Scottish Residency | The potential issues for taxpayers

In our latest Private Wealth Podcast, Leonora Stevens and Margi Campbell discuss some of the complications of being a Scottish-resident taxpayer, and how the pandemic may have impacted residency status

Tax returns | Our top tips when submitting a tax return

In our latest Private Wealth Podcast, Leonora Stevens and Mike Hodges discuss their top tips for individuals submitting their tax returns.

Government accepts some OTS suggestions but rejects others

In its much-anticipated response to the Office of Tax Simplification’s (OTS’) reviews of capital gains tax (CGT) and inheritance tax (IHT), the government, has accepted five recommendations for reform of CGT, but has decided not to proceed with any changes to IHT for now. Martyn Dobinson, a partner at Saffery Champness and a member of […]

The challenges and areas to navigate for businesses in 2022: part 1

The corporate business environment is one of significant change in recent times, with added regulation and more scrutiny being placed on areas such as environmental impact. This article highlights the areas for particular consideration by directors and business owners in 2022 to avoid being caught out by any sudden surprises. Plastic packaging tax This is […]

The challenges and areas to navigate for businesses in 2022: part 2

This article is the second part of our extended piece considering the challenges facing directors and business owners in 2022 (you can read part 1 here). We highlight more of the pitfalls that could catch out those who aren’t aware of the new obligations or tax changes coming down the track. Extended carry back of […]

Inheritance tax | The OECD’s recent report and findings

With much speculation and discussion surrounding inheritance tax (IHT), the OECD have recently published a report on IHT within OECD countries. In our latest podcast episode, we discuss the findings and recommendations from this report, delving into the finer details and what they could mean for the future.

Saffery Champness advises University of the Highlands on its acquisition of MPI Dornoch Limited & MPI Elgin Limited

Saffery Champness provided financial and tax due diligence services to the University of the Highlands and Islands in relation to the acquisition of both MPI Dornoch Limited (MPID) and MPI Elgin Limited (MPIE), which are university halls of residence property holding companies. MPID owns the freehold to a 40 bedroom student residence located in Dornoch, […]

HMRC’s review of Family Investment Companies

At its simplest, a Family Investment Company (FIC) is a structure that can be used to transfer value to the younger generation while allowing the older generation to maintain control over the assets and without creating an immediate inheritance tax (IHT) charge. The use of a FIC is increasingly seen as a popular alternative to […]

Family Investment Companies | What are they?

In the first episode of our Private Wealth podcast series, Leonora Stevens and Mike Hodges, head of our Private Wealth Group, discuss Family Investment companies. How do they work and why do Saffery Champness’ clients use them?

Trustees and managing the current environment – charities webinar

Trustees are ultimately responsible for ensuring a charity is doing what it is set up to do. The Covid-19 pandemic has refocused the regulators on this area and trustees need to be able to demonstrate they are fulfilling their responsibilities. On 2 December we hosted a webinar that explored the key questions for trustees to […]