THURSDAY, 17 AUG 2017

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
GloriaJeans_266x90px
IMH LTD

Harris Georgiades Hails Strong Economic Growth

Anastasiades Meets With Turkish Occupied Pyroi Council

IMH LTD
MTN_07/07-10/04_468x60px

BUSINESS

brought to you by Deloitte

The New 40% UK Inheritance Tax for Non-Residents

The New 40% UK Inheritance Tax for Non-Residents

The Brexit vote could affect the UK economy and more specifically the Real Estate Market. The new UK Inheritance Tax could also affect all Real Estate owners that do not reside in the UK. From April 2017, even UK residential property held through an offshore company will fall within the UK inheritance tax charges. Consulco Group of companies organises an event to discuss the above and present solutions and opportunities on the general topic of ‘London Property Outlook After Brexit’ which will take place on Tuesday, 28 March at 4pm at the Hilton Cyprus Hotel.

 

Janet Paterson, Director at Charter Tax Consulting Ltd, will deliver a presentation on ‘UK Inheritance Tax: Major Developments affecting non-UK Investors’. She will analyse the new changes and impacts of the UK Inheritance Tax both to offshore companies and private owners. Furthermore, she will suggest alternatives for mitigating the impact in the UK and Cyprus. Janet Paterson established Charter Tax Consulting Ltd in 2009. Janet is a specialist in international aspects of UK taxation and she has been at the forefront of the April 2017 UK tax regime changes as she forms part of the HMRC Treasury working group to discuss and review the impact of these changes. Charter Tax Consulting Ltd is now an accountancy firm lead by Janet, providing a full range of tax and accountancy services.

 

Additionally, Panikos Tsailis, Tax Consultant, will deliver a presentation on ‘Tax and other considerations for Cypriots or other nationals wishing to invest in the London Real Estate market’. He will focus on Cyprus tax treatment for Cyprus resident corporations, individuals and trusts, owing UK real estate. Panikos Tsailis was educated in the UK. He is Fellow of the Chartered Association of Certified Accountants (FCCA). He returned to Cyprus in 1979 and joined Coopers and Lybrand a legacy firm of PwC. He became immediately head of Tax and Legal services and held that position up to a few months before his retirement from PwC in 31 March 2013. During his career he advised the Government of Cyprus on two major tax reforms and on other tax matters. He also advised the Government during the EU negotiations. He is a member of the double tax treaties negotiating team of the Ministry of Finance of the Cyprus Government. He was a Council member of the Institute of Certified Public Accountants of Cyprus (ICPAC) for 12 years, two of which he was the president. He was also a member of the tax committee of ICPAC for more than 30 years and was president of the committee for many years. As from March 2013 he is freelance tax consultant. He has a tax training consulting engagement with a professional firm of accountants. He also lectures at Globaltraining- University of Nicosia on European Taxation.

 

For the further details, click here.

 

Organiser: Consulco

Secretariat: IMH

For further information contact: IMH, tel. 22505555, fax: 22679820, events@imhbusiness.com, www.imhbusiness.com

MORE ON BUSINESS

Transocean in US$3.4 Bn Songa Takeover

Major offshore drilling contractor Transocean has moved to purchase Cyprus-headquartered ...

Extending Working Lives Could Increase OECD GDP by $2 Trillion

OECD countries could add around $2 trillion to their total gross domestic product (GDP) ...

Petrolina Opens First Licensed Autogas Station in Cyprus

Petrolina is the first company in Cyprus to secure all necessary permits for the ...

FROM AROUND GOLDNEWS

   

UK Exporters' Confidence Softens

The British Chambers of Commerce said on Thursday, August 17 that exporters' confidence has softened slightly, due to concerns about currency fluctuations ...
   

Being the Best

Limassol-based Columbia Shipmanagement and Marlow Navigation, two of the largest ship management firms in the world, have announced their intention to ...
   

GOLD Magazine: 80 Leading Law Firms in Cyprus

The Cyprus Bar Association has over 3,000 registered members, many of whom work in more than 220 limited liability law firms throughout the island and, since ...
   

Russia, UK, France and China Express Their Support for a Cyprus Solution

Russia, China, France and the United Kingdom have expressed their support for a solution that would reunify Cyprus, Cyprus News Agency reports.  Their ...
   

Anastasiades Meets With Turkish Occupied Pyroi Council

The Community Council of the Turkish occupied village of Pyroi, in Nicosia district, visited on Wednesday the Presidential Palace and the Parliament and handed ...
   

Eurostat: GDP Up By 0.6% in Euro Area and EU28 in Q2 2017

Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the second quarter of 2017, compared with the previous quarter, according ...
   

Transocean in US$3.4 Bn Songa Takeover

Major offshore drilling contractor Transocean has moved to purchase Cyprus-headquartered Songa Offshore in a US$3.4 billion deal, the two companies announced ...
   

UN: Parties in Cyprus Should Make a Decision on the Way Forward

The parties in Cyprus are in a period of reflection, the United Nations said, adding that the UNSG will make a decision on the way forward in due course. ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Deloitte_2016_300x250px
Gold_Issue_300x250px

IMH LTD