Linklaters appoints Peter Golden to lead its UK trusts practice

Linklaters: Linklaters has hired Peter Golden as a partner, leading the firm’s trusts practice. Peter will be based in London and joined the firm on 29 February 2016.

Full story: http://www.linklaters.com/News/LatestNews/2016/Pages/Linklaters-appoints-Peter-Golden-to-lead-UK-trusts-practice.aspx

Druces LLP launches new International Wealth and Fiduciary practice with strategic partner hires

Druces: The City of London law firm Druces LLP, focused on business and private wealth, has today launched a new International Wealth and Fiduciary practice with the strategic hire of two additional partners.  This represents a very significant development of the firm’s private client offering from its existing three-partner team and ensures that Druces has a significant presence in the London private wealth market and proven international experience.

Full story: http://www.druces.com/1776-2/

Double taxation of estates in EU is a serious problem, says report

STEP: The problem of double taxation of cross-border estates in the European Union (EU) is much more serious and urgent than some member states acknowledge, according to a report prepared for the European Commission.

Full story: http://www.step.org/news/double-taxation-estates-eu-serious-problem-says-report

London 'most important city for the ultra-wealthy'

AOL: London has beaten New York as the most important city for the ultra-wealthy, according to an annual report.

Full story: http://money.aol.co.uk/2016/03/02/london-most-important-city-for-the-ultrawealthy/

Taxpayers to 'save' £30m in inheritance tax relief

Accountancy Age: Money saved by people using inheritance tax relief on gifts increased by 20% between 2014 and 2015, and is expected to rise even further in the coming years, a London-based law firm has found.
Full story: http://www.accountancyage.com/aa/news/2449074/taxpayers-save-gbp30m-in-inheritance-tax-relief

UK's Top Earners 'Pay More' Despite Lower Tax Rate

Tax News: The UK's wealthiest taxpayers pay a "higher proportion of income tax" following the reduction in the top rate of tax from 50 to 45 percent, Chancellor George Osborne has said.

Full story: http://www.tax-news.com/news/UKs_Top_Earners_Pay_More_Despite_Lower_Tax_Rate____70600.html