Withers Worldwide

Understanding the tax issues affecting the Trust is essential. These issues must be considered in the round, and not just in isolation. What is done by one person in a jurisdiction may not affect him but may have adverse tax implications for another part of the family or family structure.

Have you reviewed your fiduciary arrangements in light of recent changes made to laws dealing with the taxation of such structures?

Have you considered the alternatives to your current structure, such as family limited partnership arrangements or corporate holding structures?

Revenue powers (both domestically and internationally) to obtain information are expanding all the time. Our wealth advisory team have substantial experience in carrying out tax risk assessment reviews, working with fiduciaries and structures to ensure that arrangements are put in place to minimise tax exposure and ensure that, should the Revenue come calling, the structure is robust and can withstand attack and avoid unnecessary time and expense lost in dealing with compliance issues.