The Solicitors Regulation Authority is expecting 20 organisations to apply for alternative business structure status when the regulator begins licensing ABSs on 3 January 2012, Solicitors Journal has learned. The first licences are due to be awarded six weeks later, in the second half of February.
With MDPs failing to gain traction, the relaxation of the profession's border controls may best lend itself to joint ventures between solicitors and accountants, says Stuart Bushell
Jennie Kreser shares her thoughts on the possible vehicles that employers can use to ensure that they comply with the new rules on workplace pension provision
The courts have taken a pragmatic approach in abuse of process claims, but it will be to a party's detriment if they don't put all their cards on the table, says Nathalie Burn
My client is a non-UK domicile and has been a resident and ordinarily resident in the UK for five years, while completing and submitting his tax returns claiming the remittance basis of taxation. His family have a significant international business empire, of which he is a shareholder. These holdings were settled into an offshore trust before coming to the UK. Also, a substantial capital appointment was made from the foundation settled by his grandfather, the monies being placed in a bank account with HSBC, Switzerland. The interest on the capital was accumulated in a separate bank account and capitalised each April up until 2008; since then the interest has been accruing in a segregated account.