Private Clients

Recent Articles

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  20/05/2025

  UK, France, Monaco

  UK tax changes: What they mean for international private clients

  On 6 April 2025, the UK tax landscape for non-UK domiciliaries and new UK residents was radically altered, with the introduction of a new framework for taxing UK residents’ non-UK income and gains.For some, the new rules make the UK more attractive than ever. For others, the changes could present a compelling reason to leave the UK, with jurisdictions such as France and Monaco presenting interesting options for those finding themselves in that position.We set out below:a summary of the new UK regime for “new arrivals”, for those who may be seeking to relocate from their current...

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  15/04/2025

  South Africa

  Private Equity and Market Volatility

  Keeping calm in the face of disruptionAfter weeks of historic levels of value erosion in global capital markets, many an asset manager is considering the changing investment landscape and trying to mitigate emerging risks whilst finding new opportunities. Economic experts anticipate more volatile capital market shocks for the rest of the year. Private equity, as one of the main alternative investment classes, finds itself in an interesting position in the face of such market volatility.As an alternative asset class, private equity funds commit to a higher return profile than the open markets in...

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  26/03/2025

  United Kingdom

  Spring Statement 2025 – key tax announcements

  The Chancellor delivered the Spring Statement today, as planned. The Spring Statement speech was relatively short compared to those delivered at prior fiscal events, finishing in just over half an hour. In line with recent press speculation and statements from members of government, today’s Spring Statement was not a budget nor an “emergency budget”, with its primary focus remaining on spending.However, whilst it was confirmed early on in the speech that no tax increasing measures would be announced, a number of tax-related documents have subsequently been released. Primarily,...

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  17/03/2025

  South Africa

  Dealmaking in an everchanging world

  Since the breakout of the COVID-19 pandemic, the geopolitical landscape on the African continent and the rest of the world has been characterised by various disruptions. Whether it is violent conflict, unconstitutional political transitions, electoral disputes, economic sanctions or national lockdowns, many M&A deals have been stopped in their tracks because of these constant changes. As various global superpowers search for new opportunities and trade relationships, it has become ever more important for advisors to be mindful of these challenges and the impact they may have on transactions.Changes...

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  20/01/2025

  South Africa

  Compliance Alert: Beneficial Ownership Filings and Securities Registers

  On 10 January 2025, the Companies and Intellectual Property Commission (“CIPC”) issued a notice along with a list of non-compliant entities urging them to submit their beneficial ownership declarations and securities registers by 21 January 2025, failure of which will result in the non-compliant entity being prohibited from transacting with the CIPC. Non-compliant entities will receive compliance notices from the CIPC and may be subjected to administrative fines or ultimately the deregistration of the company.The filing of beneficial ownership declarations and securities registers has...

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  12/12/2024

  United Kingdom

  UK Tax Disputes Digest (Winter 2024)

  Welcome to the Winter 2024 edition of our UK Tax Disputes Digest: a high-level summary of key developments in contentious tax over the last few months for heads of tax, finance directors, general counsel and other in-house professionals.As with previous editions, we have seen a continued increase in HMRC activity across various areas. Both individual and corporate taxpayers would be well-advised to check their tax position as soon as possible to prepare for any potential HMRC investigation into their tax affairs.In this edition, we look at just a few of these developments, including in relation...

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