you favoured in the run up to the UK’s vote to leave the European Union, you were likely to have been taken by surprise at the result. Even the most hardened Leave campaigners barely dared to think they would win but with the result in, it’s clear that the UK has chosen to enter unchartered waters. The question for Jersey, Guernsey and the Isle of Man is will the UK drag them with it?
Jersey’s Constructive Approach To Transparency
The use of so-called offshore financial centres rarely makes for positive stories in the media. In Britain, almost every newspaper, with the exception of the Financial Times, chooses to paint a picture of such jurisdictions being used to hide money or to avoid tax liabilities.
The History of Alex Picot – Where are They Now?
The German Occupation of the Channel Islands caused huge disruption to lives of people and businesses in Jersey. After five long years of living under invading rule, some companies had experienced too much trauma to bounce back. Alex Picot and his loyal typist Lillian du Feu were the only staff remaining at the firm when troops invaded. They worked tirelessly under precarious circumstances to help their practice continue. When the island was liberated, Alex’s sons Donald and Leslie returned home and were there to take over the firm when Alex died in 1948, and continued his legacy by growing the business.
Time to Swap the South Bank for St Helier? New Inheritance Tax Liability Comes into Force April 2017
If you have a UK residential property held in an offshore company, this property will soon come within the scope of UK inheritance tax under the new UK Government legislation that comes into force in April 2017.
Choosing Between an Offshore Trust or a Foundation
Offshore trusts and foundations have a variety of purposes and offer a range of different solutions for the safe management of assets. As an individual, a trust or foundation could offer you a way to ring-fence valuables or cash, as well as helping to ensure that your assets will be transferred according to your wishes
The History of Alex Picot – The Occupation Years
By 1940, the Alex Picot firm had built a strong local reputation and close-knit group of reliable staff, and was moving from strength to strength. However, the June occupation of the Island by German forces threw Jersey and its way of life off-balance, and prompted the majority of the Picot staff to seek safety with their families abroad.
The History of Alex Picot – The Early Years
Here at Alex Picot Trust, we take pride in our longstanding residence in Jersey and service to its community. Our practice has been a landmark of the island for over one hundred years, and we’ve spent the decades committed to the generations who have come to us, time and again, for help with their accounts and trust work.
