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Wilton News

Irish Register of Beneficial Owners – New Developments

On the 22nd March, Paschal Donohoe, Minister for Finance, signed into law the Statutory Instrument, (No 110 of 2019,) establishing the much anticipated Central Register of Beneficial Ownership of Companies and Industrial and Provident Societies (RBO). The new Central Register will come into…

GDPR and Leaving the EU – all you need to know

GDPR (General Data Protection Regulation) is an EU regulation. This means it became the law in all member states of the EU (including the UK), without the need for a UK Act of Parliament. It also applies to the EEA…

Carry Forward Pension Contributions

    With the current tax year ending on 5 April 2019, now is the time to consider some pension planning and reliefs that could make a difference to your tax liability for this year and benefit your future retirement…

“No Deal” Brexit – Changes to EU Rules VAT

  At present there is no certainty to the outcome of the negotiations the UK Government is having with the EU. Businesses will have to prepare themselves for the outcome of these negotiations. There are two possible outcomes.   1….

Wilton IOM Features in Business 365 Magazine

  Forging relationships, providing expert advice and delivering on professional service Wilton has this month been featured in Isle of Man Business 365 magazine with a focus on the professional services that we provide, including accountancy, business advisory and corporate…

Autumn Budget 2018

  The Chancellor Philip Hammond presented his second Autumn Budget on Monday 29 October 2018. In his speech he stated that ‘austerity is coming to an end – but discipline will remain’. He also promised a ‘double deal dividend’ if…

Wilton Acquire Pension Book of Greyfriars Asset Management LLP

  London, United Kingdom – Wilton, the Mayfair adviser, is pleased to announce that their pensions services arm, Hartley, has recently acquired the pension book of Leicester-based Greyfriars Asset Management LLP for an undisclosed sum. The agreement will add almost…

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Unexplained Wealth Orders – Criminal Finances Act 2017

The Criminal Finances Act 2017 introduced Unexplained Wealth Orders (UWOs): they came into effect from 31 January 2018.   The National Crime Agency issued orders against two properties, one in London and one in the South East of England ,…

Wilton Client Reach Financial Milestone With IPO Offering

  Wilton are an independent professional services firm headquartered in the heart of London’s Mayfair. We pride ourselves on creating long-standing relationships with our clients. One such client of ours, Farfetch, a giant among the online fashion retail industry, have today…

September 2018 Tax News

HMRC warning: time to declare offshore assets HMRC is warning that taxpayers could face penalties if they fail to declare their income on foreign assets before new ‘Requirement to Correct’ legislation comes into force. Click here for the full story…

Spring Statement Summary 2018

The Chancellor Philip Hammond presented his first Spring Statement on Tuesday 13 March 2018. In his speech he provided an update on the economy and responded to the Office for Budget Responsibility forecasts. In addition he launched consultations on various…

Wilton Budget Summary Autumn 2017

The Chancellor of the Exchequer, Philip Hammond, made his first Budget of the new parliament to the House of Commons on Wednesday 22 November. Alongside announcements on the NHS, housing and Brexit we will see changes to EIS investments, a…

General Data Protection Regulation 2016

What is the GDPR? On 25 May 2018, the European Parliament, the Council of the European Union and the European Commission will implement the General Data Protection Regulation 2016 (“GDPR”) across all countries in the EU (the UK Government has…

The Criminal Finances Act 2017

The Criminal Finances Act 2017 (the “Act”) is expected to come into force autumn 2017. The Act will cover two new corporate offences designed to ensure that companies and partnerships undertake necessary procedures to prevent employees facilitating tax evasion. Tax…

Irish Budget Overview

The details were set out by Ireland’s Minister for Finance on Tuesday 10th October 2017 The total budget adjustment for 2017 is €1.3 billion, weighted at about 3:1 between spending increases and taxation cuts. Corporation tax rate will remain at…

Isle Of Man – Beneficial Ownership ACT 2017

The Isle of Man Beneficial Ownership Act 2017 (the “Act”) and the central database of beneficial ownership are now live. The Act has been introduced in response to the global initiative to improve transparency as to asset ownership and control,…

Ireland – Register of Beneficial Owners

As a result of the 4th EU Anti-Money Laundering Directive (AMLD4), all EU Member States are required to put into national law provisions in respect of beneficial ownership information for corporate and legal entities. As a result of AMLD4, on…

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