Withers moves into Australian market with new alliance

Solicitors' Journal: The firm has identified Australia as a key market for high-net worth clients.  The international law firm, Withers, has established its first presence in the Australian legal market by forming an alliance with Sydney based tax firm,Balazs & Welch LLP.

Full story: http://www.solicitorsjournal.com/news/management/business-development/withers-moves-australian-market-new-alliance

Happy New Year's divorce

ICAEW: Be warned: next Monday, 5 January 2015, has been designated “Blue Monday” because researchers have worked out that it is the most miserable day of the year.  Factors including the first day back after the Christmas and New Year break, the weather, the debts run up at Christmas and all those New Year’s resolutions that have gone by the board already, all combine apparently to make it the most moan-filled day of the year.

Full story: http://economia.icaew.com/news/december-2014/happy-new-years-divorce

HMRC Welcomes Online Services Uptake

Tax-News: More than half a million businesses have signed up to HM Revenue and Customs's (HMRC's) Your Tax Account service, enabling them to manage their affairs in a single, secure online space.

Full story: http://www.tax-news.com/news/HMRC_Welcomes_Online_Services_Uptake____66828.html

Continued talk of a mansion tax hitting sales at top end of UK market

Property Wire: The possibility of a mansion tax being introduced in the UK has not disappeared despite many in the industry believing that recent changes to Stamp Duty would rule out the need for it.

Full story: http://www.propertywire.com/news/europe/uk-property-mansion-tax-201412309983.html?

PENNINGTONS MANCHES OPENS OVERSEAS OFFICE IN SAN FRANCISCO

Pennington Manches LLP: Penningtons Manches LLP is delighted to announce the opening of an overseas office in San Francisco’s Financial District. This builds upon the firm's considerable network of clients and contacts in San Francisco and Silicon Valley.

Full story: http://www.penningtons.co.uk/news-publications/latest-news/penningtons-manches-opens-overseas-office-in-san-francisco/

Sacha Romanovitch new Grant Thornton CEO

ICAEW: Romanovitch will replace Scott Barnes the departing CEO and become the first woman to lead a major firm in the UK. Barnes has been elected unanimously to take on the role of chairman of the Grant Thornton International Board once his tenure as the UK CEO comes to an end. 

Full story: http://economia.icaew.com/news/december-2014/sacha-romanovitch-new-grant-thornton-senior-partner

Switzerland brings charges against alleged HSBC 'data thief'

STEP: Switzerland's attorney-general has charged a former employee of HSBC Private Bank in Geneva with stealing client account data between 2006 and 2008 and trying to sell it, in breach of Swiss privacy laws. 

Full story: http://www.step.org/switzerland-brings-charges-against-alleged-hsbc-data-thief

England could set its own income tax rates, under Tory plans

Daily Telegraph: William Hague, the Leader of the House of Commons,: 'This is a fundamental issue of fairness for all the people of the United Kingdom.'

Full story: http://www.telegraph.co.uk/news/politics/11296992/England-could-set-its-own-income-tax-rates-under-Tory-plans.html

UK’s tax havens say they’re still dedicated to secrecy and abuse

Tax Research: So, all the UK’s tax havens or secrecy jurisdictions are standing together to say they will continue to sell the secrecy that permits tax evasion and crime. And they have confirmed that at the same time they are dedicated to making sure that they prevent free trade, open markets and fair competition because none of them are possible with the opacity that they make available. 

Full story: http://www.taxresearch.org.uk/Blog/2014/12/16/uks-tax-havens-say-theyre-still-dedicated-to-secrecy-and-abuse/?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+org%2FlWWh+%28Tax+Research+UK+2%29

Accountants expect biggest bonus in four years

ICAEW: UK accountants are anticipating their biggest bonus – as a percentage of basic salary – in four years, according to research by accountancy and finance recruiter Marks Sattin.

Full story: http://economia.icaew.com/news/december-2014/accountants-expect-biggest-bonus-in-four-years

Tax avoidance: Celebs and corporations are no longer safe from the taxman

Real Business: Prime minister David Cameron and the chancellor of the exchequer, George Osborne, have made it clear that they will be “cracking down on tax avoidance” and seeking those who have tried to evade tax in offshore tax havens. Celebrities are by no means exempt.

Full story: http://realbusiness.co.uk/article/28738-tax-avoidance-celebs-and-corporations-are-no-longer-safe-from-the-taxman?

SPOTY winner Hamilton hits back at tax exile claims

Accountancy Age: The new BBC Sports Personality of the Year has hit back at claims that he is hypocritical for celebrating being British yet is based abroad for tax purposes.

Full story: http://www.accountancyage.com/aa/news/2386784/spoty-winner-hamilton-hits-back-at-tax-exile-claims

23,000 taxpayers expected to submit tax returns on Christmas Day

Daily Telegraph: Sad, mad - or just madly busy? Thousands of taxpayers will spend the Christmas break submitting their tax return, due January 31.

Full story: http://www.telegraph.co.uk/finance/personalfinance/tax/11294035/23000-taxpayers-expected-to-submit-tax-returns-on-Christmas-Day.html

Tax helplines 'not good enough' at peak times, government admits

BBC News: The government has vowed to improve services for people seeking tax advice after a survey found almost 30% of calls to two helplines were cut off.

Full story: http://www.bbc.co.uk/news/uk-30466149

Insulting rule on war medals and inheritance tax is finally scrapped

Daily Telegraph: Senseless tax rules meant only war medals for 'valour' attracted inheritance tax breaks, while others didn't. Now those rules have been changed.

Full story: http://www.telegraph.co.uk/finance/personalfinance/tax/11291328/Inheritance-tax-how-soldiers-families-fought-to-change-the-rules-and-won.html

Sports Personality of the Year contender Lewis Hamilton: 'I pay a lot of tax in the UK'

The Independent: The Formula One racer said he helped to keep a team of more than 1,000 people employed in the UK.

Full story: http://www.independent.co.uk/news/people/sports-personality-of-the-year-contender-lewis-hamilton-i-pay-a-lot-of-tax-in-the-uk-9923752.html

HMRC pockets £32m from tax avoidance scheme users

IFA Online: HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

Full story: http://www.professionaladviser.com/professional-adviser/news/2386719/hmrc-pockets-gbp32m-from-tax-avoidance-scheme-users

Private client firms Hunters and May May & Merrimans to merge in April

The Lawyer: Private client firms Hunters and May May & Merrimans have announced they are merging in April next year, creating a firm with 120 staff.

Full story: http://www.thelawyer.com/news/practice-areas/private-client-news/private-client-firms-hunters-and-may-may-and-merrimans-to-merge-in-april/3029518.article?adfesuccess=1

‘Lifestyle’ demand pushes up farmland prices

Private Client Adviser: Landowners are selling their properties in smaller pots to increase their profits. Farmland prices have increased by 12 per cent over the past year due to a revival in 'lifestyle' demand from investors.

Full story: http://www.privateclientadviser.co.uk/news/property/%E2%80%98lifestyle%E2%80%99-demand-pushes-farmland-prices

Popular expat country France has second highest taxes in the world

Expat Forum: If you decided to become an expat to have a better lifestyle but want to pay less tax then you may want to check what you might expect to pay, as the top economies are also the top for tax.

Full story: http://www.expatforum.com/france/popular-expat-country-france-has-second-highest-taxes-in-the-world.html?

Expat property owners should act now to avoid CGT

Daily Telegraph: Tax expert Howard Bilton explains recently published rules on capital gains tax that will affect expat property owners from next April onwards.

Full story: http://www.telegraph.co.uk/finance/personalfinance/expat-money/11287732/Expat-property-owners-should-act-now-to-avoid-CGT.html

Gov't drops plans to make offshore tax evasion a criminal offence

Citywire: HM Revenue & Customs’ (HMRC) plan to make holding undeclared taxable offshore income a criminal offence has suffered a blow as it has been omitted from draft legislation.

Full story: http://citywire.co.uk/new-model-adviser/news/govt-drops-plans-to-make-offshore-tax-evasion-a-criminal-offence/a789310?ref=new-model-adviser-latest-news-list

Deloitte and PwC in top 10 places to work

ICAEW: The firms ranked ninth and 10th respectively in the Glassdoor employees’ choice awards, while EY was voted sixteenth. Technology companies did well in the rankings, with Google and Microsoft coming first and third and mobile phone company Three ranked seventh.

Full story: http://economia.icaew.com/news/december-2014/deloitte-and-pwc-in-top-10-places-to-work

Inheritance Tax: simplifying charges on trusts and new rules to target avoidance through the use of multiple trusts

Gov.uk: This Tax Information and Impact Note is about simplifying Inheritance Tax charges on trusts and introducing new rules to target avoidance through the use of multiple trusts.

Full story: https://www.gov.uk/government/publications/inheritance-tax-simplifying-charges-on-trusts-and-new-rules-to-target-avoidance-through-the-use-of-multiple-trusts?

UK Autumn Statement impacts HNWIs internationally

STEP: Measures spelled out in the UK's Autumn Statement of December 3 will have a significant impact on UK non-domiciled and non-resident high-net-worth individuals particularly with regard to stamp duty land tax (SDLT) for residential property, annual fees to be paid by long-term non-domiciled UK residents and the annual tax on enveloped dwellings (ATED). 

Full story: http://www.step.org/uk-autumn-statement-impacts-hnwis-internationally

Calls to tax evasion 'hotline' up 24%

International Adviser: The number of calls to HMRC's tax evasion hotline has increased by almost a quarter over the past year, however, very few calls are exposing large scale tax evasion.

Full story: http://www.international-adviser.com/news/tax-regulation/calls-to-tax-evasion-hotline-up-24?

HMRC targets solicitors in latest tax crackdown

Daily Telegraph: Solicitors are being targeted by HM Revenue & Customs for not paying enough tax.

Full story: http://www.telegraph.co.uk/finance/personalfinance/tax/11279353/HMRC-targets-solicitors-in-latest-tax-crackdown.html

Treasury drops plan to share single IHT nil-rate band across all settlements

STEP: The Treasury has abandoned its proposal to introduce a single inheritance tax (IHT) nil-rate band (NRB) to be divided between all of an individual settlor’s trusts.

Full story: http://www.step.org/treasury-drops-plan-share-single-iht-nil-rate-band-across-all-settlements

UK increases annual charges on non-doms

STEP: This week’s Autumn Statement by the UK Chancellor of the Exchequer has brought a significant increase in the annual fees that long-term non-domiciled UK residents pay in return for being taxed only on income remitted to the UK.

Full story: http://www.step.org/uk-increases-annual-charges-non-doms

‘Death tax’ lifted from ISA savings

Private Client Adviser: The chancellor was unable to deliver on the much-anticipated increase in the inheritance tax threshold.

Full story: http://www.privateclientadviser.co.uk/news/financial-planning/%E2%80%98death-tax%E2%80%99-lifted-isa-savings

Expats will keep their tax break

Daily Telegraph: The Government had threatened to scrap the personal tax allowance for some non-residents - but in the end, the axe did not fall.

Full story: http://www.telegraph.co.uk/finance/personalfinance/expat-money/11272572/Expats-will-keep-their-tax-break.html

Osborne announces complete reform of stamp duty tax

Private Client Adviser: Osborne expects taxpayers to save almost £800m a year due to the changes.

Full story: http://www.privateclientadviser.co.uk/news/property/osborne-announces-complete-reform-stamp-duty-tax

Non-doms to be hit with new charges, George Osborne announces in Autumn Statement

Daily Telegraph: George Osborne announces that non-doms will have to pay up to £90,000 a year.

Full story: http://www.telegraph.co.uk/news/politics/11271733/Non-doms-to-be-hit-with-new-charges-George-Osborne-announces-in-Autumn-Statement.html

Osborne offers mixed bag to non-domestic taxpayers

Taxation: Today’s autumn statement was a mixed bag for non-domestic taxpayers in the UK, experts have suggested, with the Chartered Institute of Taxation (CIOT) praising the announcement that there will be no changes to rules governing a non-residents’ entitlement to the UK personal allowance.

Full story: http://www.taxation.co.uk/taxation/Articles/2014/12/03/332410/autumn-statement-offers-mixed-bag-non-domestic-taxpayers

Inheritance tax: George Osborne declines to raise threshold

The Guardian: Chancellor dashed hopes of those hoping for increase from £325,000 rate and focused on exempting emergency workers.

Full story: http://www.theguardian.com/money/2014/dec/03/inheritance-tax-george-osborne-fails-raise-threshold?

Higher IHT threshold will harm charities, law firm warns

Private Client Adviser: The current IHT system and nil-rate band encourages donations to charities.

Full story: http://www.privateclientadviser.co.uk/news/charities/higher-iht-threshold-will-harm-charities-law-firm-warns

How the HMRC helped tax avoiders stay ahead of the law - by shifting cash for Switzerland to Liechtenstein

The Independent: The crackdown on wealth stashed in Switzerland has failed. Why? Because of a deal Britain cut with Liechtenstein.

Full story: http://www.independent.co.uk/news/business/analysis-and-features/how-the-hmrc-helped-tax-avoiders-stay-ahead-of-the-law--by-shifting-cash-for-switzerland-to-liechtenstein-9896964.html

UK museums receive £45m of art in inheritance-tax windfall

The Guardian: Works by Van Gogh and Constable among treasure trove of paintings, books and sculptures accepted by government in lieu of tax.

Full story: http://www.theguardian.com/artanddesign/2014/dec/02/uk-museums-45m-pound-inheritance-tax-van-gogh-constable?

CGT on property disposals by non-residents

ICAEW: The new charge will apply to gains from 6 April 2015. The principal private residence election is retained but with some new conditions.

Full story: http://www.ion.icaew.com/TaxFaculty/post/CGT-on-property-disposals-by-on-non-residents?

Non-resident owners of UK homes can seek relief from new CGT charge

STEP: The UK government has published the final version of its plans to impose capital gains tax (CGT) on disposals of UK property by non-resident individuals, trustees, estates and close companies, starting in April 2015. 

Full story: http://www.step.org/non-resident-owners-uk-homes-can-seek-relief-new-cgt-charge

EY enters UK legal market

Law Society Gazette: Accountancy giant EY has been given the go-ahead to offer legal services in the UK as it expands its global law offering.

Full story: http://www.lawgazette.co.uk/practice/ey-enters-uk-legal-market/5045440.article

Retention of Main Residence Relief Election: a step in the right direction

CIOT: The Chartered Institute of Taxation (CIOT) notes the Government’s intention to retain the ability to elect a main residence for relief from Capital Gains Tax (CGT). This announcement means that most taxpayers will be free to elect as before; the election will be restricted only for those who are trying to claim that a property in a country where they are not resident is their main residence.

Full story: http://www.tax.org.uk/media_centre/Press+Releases/PR_main_residence_relief_election_1_Dec?

Tax cupboard is bare, says consultants EY Item Club

BBC News: The EY Item Club is warning Chancellor George Osborne he will struggle to find any room for tax giveaways when he delivers this week's Autumn Statement.

Full story: http://www.bbc.co.uk/news/business-30269018

Dutch and Brits top the best European tax regimes poll

ICAEW: The Netherlands and the UK have maintained their position as the top two most attractive European economies from a tax perspective for the second year running, Deloitte research reveals.

Full story: http://economia.icaew.com/news/november-2014/dutch-and-brits-top-the-best-european-tax-regimes-poll

Macfarlanes partners upped capital contributions by 13% last year, accounts show

Legal Week: Macfarlanes partners stumped up an extra 13% in capital contributions last financial year, according to the firm's limited liability partnership (LLP) accounts, filed with Companies House this week. 

Full story: http://www.legalweek.com/legal-week/news/2383612/macfarlanes-partners-upped-capital-contributions-by-13-last-year-accounts-show

Law Society withdraws practice note on Sharia succession rules

Private Client Adviser: The Law Society has withdrawn its controversial practice note on sharia succession principles following feedback received from its members.

Full story: http://www.privateclientadviser.co.uk/news/wills/law-society-withdraws-practice-note-sharia-succession-rules

Switzerland's wealthy expats braced for vote on tax break

Reuters: Many of Switzerland's foreign millionaires will be watching nervously on Sunday as voters decide whether or not to scrap one of the country's biggest tax perks for expatriates.

Full story: http://uk.reuters.com/article/2014/11/26/uk-switzerland-tax-vote-idUKKCN0JA1P920141126?rpc=401

Angelina Jolie: Ed Miliband's Mansion Tax 'Could Put Me Off' Buying a UK Home

International Business Times: Addressing rumours that she is on the hunt for a property around London, Angelina Jolie has said that she might be discouraged after Ed Miliband's proposed mansion tax.

Full story: http://www.ibtimes.co.uk/angelia-jolie-ed-milibands-mansion-tax-could-put-me-off-buying-uk-home-1476616

Tax crackdown: perfect storm brewing for undeclared offshore assets

CityWire: George Osborne’s Autumn Statement is likely to see an escalation in the crackdown on those with undeclared offshore assets.

Full story: http://citywire.co.uk/wealth-manager/news/tax-crackdown-perfect-storm-brewing-for-undeclared-offshore-assets/a785926?ref=wealth_manager_all_stories_list

A Labour Government Will Clobber High Pay, Big Houses, Banks And Public Schools. You See The Pattern. So What’s Next? Private Health Or Just Big Pension Pots?

Director of Finance: Bashing the rich is basic socialism of the sort debated by sixth-formers, but it may well win Labour the election. However, these attacks on success should be in addition to sound policies, not instead. Whoever runs Britain from 2015 needs to be looking for billions, not mere millions, to close the budget deficit.

Full story: http://www.dofonline.co.uk/index.php/edge-menu-item/8934-rich-people-have-votes-but-not-many

Labour targets UK's 'unfair society', threatens private school tax breaks

Reuters: The opposition Labour party said on Tuesday it would cut tax breaks worth 700 million pounds to fee-paying schools if elected unless they helped raise standards in state schools.

Full story: http://uk.reuters.com/article/2014/11/25/uk-britain-politics-schools-idUKKCN0J91M220141125?rpc=401

Credit Suisse fined $2.6bn by US for ‘decades’ of tax evasion

International Adviser: Credit Suisse has been hit with a $2.6bn (£1.7bn, €2bn) fine for operating an illegal cross-border banking business that helped thousands of American clients evade tax.

Full story: http://www.international-adviser.com/news/europe/credit-suisse-fined-2-6bn-for-tax-evasion?

Cable hits out at Tory tax plans

ICAEW: Vince Cable has hit out at George Osborne over planned tax cuts, branding their promises of £7bn of new tax cuts as “total fantasy” and said the government’s reputation for fiscal credibility could be damaged.

Full story: http://economia.icaew.com/news/november-2014/cable-hits-out-at-tory-tax-plans

Credit Suisse fined over tax evasion charges

STEP: A US court has sentenced Credit Suisse for helping American clients evade tax over a period of decades through 2009, and ordered it to pay the US authorities USD2.6 billion in penalties and compensation for lost tax.

Full story: http://www.step.org/credit-suisse-fined-over-tax-evasion-charges

Backlog of tax disputes reaches record high

Accountancy Age: HMRC's high profile clamp-down on suspected tax avoidance has pushed the backlog of tax disputes waiting to be heard to a new record high of 27,246, with a particular surge in the number of high value cases lodged with the Upper Tax Tribunal, law firm Pinsent Masons has said.

Full story: http://www.accountancyage.com/aa/news/2383144/backlog-of-tax-disputes-reaches-record-high

KPMG reviews tax measures expected in the 2014 Autumn Statement

KPMG: The Chancellor George Osborne will deliver his Autumn Statement on 3 December.  With an election next May, Chris Morgan, head of tax policy at KPMG in the UK, ponders what the statement might contain.

Full story: http://www.kpmg.com/UK/en/IssuesAndInsights/ArticlesPublications/NewsReleases/Pages/KPMG-reviews-tax-measures-expected-in-the-2014-Autumn-Statement.aspx?

Tax reliefs don’t cost money and they create wealth, so why do politicians hate them?

Daily Telegraph: The UK is cracking down on tax breaks just as they are starting to do some good for the economy.

Full story: http://www.telegraph.co.uk/finance/economics/11250967/Tax-reliefs-dont-cost-money-and-they-create-wealth-so-why-do-politicians-hate-them.html

HSBC Swiss private banking arm faces tax investigation

The Guardian: French magistrates examining whether the bank helped wealthy clients avoid a new tax, the European Union Savings Directive.

Full story: http://www.theguardian.com/business/2014/nov/21/hsbc-switzerland-private-bank-tax-french-investigation

Lionel Messi may leave Spain over tax jail threat

The Guardian: Sources close to Barcelona football star say he feels he is being singled out by having to stand trial over undeclared income.

Full story: http://www.theguardian.com/football/2014/nov/21/lionel-messi-may-leave-spain-tax-barcelona-football?

UK FATCA rules: what resident non-doms need to know

International Adviser: The reporting rules for UK resident non-domiciliaries (RNDs) with interests in non-UK structures are about to change, requiring them to provide information on participants in the structure.

Full story: http://www.international-adviser.com/news/tax-regulation/uk-fatca-rules-what-resident-non-doms?

New York-born London mayor Boris Johnson refuses to pay US tax bill

The Guardian: Politician says he is ignoring US demand for capital gains tax, despite row with country’s UK embassy over unpaid charges.

Full story: http://www.theguardian.com/politics/2014/nov/20/boris-johnson-us-tax-bill?

BDO sees profit rise 42%

ICAEW: BDO has had what it describes as a “great year”, with turnover up 27% to £384m and operating profit up by 42% to £78m.

Full story: http://economia.icaew.com/news/november-2014/bdo-sees-profit-rise-42-percent

DELOITTE EXPANDS FAMILY BUSINESS OFFERING WITH ACQUISITION

Campden: The proliferation of entrepreneurialism around the world means the family business sector has massive growth potential, according to Deloitte, and the Big Four firm is positioning itself to further take advantage of this market.

Full story: http://www.campdenfb.com/article/deloitte-expands-family-business-offering-acquisition?

HMRC's avoidance action 'unacceptably slow'

International Advisor: HMRC’s action against tax avoiders is “unacceptably slow”, according to MP Margaret Hodge.

Full story: http://www.international-adviser.com/news/tax-regulation/hmrcs-avoidance-action-unacceptably-slow?

Myleene Klass ‘goes full Paxman’ on Ed Miliband over mansion tax

The Guardian: Singer tells the Labour leader his ‘disturbing’ plan to impose a levy on £2m-plus homes would hit ‘little grannies’.

Full story: http://www.theguardian.com/politics/2014/nov/18/myleene-klass-ed-miliband-mansion-tax?

Baker Tilly’s Head of Private Client Gary Heynes has been named as one of the 50 Most Influential private client practitioners by eprivateclient.

Baker Tilly: Baker Tilly’s Head of Private Client Gary Heynes has been named as one of the 50 Most Influential private client practitioners by eprivateclient.  The 50 Most Influential is designed to identify, recognise and promote the leading practitioners of the private client professions. Those on the list are the leaders when it comes to providing the best possible advice & service for clients and innovation in the way the needs of wealthy individuals are met.

Full story: http://www.bakertilly.co.uk/media/news/Pages/Gary-Heynes-is-named-as-one-of-50-Most-Influential-private-client-practitioners.aspx

HSBC's Private Bank Hit with Tax Fraud and Money Laundering Charges in Begium

International Business Times: Belgian prosecutors have accused the private banking arm of HSBC of facilitating tax fraud and money laundering to the tune of hundreds of millions of euros.  HSBC Private Bank, a subsidiary which is based in Switzerland,  allegedly helped hundreds of wealthy clients engage in tax fraud by burying taxable income and assets in shell companies based in tax havens.

Full story: http://www.ibtimes.co.uk/hsbcs-private-bank-hit-tax-fraud-money-laundering-charges-begium-1475219?

US billionaire’s heirs claim trustees mismanaged trust fund

STEP: Jennie and David Scaife, heirs to billionaire Richard Mellon Scaife, have demanded an accounting for a millionaire fortune which they would have received under the terms of a trust set up by their grandmother in 1935.

Full story: http://www.step.org/us-billionaire%E2%80%99s-heirs-claim-trustees-mismanaged-trust-fund

Hardman Lecture: Tax Avoidance – Game Over?

ICAEW: Jolyon Maugham’s question in the title for the 2014 Hardman lecture on 11 November raises the question of whether the rules of engagement for tax avoidance schemes have changed so much over the past ten years that there is no future for mass-marketed tax avoidance schemes. 

Full story: http://www.ion.icaew.com/TaxFaculty/post/Hardman-Lecture---Tax-Avoidance---Game-Over-?

France to introduce 20 per cent surcharge tax for owners of second homes in high-demand areas

STEP: The annual tax imposed on owners of second homes in France will rise by 20 per cent in high-demand areas in January 2015, under proposals in the government's latest supplementary budget.

Full story: http://www.step.org/france-introduce-20-cent-surcharge-tax-owners-second-homes-high-demand-areas

Mourant Ozannes promotes three to group partnership

Mourant Ozannes: Offshore law firm Mourant Ozannes has announced three internal promotions to group partner which will take effect from February.  Abel Lyall and Matthew Guthrie from Guernsey and Paul Martin from Jersey will join the group partnership within their respective practice areas of Litigation, International Trusts & Private Client and Finance & Corporate.

Full story: http://www.mourantozannes.com/news/news/mourant-ozannes-promotes-three-to-group-partnership.aspx

Leading UK Law Firm, Farrer & Co, Successfully Deploys NetDocuments Web-Based eFile Solution

PR Newswire: The leading London-based law firm, Farrer & Co LLP, has successfully deployed NetDocuments' cloud-based service to all 400 individuals in the firm. Farrer & Co represents the first mid-market UK firm to implement a true cloud-based electronic file solution for managing documents and emails - giving their lawyers, partners, and staff seamless and secure access to their files from anywhere on any device and providing increased efficiency for clients.

Full story: http://www.prnewswire.co.uk/news-releases/leading-uk-law-firm-farrer--co-successfully-deploys-netdocuments-web-based-efile-solution-281569751.html

50p tax rate would hit top earners in the UK with a bigger tax bill than most of their global peers

UHY Hacker Young: The Labour Party’s plans to reintroduce the 50p tax rate would see high earners in the UK pay 24% more in tax than the current global average, according to our research.

Full story: http://www.uhy-uk.com/news-events/news/50p-tax-rate-would-hit-top-earners-in-the-uk-with-a-bigger-tax-bill-than-most-of-their-global-peers/

Clarke Willmott's Private Client Team Continues to Grow

Clarke Willmott: Clarke Willmott is delighted to welcome Jane Halton as a Partner in our Private Client Team. This is a move back towards the sea for Jane who started her legal career with Blake Lapthorn in Portsmouth and joins from Gateley LLP in Birmingham where she worked in the Private Client Team for the last 14 years.

Full story: http://www.clarkewillmott.com/news/2996/clarke-willmotts-private-client-team-continues-to-grow

HMRC recovers record £3.65bn in unpaid taxes from avoidance schemes, evasion and fraud

City AM: A record amount of unpaid tax has been recovered from avoidance schemes, evasion and fraud by HMRC’s top team of specialist investigators – up by almost a quarter in the past year, says Pin­sent Masons, the international law firm.

Full story: http://www.cityam.com/1415594427/hmrc-takes-back-365bn-unpaid-taxes?

London property amasses 90% of HMRCs high-end tax bonanza

Accountancy Age: Nearly 90% of HMRC's income generated from a new national tax targeting high value homes is amassed from properties in London.

Full story: http://www.accountancyage.com/aa/news/2380153/london-property-amasses-90-of-hmrcs-high-end-tax-bonanza

'High risk' avoidance promoters could face £1m fines

International Advisor: Promoters of tax avoidance schemes deemed “high-risk” by HM Revenue & Customs (HMRC) have been sent letters warning them they could be named publically, monitored, and fined up to £1m.

Full story: http://www.international-adviser.com/news/tax-regulation/hmrc-posts-warnings-high-risk-avoidance?

Downton Abbey: life, death, tax

Saffery Champness: Downton Abbey’s long awaited series five has now started; we will once again be keeping a watchful eye on what is happening in the life of the Granthams. We will draw parallels where we can, but also consider how their challenges might be different today in terms of tax, property, agriculture, wealth, succession and so on – with insight and wit where possible! 
 Full story: http://www.saffery.com/news-and-events/articles/2014/downton-abbey-life-death-tax-aug-2014.aspx

Irwin Mitchell acquires Mayfair-based Berkeley Law

The Lawyer: Irwin Mitchell has acquired Mayfair based private wealth specialists Berkeley Law in a bid to gain ground in London.

Full story: http://www.thelawyer.com/analysis/the-lawyer-management/merger-watch/irwin-mitchell-acquires-mayfair-based-berkeley-law/3028041.article

Mansion tax could wipe 5pc off the value of high-end London homes

Daily Telegraph: Mansion tax could wipe an average of 5pc off homes worth more than £2m should Labour win the next general election and make the proposals a reality.

Full story: http://www.telegraph.co.uk/finance/personalfinance/houseprices/11213934/Mansion-tax-could-wipe-5pc-off-the-value-of-high-end-London-homes.html

Report Examines Effect Of FATCA On BVI Entities

LowTax: International law firm Conyers Dill & Pearman has published a detailed article on the impact of the US Foreign Account Tax Compliance Act (FATCA) on British Virgin Islands entities, which also discusses equivalent legislation in the UK.

Full story: http://www.lowtax.net/news/Report-Examines-Effect-Of-FATCA-On-BVI-Entities-66330.html?

Accountants concerned about work life balance

ICAEW: Long working hours and a poor work-life balance are top concerns for accountants, according to research by financial protection specialist Unum.

Full story: http://economia.icaew.com/news/november-2014/accountants-concerned-about-work-life-balance

Law firms unite to create major wealth management force

Wealth Manager: Law firms Charles Russell and Speechly Bircham have combined to create a significant player in wealth management.

Full story: http://citywire.co.uk/wealth-manager/news/law-firms-unite-to-create-major-wealth-management-force/a781473

Introducing Howard Kennedy – a new law firm with a new address

Howard Kennedy: Law firm Howard Kennedy, formerly HowardKennedyFsi, has today revealed a new brand identity and a new address.

Full story: http://www.howardkennedy.com/information-hub/news/press-release-introducing-howard-kennedy-a-new-law-firm-with-a-new-address/

Charles Russell and Speechly Bircham complete merger

Private Client Adviser: Charles Russell and Speechly Bircham have completed their merger to create the new firm, Charles Russell Speechlys, which will be one of the world's largest private wealth and business law firms.

Full story: http://www.privateclientadviser.co.uk/news/legal-practice/charles-russell-and-speechly-bircham-complete-merger

Tax traps: 10 reasons to steer clear of avoidance schemes

Citywire: HM Revenue & Customs (HMRC) has been hot on the heels of tax avoidance schemes over the past few years as it has cracked down on providers and investors.

Full story: http://citywire.co.uk/new-model-adviser/news/tax-traps-10-reasons-to-steer-clear-of-avoidance-schemes/a781875?ref=new-model-adviser-picture-galleries-list

How rising French property taxes hit British buyers

Daily Telegraph: British buyers are being tempted back to the French property market thanks to the strong British pound and access to cheap loans, but there’s a nasty sting in the tail in the form of local taxes.

Full story: http://www.telegraph.co.uk/finance/personalfinance/expat-money/11210448/How-rising-French-property-taxes-hit-British-buyers.html

Benefits of devolved tax must outweigh costs, says ICAS

Accountancy Age: Devolved tax powers should only be implemented where they generate genuine benefits that outweigh the costs of setting up such powers, said ICAS.

Full story: http://www.accountancyage.com/aa/news/2378840/benefits-of-devolved-tax-must-outweigh-costs-says-icas

Switch to OECD bank account reporting will cost UK non-doms their privacy

STEP: The general adoption of the OECD automatic information exchange agreement will deprive UK non-doms of their right to keep offshore assets secret from HM Revenue and Customs, according to law firm Pinsent Masons.

Full story: http://www.step.org/switch-oecd-bank-account-reporting-will-cost-uk-non-doms-their-privacy

Listen up, Griff Rhys Jones, the mansion tax is the soft option

The Guardian: If unearned income from property were taxed proportionately in the UK, several of our structural economic problems could be solved.

Full story: http://www.theguardian.com/commentisfree/2014/nov/04/griff-rhys-jones-mansion-tax-soft-option?

Labour's 50p tax plan makes Britain less attractive than Australia for the wealthiest

Daily Telegraph: Accountants argue a return to the 50p top rate of tax would be 'a backwards step'.

Full story: http://www.telegraph.co.uk/finance/budget/11203950/Labours-50p-tax-plan-makes-Britain-less-attractive-than-Australia-for-the-wealthiest.html

Tougher disclosure rules for offshore accounts held by 'non-doms' once single tax reporting standard in force

Pinsent Masons: Financial institutions based in certain British Overseas Territories (BOTs) and Crown Dependencies (CDs) will be subject to stricter reporting requirements covering accounts held with them by UK resident non-UK domiciled taxpayers from 2016 if specific "carve outs" are not negotiated, an expert has said.

Full story: http://www.out-law.com/en/articles/2014/october/tougher-disclosure-rules-for-offshore-accounts-held-by-non-doms-once-single-tax-reporting-standard-in-force/?

Non-doms urged to protect assets in case of rule change

International Adviser: Old Mutual Wealth is urging advisers with non-domiciled clients in the UK to take steps to protect their assets from IHT, in case changes to the domicile rules come into effect.

Full story: http://www.international-adviser.com/news/tax-regulation/speculation-about-new-domicile-rules-concern?

Ex-UBS Executive Weil Acquitted of U.S. Tax Conspiracy

Bloomberg: Former UBS AG (UBSN) global wealth-management chief Raoul Weil was cleared of tax conspiracy charges despite the bank’s historic admission that it helped thousands of U.S. clients cheat the Internal Revenue Service.

Full story: http://www.bloomberg.com/news/2014-11-03/ex-ubs-executive-weil-acquitted-of-u-s-tax-conspiracy.html

HMRC steps up transparency efforts

ICAEW: HMRC has stepped up its efforts to increase transparency by sending more than 24 million people a summary of how their tax is spent.

Full story: http://economia.icaew.com/news/november-2014/hmrc-steps-up-transparency-efforts

Labour 50p rate a “step backwards”

ICAEW: Labour’s planned 50p tax rate would put the UK at a “significant disadvantage” to its rivals, research has found.

Full story: http://economia.icaew.com/news/november-2014/labour-50p-rate-a-step-backwards

Pay Labour's mansion tax? I'm moving abroad, says Griff Rhys Jones

Daily Telegraph: Griff Rhys Jones says he would move to a 'massive palace' abroad if Labour introduce the 'fatuous' tax.

Full story: http://www.telegraph.co.uk/news/politics/labour/11204463/Pay-Labours-mansion-tax-Im-moving-abroad-says-Griff-Rhys-Jones.html

Autumn statement 2014: six plain English suggestions to improve the tax system

ICAEW: ICAEW Tax Faculty suggestions for inclusion in the Autumn Statement 2014 are now published as TAXREP 55/14. These suggestions were made to Government in response to the invitation Autumn Statement 2014: Have Your Say, published by HM Treasury in September 2014.

Full story: http://www.ion.icaew.com/TaxFaculty/post/Autumn-statement-2014--six-plain-English-suggestions-to-improve-the-tax-system?

Making the most of the 36 per cent IHT rate

Solicitors Journal: The planning potential of the lower rate of inheritance tax (IHT), introduced in 2012, has often been under estimated. Two key issues are variations within two years of death and merger of components.

Full story: http://www.solicitorsjournal.com/private-client/estate-planning/making-most-36-cent-iht-rate?

High net worth unit is five years old

ICAEW: HMRC’s High Net Worth Unit (HNWU) was set up in 2009 and guidance was issued at the time. Since then HMRC has developed specialist teams in the HNWU, which aim to give the unit a better understanding of different customers.

Full story: http://www.ion.icaew.com/TaxFaculty/post/High-net-worth-unit-is-five-years-old?

More Scottish tax powers could create loopholes, accountants say

Reuters: Giving Scotland more tax-raising powers would increase the complexity of Britain's already-lengthy tax code and may create new loopholes for tax avoidance, accountants and tax advisors told British legislators on Tuesday.

Full story: http://uk.reuters.com/article/2014/10/28/uk-britain-scotland-tax-idUKKBN0IH1F720141028?rpc=401

Divorcees top list of paid tax evasion informants

International Advisor: The number of informants being paid by HMRC to provide information about tax evasion has reached a record high, with former spouses coming top of the list for tip-offs, according to City law firm, RPC.

Full story: http://www.international-adviser.com/news/tax-regulation/tax-evasion-informants-increasingly-paid-by-hmrc?

Net draws tighter around tax evaders as age of secrecy ends

The Times: Tax evaders will have fewer places to hide as an era of banking secrecy comes to an end with the signing of an international agreement to disclose non-resident accounts, the German finance minister has told The Times.

Full story: http://www.thetimes.co.uk/tto/business/industries/banking/article4248660.ece

Swiss banks urge US government to amend conditions to bank amnesty

STEP: The US Justice Department (USDoJ) has added new conditions to the amnesty programme offered to Swiss banks suspected of helping their clients evade US tax.

Full story: http://www.step.org/swiss-banks-urge-us-government-amend-conditions-bank-amnesty

FATCA leads 75% of US expats to consider dropping citizenship

International Adviser: Nearly three quarters of American expats are considering the renouncement of their citizenship following July’s introduction of the “absurd” Foreign Account Tax Compliance Act (FATCA).

Full story: http://www.international-adviser.com/news/tax-regulation/fatca-leads-75-of-us-expats-to?

Tax avoidance scheme: we will win court battle over HMRC

CityWire: An alleged tax avoidance scheme used by a string of celebrities has declared it is ‘confident of success’ ahead of its court battle with HM Revenue & Customs (HMRC).

Full story: http://citywire.co.uk/new-model-adviser/news/tax-avoidance-scheme-we-will-win-court-battle-over-hmrc/a780120?ref=new-model-adviser-latest-news-list

HMRC pays out £400k to tax-dodge informants

Investment Week: HMRC paid out a record £400,000 in 2013 to people whistleblowing on tax avoidance activities, a Freedom of Information (FoI) request has revealed.

Full story: http://www.investmentweek.co.uk/investment-week/news/2377783/hmrc-pays-out-gbp400k-to-tax-dodge-informants

Tony Benn's inheritance tax dodge: how it works (and how you can use it too)

Daily Telegraph: The former Labour minister left an estate worth £5m to his children, but official documents suggest he used legitimate tax planning strategies to reduce death duties. 

Full story: http://www.telegraph.co.uk/finance/personalfinance/tax/11189430/Tony-Benns-inheritance-tax-dodge-how-it-works-and-how-you-can-use-it-too.html

Cannavaro in “massive” tax fraud

ICAEW: Former Italy World Cup winning captain Fabio Cannavaro is being investigated for a €900,000 tax fraud.

Full story: http://economia.icaew.com/news/october-2014/cannavaro-in-massive-tax-fraud

Baby boomers prefer to spend wealth than pass it on

CityWire: Two thirds of a sample of baby boomers would rather spend their money than pass it on to their children, according to a survey.

Full story: http://citywire.co.uk/wealth-manager/news/baby-boomers-prefer-to-spend-wealth-than-pass-it-on/a779353?ref=wealth-manager-new-latest-news-test1-list

Lib Dem leak leans toward mansion tax pledge

ICAEW: A leaked photo, believed to be an outline of the Liberal Democrats’ 2015 election manifesto, shows mansion tax is firmly on the party’s agenda.

Full story: http://economia.icaew.com/news/october-2014/lib-dem-leak-leans-toward-mansion-tax-pledge

Crowe Clark Whitehill strengthens capability with Tax Partner promotion in Manchester

Crowe Clark Whitehill: National audit, tax and advisory firm Crowe Clark Whitehill has promoted Rebecca Durrant to Head of Tax in its Manchester office, further strengthening the firm’s tax and advisory capabilities.  Rebecca brings a wealth of experience to the role, having advised individuals, owner-managed businesses and charities for over two decades.

Full story: http://www.crowehorwath.net/uk/news/crowe_clark_whitehill_strengthens_capability_with_tax_partner_promotion_in_manchester.aspx

Asia-Pacific leads world in wealth growth

WealthAdvisor: The Asia-Pacific region registered world-leading levels of high net worth individual (HNWI) population and wealth growth in 2013, according to the Asia-Pacific Wealth Report 2014 (APWR) by Capgemini and RBC Wealth Management.

Full story: http://www.wealthadviser.co/2014/10/22/211784/asia-pacific-leads-world-wealth-growth

Over 175,000 a year struggle to find true value of wills

WealthAdvisor: More than 175,000 people a year struggle to track down all the assets left by loved ones in wills, according to research from willsandassets.co.uk, a secure online service enabling people to store wills and register assets.

Full story: http://www.wealthadviser.co/2014/10/21/211701/over-175000-year-struggle-find-true-value-wills

Australia To Offer Permanent Residency Visa For Super Rich Investors From July Next Year

IBT: Australia has announced a new category of visa named "premium investor visa" with effect from July1, 2015, offering immigrants permanent residency if they invest A$15 million or more in the country. The new reform will be a logical extension to Australia's flagship "Significant Investor Programme," already in force. Under SIP, those investing A$5 million and above will be entitled for a four-year visa.

Full story: http://au.ibtimes.com/articles/569650/20141015/australia-investment-residency-china.htm#.VEgG1vnF98E

UK Tax Avoidance: HMRC Demands Will Hit 33,000 Britons by 2016

IBT: Around 33,000 Britons are likely to receive letters from the taxman telling them they owe the government, on average, £155,000 as the HMRC starts cracking down on tax avoidance in line with new powers granted under the Finance Act 2014.

Full story: http://www.ibtimes.co.uk/uk-tax-avoidance-hmrc-demands-will-hit-33000-britons-by-2016-1471082

Issue briefing: dealing with the tax affairs of wealthy individuals

HMRC: This briefing looks at how HMRC deals with wealthy individuals to help them comply with their tax obligations and to challenge those who don’t play by the rules.

Full story: https://www.gov.uk/government/publications/issue-briefing-dealing-with-the-tax-affairs-of-wealthy-individuals?

Charity loses challenge to executors' interpretation of nil-rate band

STEP: The executors of Valerie Smith were entitled to interpret the expression 'nil-rate band' (NRB) in her will to include the nil-rate band transferred from her predeceased husband, the England and Wales Court of Appeal has ruled. 

Full stop: http://www.step.org/charity-loses-challenge-executors-interpretation-nil-rate-band

Labour to hit £3m homes with £10k mansion tax

Accountancy Age: Those owning properties worth more than £3m will be hit with tax bills starting from £10,000 under a Labour government, according to research by the Institute for Fiscal Studies.

Full story: http://www.accountancyage.com/aa/news/2376792/labour-to-hit-gbp3m-homes-with-gbp10k-mansion-tax

HMRC ramps up tax avoidance clampdown in £250m bid

CityWire: HM Revenue and Customs (HMRC) has ramped up its crackdown on tax avoidance schemes by sending out 600 accelerated payment demands worth over £250 million of disputed tax.

Full story: http://citywire.co.uk/new-model-adviser/news/hmrc-ramps-up-tax-avoidance-clampdown-in-250m-bid/a779259?ref=new-model-adviser-latest-news-list

Farrer & Co welcomes back Marianne Kafena to Private Client Team

Farrer & Co: Farrer & Co has continued to invest in its international private client team with the re-appointment of Marianne Kafena, formerly of Kleinwort Benson.  

Full story: http://www.farrer.co.uk/News/press-releases/Farrer--Co-Welcomes-Back-Marianne-Kafena-to-Private-Client-Team/

Ed Balls: Mansion tax would start at £250 a month

BBC News: Ed Balls has said most people who own homes worth between £2m and £3m will pay £250 a month in "mansion tax" under a future Labour government.

Full story: http://www.bbc.co.uk/news/uk-politics-29691283

Multi-million pound divorce 'can be heard in England'

BBC News: A multi-million pound divorce between a wealthy Malaysian couple can be heard in an English court, a judge has ruled.

Full story: http://www.bbc.co.uk/news/uk-29657028

Falcao's great-grandfather a Yorkshire accountant

ICAEW: Manchester United’s major summer signing, the Colombian striker Radamel Falcao, is more similar to you and I than you may think.

Full story: http://economia.icaew.com/news/october-2014/falcaos-great-grandfather-a-yorkshire-accountant

Seven new partners at Mazars

ICAEW: The new partners are a mixture of internal and external appointments.

Full story: http://economia.icaew.com/news/october-2014/seven-new-partners-at-mazars

Legal ombudsman calls for regulation in will writing

PCA: The ombudsman has suggested a voluntary scheme as a short-term solution until a long-term alternative is found.

Full story: http://www.privateclientadviser.co.uk/news/wills/legal-ombudsman-calls-regulation-will-writing

PM calls for ‘fair’ inheritance tax system

The Lawyer: An increase in the inheritance tax threshold could be on the horizon, after David Cameron dropped a hint in the Commons that he might favour such a move.

Full story: http://www.thelawyer.com/briefings/pm-calls-for-fair-inheritance-tax-system/3027259.article?

The will to compete

Law Society Gazette: Lawyers’ grievances over accountants moving into probate work must be countered by a desire to fight the competition.

Full story: http://www.lawgazette.co.uk/analysis/comment-and-opinion/the-will-to-compete/5044354.article?

King & Wood Mallesons to ditch SJ Berwin name to mark first anniversary of merger

The Lawyer: King & Wood Mallesons SJ Berwin is set to scrap ‘SJ Berwin’ from its name on 1 November, as the firm celebrates the first anniversary of its record-breaking merger.

Full story: http://www.thelawyer.com/analysis/the-lawyer-management/management-news/king-and-wood-mallesons-to-ditch-sj-berwin-name-to-mark-first-anniversary-of-merger/3027084.article

Change rules on wills, government urged

BBC News: The regulation of wills should be reformed to prevent people being ripped off, the Legal Ombudsman has warned.

Full story: http://www.bbc.co.uk/news/uk-29634380?

Setback for HMRC, as 'tax gap' rises

BBC News: HM Revenue and Customs (HMRC) has announced a rise in the "tax gap" - the difference between the amount of tax it should collect in theory, and the actual total.

Full story: http://www.bbc.co.uk/news/business-29644274?

HMRC launches new FATCA online service

Accounting Web: HMRC has launched a new online service for UK financial institutions to register and report financial information on behalf of their US clients

Full story: http://www.accountingweb.co.uk/article/hmrc-launches-new-fatca-online-service/566743?

David Cameron's Inheritance Tax Cut Would Benefit The Rich, Says Research

Huffington Post: David Cameron's pledge to cut inheritance tax to help those who were not "in any way mega-rich" would also save the richest families hundreds of thousands of pounds, research suggests.

Full story: http://www.huffingtonpost.co.uk/2014/10/15/inheritance-tax-cut-david-cameron-richest_n_5988306.html?

David Cameron: inheritance tax cut 'will take some time'

Daily Telegraph: Prime Minister says raising the inheritance tax threshold to help middle-class families might have to wait until after the election next May.

Full story: http://www.telegraph.co.uk/finance/personalfinance/tax/11164236/David-Cameron-inheritance-tax-cut-will-take-some-time.html

PwC partner in £11m divorce battle

ICAEW: The former wife of a multimillionaire PwC partner has told an appeal court that wives in her position are “discriminated” against by divorce courts, as she battles for her share of an £11m family fortune.

Full story: http://economia.icaew.com/news/october-2014/pwc-partner-in-11mpound-divorce-battle

After years of pressure, Luxembourg drops bank secrecy rules

Reuters: Luxembourg agreed on Tuesday to end its bank secrecy rules from 2017, yielding to a decade of pressure from Germany and the United States and marking a breakthrough in global efforts to reduce tax evasion.

Full story: http://uk.reuters.com/article/2014/10/14/uk-eurozone-economy-banks-idUKKCN0I31SO20141014?rpc=401

Italy revives using art, archaeological goods to pay tax

Reuters: More Italians may pay their taxes using paintings and sculptures after moves by the government to revive a system of transferring cultural treasures to the state in lieu of tax payments.

Full story: http://uk.reuters.com/article/2014/10/13/uk-italy-tax-culture-idUKKCN0I218W20141013?rpc=401

Land and buildings transaction tax: rates and thresholds announced

The Lawyer: The land and buildings transaction tax (LBTT) will replace stamp-duty land tax (SDLT) in Scotland from 1 April 2015.

Full story: http://www.thelawyer.com/briefings/land-and-buildings-transaction-tax-rates-and-thresholds-announced/3027054.article?

Tax evasion prosections surge 29% as HMRC cracks down

CityWire: The number of criminal prosecutions for tax evasion has soared by 29% in the current tax year.

Full story: http://citywire.co.uk/wealth-manager/news/tax-evasion-prosections-surge-29-as-hmrc-cracks-down/a777512?ref=wealth_manager_all_stories_list

Restricting non-residents’ entitlement to the UK personal allowance

ICAEW: ICAEW says it should remain available; at least for now.

Full story: http://www.ion.icaew.com/TaxFaculty/post/Restricting-non-residents--entitlement-to-the-UK-personal-allowance?

McDermott Continues Expansion of International Private Client Group

McDermott Will & Emery: International law firm McDermott Will & Emery today announced that Nicholas Holland has joined as a partner in its international Private Client Practice Group, based in the Firm’s London office.  

Full story: http://www.mwe.com/McDermott-continues-expansion-of-International-Private-Client-Group-10-08-2014/