Month: June 2016

The government is back to designing and implementing tax policy ‘on the hoof’

Author: Bumblebee Design | Date: 30 Jun 2016

Andrew Goldstone, head of tax, Mishcon de Reya, says that recent changes affecting UK residential property and the surprise announcements in the Budget to reduce the CGT rate and introduce Investors’ Relief are examples of rushed tax policies.

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Trusts could be enormously helpful

Author: Bumblebee Design | Date: 30 Jun 2016

Sara Maccallum, senior partner at Boodle Hatfield, says that in the aftermath of the Brexit vote, trusts could be very helpful for UHNWIs who settle assets before becoming deemed domiciled, as they are at present for IHT purposes.

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Government may defer changes to the taxation of non-doms

Author: Bumblebee Design | Date: 30 Jun 2016

Chris Groves, partner in the wealth planning team at Withers, says that with the uncertainty following the referendum, the Government may change their plans to tax non-doms.

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New VAT rules: zero rates of tax on some items for consumers and business

Author: Bumblebee Design | Date: 30 Jun 2016

Kevin Nicholson, head of tax at PwC, also says that unless the Government moves quickly to agree free trade agreements, the effect of customs duties could add costs through the entire supply chain for goods.

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Boeing B777 client spent $200mn on VVIP refurb

Author: Bumblebee Design | Date: 22 Jun 2016

Fabrizio Poli and Geoff Andrews, both managing partners Tyrus Wings, also say they see more people flying privately because of fear of terrorism.

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Apps like Victor, Ubair and JetSmarter will grow in use

Author: Bumblebee Design | Date: 22 Jun 2016

Edward Leigh, senior manager, aviation, Equiom, says that companies offering fixed fee services bring more choice to clients and this sector is set to grow and expand in Europe. There are certain compromises such as the routes available, plus the flights may be shared with other members which mean t

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The future: VTOL, vertical take-off and landing aircraft

Author: Bumblebee Design | Date: 22 Jun 2016

Adam Twidell, CEO of PrivateFly, talks about the trends in the aircraft industry that will soon see VTOL aircrafts capable of taking off and landing with no runway needed, opening up new routes and reducing travel times.

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Half of world’s total business aircraft in USA

Author: Bumblebee Design | Date: 22 Jun 2016

Nick Walker, head of marine and aviation at JTC, says the USA remains dominant with approximately fifty percent of the world’s total business aircraft, with a large concentration in the mid to large jets.

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Personal chemistry is important in private equity deals

Author: Bumblebee Design | Date: 17 Jun 2016

Peter McLintock, partner at Mills & Reeve and Richard Thomas of Palatine Capital, say that building a relationship with management teams in advance of any potential deal also helps build trust between the target and investor.

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A private equity deal solves business succession issues

Author: Bumblebee Design | Date: 17 Jun 2016

Anthony Pitcher, director, LGL Trustees Limited, also says there is a real concern that we are seeing a bubble, and that asset prices may lower.

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Private equity use origination programs to find deals

Author: Bumblebee Design | Date: 17 Jun 2016

Justin Partington, global head of funds, Sanne, says there are many opportunities for private equity investors, such as private deals, succession planning, expansion capital, or mergers.

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Trust companies listed on the stock exchange do very well

Author: Bumblebee Design | Date: 17 Jun 2016

Bart Deconinck, group deputy chairman at Zedra, says that PE Firms can still on average generate a ROI of twenty-five percent in trust companies.

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Guernsey’s international structuring work still comes from London

Author: Bumblebee Design | Date: 17 Jun 2016

As the scrutiny placed on high net worth individuals and their cross-border tax arrangements reaches ever greater heights, Guernsey is an international financial centre that private clients want to be associated with.

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Marketing rights are being segmented as separate investments

Author: Bumblebee Design | Date: 09 Jun 2016

Ashley Hurst, partner at Osborne Clarke specialising in media and internet disputes, says sports stars have to rely on a complex combination of privacy, intellectual property, and data protection rights to protect their IP.

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Investors want to harness the power of sport to build up a business or brand

Author: Bumblebee Design | Date: 09 Jun 2016

Katherine Brace, director in Rothschild’s Wealth Management business and former HSBC Private Bank sports, entertainment specialist, says streaming platforms, on-line betting and gaming, and wearable technology, are key investment trends in sports.

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Open access to sporting stars medical data will bring change

Author: Bumblebee Design | Date: 09 Jun 2016

Julian Pike who heads Farrer & Co’s reputation management practice, also talks about the success of the “Brand Beckham” concept and how UK athletes can protect their image.

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Disgraced athletes must restore the faith of the fans

Author: Bumblebee Design | Date: 09 Jun 2016

Peter Hackleton, partner at Saffery Champness, says that investment in both the sport and supporting top stars will invariably fall if commercial partners believe damage could be caused to their reputation.

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Sometimes, in the sport world, reputational damage is irreparable

Author: Bumblebee Design | Date: 09 Jun 2016

Joshua Rubenstein, National Head of Trusts & Estates of Katten Muchin Rosenman, also talks about how US sport stars protect their image rights.

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