http://www.step.org Policy and Technical en-gb Wed, 22 May 2013 04:52:16 GMT © STEP Worldwide Ltd 15 http://www.step.org http://www.step.org/images/rssnews.gif International consultations, policy briefings and technical statements. http://www.step.org/policy_and_technical/worldwide_policy.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy.aspx?lang=en-gb Tue, 08 Dec 2009 11:03:00 GMT Jeff Claudius International consultations, policy briefings and technical statements 2013. http://www.step.org/policy_and_technical/worldwide_policy/2013.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2013.aspx?lang=en-gb Fri, 25 Jan 2013 11:15:00 GMT Jeff Claudius STEP EU Committee Chair addresses JURI Committee, January 2013 http://www.step.org/policy_and_technical/worldwide_policy/2013/step_eu_committee_chair_addres.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2013/step_eu_committee_chair_addres.aspx?lang=en-gb Fri, 25 Jan 2013 11:43:00 GMT Jeff Claudius This section will be updated monthly to inform members of issues which the STEP Policy Team are working on. http://www.step.org/policy_and_technical/worldwide_policy/2013/monthly_international_policy_u.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2013/monthly_international_policy_u.aspx?lang=en-gb Thu, 08 Apr 2010 11:53:00 GMT Jeff Claudius International consultations, policy briefings and technical statements 2012. http://www.step.org/policy_and_technical/worldwide_policy/2012.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2012.aspx?lang=en-gb Thu, 26 Jul 2012 10:27:00 GMT Scott Devine The focus is now moving to abusive tax avoidance schemes http://www.step.org/policy_and_technical/worldwide_policy/2012/tax_avoidance_5_point_plan.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2012/tax_avoidance_5_point_plan.aspx?lang=en-gb Thu, 26 Jul 2012 10:30:00 GMT Scott Devine This service is being launched to support STEP members and private client practitioners as they work to understand the levels of risk and return being employed by investment managers when advising trustees and practitioners on their client investment strategies and needs http://www.step.org/policy_and_technical/worldwide_policy/2012/dh_explains_tmpi_service.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2012/dh_explains_tmpi_service.aspx?lang=en-gb Mon, 05 Nov 2012 11:00:00 GMT Scott Devine International consultations, policy briefings and technical statements 2011 http://www.step.org/policy_and_technical/worldwide_policy/2011.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2011.aspx?lang=en-gb Tue, 25 Jan 2011 12:15:00 GMT Scott Devine European Commission Consultation on policy options for progress towards a European Contract Law for consumers and businesses http://www.step.org/policy_and_technical/worldwide_policy/2011/ec_consult_eu_contract_law.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2011/ec_consult_eu_contract_law.aspx?lang=en-gb Tue, 25 Jan 2011 12:18:00 GMT Scott Devine International consultations, policy briefings and technical statements 2010. http://www.step.org/policy_and_technical/worldwide_policy/2010.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2010.aspx?lang=en-gb Thu, 08 Apr 2010 11:50:00 GMT Scott Devine Isle of Man Zero 10 consultation http://www.step.org/policy_and_technical/worldwide_policy/2010/isle_of_man_zero_10_consultati.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2010/isle_of_man_zero_10_consultati.aspx?lang=en-gb Fri, 13 Aug 2010 15:13:00 GMT Lucia DAvella STEP held this Symposium on October 19 2010 at the Hilton Park Lane Hotel in London UK. Includes slides used in address by Pascal Saint-Amans, Head of the Global Forum on Transparency & Exchange of Information for Tax Purposes, OECD. http://www.step.org/policy_and_technical/worldwide_policy/2010/step_symposium_-_transparency.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2010/step_symposium_-_transparency.aspx?lang=en-gb Fri, 22 Oct 2010 16:48:00 GMT Lucia DAvella International consultations, policy briefings and technical statements 2009. http://www.step.org/policy_and_technical/worldwide_policy/2009.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009.aspx?lang=en-gb Fri, 11 Dec 2009 10:41:00 GMT James Baverstock STEP have prepared a document outlining what a TIEA is which will be updated as changes in OECDG20 policy dictate. http://www.step.org/policy_and_technical/worldwide_policy/2009/what_is_a_tiea.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/what_is_a_tiea.aspx?lang=en-gb Thu, 01 Oct 2009 09:55:00 GMT James Baverstock World leaders met for the G20 in London. Much attention was given to international financial centres (IFCs). Key points were that the OECD would develop a list of jurisdictions that should meet international "prudential, tax and AMLCTF" standards. http://www.step.org/policy_and_technical/worldwide_policy/2009/the_g20_step_briefing.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/the_g20_step_briefing.aspx?lang=en-gb Fri, 03 Apr 2009 10:55:00 GMT James Baverstock The G20 today has discussed the need for better regulation of cross-border financial services. STEP believes that the G20 leaders should work with the private sector to improve the regulation of cross-border financial services globally and to universally agreed standards. http://www.step.org/policy_and_technical/worldwide_policy/2009/step_statement_on_the_g20.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/step_statement_on_the_g20.aspx?lang=en-gb Thu, 02 Apr 2009 11:11:00 GMT James Baverstock Senator Baucus Bill STEP Briefing on recent developments in the US Houses of Congress. http://www.step.org/policy_and_technical/worldwide_policy/2009/us_legislative_developments.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/us_legislative_developments.aspx?lang=en-gb Wed, 25 Mar 2009 11:23:00 GMT James Baverstock Attached is a submission by STEP's Public Policy Committee in response to the OECD's HNWI Project. http://www.step.org/policy_and_technical/worldwide_policy/2009/oecd_hnwi_project.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/oecd_hnwi_project.aspx?lang=en-gb Tue, 17 Feb 2009 11:35:00 GMT James Baverstock Attached is a STEP briefing on proposals for a new Mutual Assistance Directive put forward by the European Commission. http://www.step.org/policy_and_technical/worldwide_policy/2009/mutual_assistance_directive.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/mutual_assistance_directive.aspx?lang=en-gb Fri, 06 Feb 2009 11:43:00 GMT James Baverstock John Carrell highlights two disclosure facilities, consdiering the need to choose between the two, a choice that has to be made by the end of November 2009. http://www.step.org/policy_and_technical/worldwide_policy/2009/the_ndo_and_the_ldf.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/the_ndo_and_the_ldf.aspx?lang=en-gb Wed, 18 Nov 2009 09:44:00 GMT James Baverstock The Society of Trust and Estate Practitioners (STEP), the worldwide professional body for practitioners in the fields of trusts and estates, today welcomed the release of Michael Foots review for the UK Treasury of the long-term opportunities facing the British Crown Dependencies and Overseas Territories as financial centres The report highlights the significant positive contribution these jurisdictions make to the liquidity of the UK market, providing net financing to UK banks of $332.5 billion in Q2 2009 It also acknowledges that most jurisdictions in the developed world seek to make their tax regimes internationally competitive http://www.step.org/policy_and_technical/worldwide_policy/2009/release_of_foot_review.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2009/release_of_foot_review.aspx?lang=en-gb Thu, 29 Oct 2009 10:00:00 GMT Scott Devine International consultations, policy briefings and technical statements 2008 http://www.step.org/policy_and_technical/worldwide_policy/2008.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2008.aspx?lang=en-gb Fri, 11 Dec 2009 12:05:00 GMT James Baverstock STEP response to the recent Ministry of Justice consultation on EU Wills and Succession. http://www.step.org/policy_and_technical/worldwide_policy/2008/moj_consultation_on_eu_wills.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2008/moj_consultation_on_eu_wills.aspx?lang=en-gb Mon, 22 Sep 2008 12:08:00 GMT James Baverstock Guide to the Israeli Taxation of Trusts, prepared for clients and prospective clients of Anglo Capital Limited and distributed in association with STEP Jerusalem Branch. 3rd edition July 2008 http://www.step.org/policy_and_technical/worldwide_policy/2008/israeli_taxation_of_trusts.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2008/israeli_taxation_of_trusts.aspx?lang=en-gb Tue, 05 Aug 2008 12:22:00 GMT James Baverstock Attached is a policy briefing on the EU Savings Directive. STEP EU Savings Directive Briefing http://www.step.org/policy_and_technical/worldwide_policy/2008/eu_savings_tax_directive.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2008/eu_savings_tax_directive.aspx?lang=en-gb Fri, 24 Oct 2008 11:57:00 GMT James Baverstock STEP has published the speech by The Right Honourable Lord Robert Walker of Gestingthorpe to STEP Jersey. http://www.step.org/policy_and_technical/worldwide_policy/2008/step_jersey_lecture_by_lord_wa.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2008/step_jersey_lecture_by_lord_wa.aspx?lang=en-gb Tue, 24 Nov 2009 11:42:00 GMT James Baverstock International consultations, policy briefings and technical statements 2007. http://www.step.org/policy_and_technical/worldwide_policy/2007.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2007.aspx?lang=en-gb Thu, 11 Feb 2010 14:50:00 GMT James Baverstock A briefing put together by Stikeman Elliott LLP. It contains crucial international updates for Canadian multinationals with subsidiaries in OFCs which do not have TIEAs with Canada http://www.step.org/policy_and_technical/worldwide_policy/2007/canadian_budget_2007.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2007/canadian_budget_2007.aspx?lang=en-gb Tue, 24 Nov 2009 14:16:00 GMT James Baverstock International consultations, policy briefings and technical statements 2006. http://www.step.org/policy_and_technical/worldwide_policy/2006.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2006.aspx?lang=en-gb Thu, 11 Feb 2010 14:50:00 GMT James Baverstock International consultations, policy briefings and technical statements 2005. http://www.step.org/policy_and_technical/worldwide_policy/2005.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2005.aspx?lang=en-gb Fri, 11 Dec 2009 12:33:00 GMT James Baverstock STEP comments on EU proposals for a succession directive. http://www.step.org/policy_and_technical/worldwide_policy/2005/eu_succession_directive.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2005/eu_succession_directive.aspx?lang=en-gb Thu, 15 Dec 2005 12:34:00 GMT James Baverstock The EU issued a green paper in March 2005 on the subject of wills and succession. In Europe where people are free to travel, work and live, and where people of different nationalities marry it is important that there are adequate rules in place to deal with inheritance issues. http://www.step.org/resources/policy_and_technical/worldwide_policy/2005/eu_wills_and_succession.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/worldwide_policy/2005/eu_wills_and_succession.aspx?lang=en-gb Wed, 09 Mar 2005 13:29:00 GMT James Baverstock Summary Briefing on 3rd EU Anti Money Laundering Directive. http://www.step.org/policy_and_technical/worldwide_policy/2005/step_lobbies_brussels.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2005/step_lobbies_brussels.aspx?lang=en-gb Sat, 03 Sep 2005 13:43:00 GMT James Baverstock International consultations, policy briefings and technical statements 2004. http://www.step.org/policy_and_technical/worldwide_policy/2004.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2004.aspx?lang=en-gb Fri, 11 Dec 2009 13:54:00 GMT James Baverstock STEP's initial comments on the 3rd EU Money Laundering Directive - 18 June 2004 http://www.step.org/policy_and_technical/worldwide_policy/2004/money_laundering_directive.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2004/money_laundering_directive.aspx?lang=en-gb Thu, 30 Sep 2004 13:55:00 GMT James Baverstock This document has been issued by STEP as a discussion document for the purposes of consulting with all parties interested in anti-money laundering and trusts. http://www.step.org/policy_and_technical/worldwide_policy/2004/trusts__anti-money_laundering.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2004/trusts__anti-money_laundering.aspx?lang=en-gb Fri, 04 Jun 2004 14:09:00 GMT James Baverstock International consultations, policy briefings and technical statements 2003. http://www.step.org/resources/policy_and_technical/worldwide_policy/2003.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/worldwide_policy/2003.aspx?lang=en-gb Fri, 11 Dec 2009 14:18:00 GMT James Baverstock The EU has come to a final agreement over the Tax package and the official version of the Directive is now available. http://www.step.org/policy_and_technical/worldwide_policy/2003/eu_savings_tax_agreement.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2003/eu_savings_tax_agreement.aspx?lang=en-gb Thu, 26 Jun 2003 14:19:00 GMT James Baverstock Revised 2003 FATF Recommendations - published on 20 June 2003. http://www.step.org/policy_and_technical/worldwide_policy/2003/2003_fatf_recommendations.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2003/2003_fatf_recommendations.aspx?lang=en-gb Mon, 23 Jun 2003 14:36:00 GMT James Baverstock US Swiss Tax Treaty June 2003 (this has not yet been ratified). http://www.step.org/policy_and_technical/worldwide_policy/2003/us_-_swiss_tax_treaty.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2003/us_-_swiss_tax_treaty.aspx?lang=en-gb Tue, 04 Mar 2003 14:44:00 GMT James Baverstock Information regarding the Financial Action Task Force's review of the 40 Anti-money laundering recommendations and STEP's comments on the review and of the FATF Forum in October 2002. http://www.step.org/policy_and_technical/worldwide_policy/2003/fatf_review.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2003/fatf_review.aspx?lang=en-gb Fri, 10 Jan 2003 14:54:00 GMT Rebecca International consultations, policy briefings and technical statements 2002. http://www.step.org/policy_and_technical/worldwide_policy/2002.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2002.aspx?lang=en-gb Fri, 11 Dec 2009 15:12:00 GMT James Baverstock STEP Worldwide has responded to the OECD publication Behind the corporate veil: Using Corporate Entities for Illicit Purposes (2001) and the FATF Review of the 40 Recommendations (2002) with the publication of Towards a level playing field. http://www.step.org/policy_and_technical/worldwide_policy/2002/regulating_corporate_vehicles.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2002/regulating_corporate_vehicles.aspx?lang=en-gb Wed, 10 Jul 2002 15:13:00 GMT Rebecca Useful links to the OECD's Harmful tax initiative Organisation for Economic Co-operation and Development. http://www.step.org/policy_and_technical/worldwide_policy/2002/links_to_useful_sites_-_oecd.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2002/links_to_useful_sites_-_oecd.aspx?lang=en-gb Fri, 24 May 2002 15:55:00 GMT James Baverstock The latest on the OECD's Harmful Tax Initiative. http://www.step.org/policy_and_technical/worldwide_policy/2002/whats_new_-_oecd_tax_agenda.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2002/whats_new_-_oecd_tax_agenda.aspx?lang=en-gb Fri, 24 May 2002 16:05:00 GMT James Baverstock Background summary and documents relating to the OECD's harmful tax initiative. http://www.step.org/policy_and_technical/worldwide_policy/2002/background_-_oecd_tax_agenda.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2002/background_-_oecd_tax_agenda.aspx?lang=en-gb Fri, 24 May 2002 16:21:00 GMT James Baverstock The new study, Towards a Level Playing Field is available online A new study, Towards a Level Playing Field , undertaken by law firm Stikeman Elliott for STEP and the International Tax and Investment Organisation (ITIO) was published on 24 September 2002. http://www.step.org/policy_and_technical/worldwide_policy/2002/towards_a_level_playing_field.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/2002/towards_a_level_playing_field.aspx?lang=en-gb Wed, 25 Nov 2009 15:03:00 GMT James Baverstock Formal submissions to government and regulators on technical issues affecting STEP members in New Zealand. http://www.step.org/policy_and_technical/worldwide_policy/new_zealand_policy_issues.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/new_zealand_policy_issues.aspx?lang=en-gb Tue, 26 Oct 2010 17:14:00 GMT Scott Devine After last years success, the 2012 initiative is committed to helping Trust Companies measure their business performance and meet the ongoing challenges of the Trust industry http://www.step.org/policy_and_technical/worldwide_policy/step_tcbs_2012.aspx?lang=en-gb http://www.step.org/policy_and_technical/worldwide_policy/step_tcbs_2012.aspx?lang=en-gb Thu, 08 Mar 2012 12:34:00 GMT Scott Devine Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. Members should note that not all consultations affect all jurisdictions. http://www.step.org/policy_and_technical/uk_policy.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy.aspx?lang=en-gb Tue, 08 Dec 2009 11:03:00 GMT Jeff Claudius This page will be updated monthly to reflect areas of UK policy currenly being worked on. http://www.step.org/resources/policy_and_technical/uk_policy/monthly_uk_policy_update.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/monthly_uk_policy_update.aspx?lang=en-gb Thu, 08 Apr 2010 11:54:00 GMT Scott Devine STEP England & Wales Briefing Notes have been developed by the UK Practice Committee to make members aware of recent developments that might affect them and clarify any issues where there has been confusion. http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin.aspx?lang=en-gb Tue, 02 Nov 2010 15:42:00 GMT Scott Devine With effect from 6 April 2010 the Finance Act 2009 increased the trust rate to 50% from 40% and the dividend trust rate from 32.5% to 42.5%. This STEP briefing note looks at the implications for practitioners. http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/trusts_-_50_income_tax_rate.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/trusts_-_50_income_tax_rate.aspx?lang=en-gb Tue, 02 Nov 2010 15:42:00 GMT Jeff Claudius The Perpetuities & Accumulations Act 2009 came into force on 6 April 2010. It simplifies the rules against perpetuities and accumulations of income and will make drafting wills and trusts easier. http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/perpetuities_and_accumulations.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/perpetuities_and_accumulations.aspx?lang=en-gb Wed, 16 Mar 2011 10:13:00 GMT Jeff Claudius The 2010-11 tax year ended on 5 April 2011. As in every tax year, there are some things a prudent taxpayer should do to make full use of annual allowances. http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/tax_planning_before_5_april.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/tax_planning_before_5_april.aspx?lang=en-gb Mon, 21 Mar 2011 14:26:00 GMT Scott Devine This STEP Briefing Note sets out some issues to consider when a personal representative hires a genealogist to find heirs. http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/genealogists_fees.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/genealogists_fees.aspx?lang=en-gb Thu, 07 Jul 2011 10:46:00 GMT Jeff Claudius This STEP Briefing Note looks into current issues around Instruments of Variation. http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/instruments_of_variation.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/step_england_and_wales_briefin/instruments_of_variation.aspx?lang=en-gb Tue, 21 Feb 2012 16:38:00 GMT Jeff Claudius Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2013.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2013.aspx?lang=en-gb Tue, 26 Feb 2013 15:37:00 GMT Scott Devine The Senior District Judge of the Family Division issued a Practice Direction on 30 January 2013 enabling the incorporation of the STEP Standard Provisions Second Edition into wills by reference. http://www.step.org/policy_and_technical/uk_policy/2013/ssp2_practice_direction.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2013/ssp2_practice_direction.aspx?lang=en-gb Tue, 26 Feb 2013 15:39:00 GMT Scott Devine Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2012.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2012.aspx?lang=en-gb Thu, 05 Jan 2012 13:10:00 GMT Scott Devine Funding of Care and Support home fees http://www.step.org/policy_and_technical/uk_policy/2012/funding_care_home_costs.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2012/funding_care_home_costs.aspx?lang=en-gb Thu, 05 Jan 2012 13:11:00 GMT Rebecca HMRC are introducing a change to their procedure for dealing with compliance checks for IHT 400s. http://www.step.org/policy_and_technical/uk_policy/2012/hmrc_iht_400_procedure.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2012/hmrc_iht_400_procedure.aspx?lang=en-gb Wed, 11 Jul 2012 16:25:00 GMT Scott Devine Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2011.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2011.aspx?lang=en-gb Mon, 10 Jan 2011 16:43:00 GMT Scott Devine The STEP UK Technical Committee submitted this responseto the interim report on the review of tax reliefs issued by the Office of Tax Simplification in December last year We consider that tax reliefs are only part of the picture, and simplification of the tax system will not be achieved by looking at tax reliefs in isolation without undertaking a coherent review of the rationale behind and structure of each area of tax law and considering how the various different taxes interact in relation to that area http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_ots_report.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_ots_report.aspx?lang=en-gb Mon, 10 Jan 2011 16:45:00 GMT Scott Devine STEP welcomed the opportunity to comment on the draft legislation published on 9 December 2010 which is intended to comprise of a new Part 7A of ITEPA 2003 30 January 2009The EU announced yesterday it would challenge the UK's inheritance tax reliefs for agriculture and forestry http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_disguised_rem.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_disguised_rem.aspx?lang=en-gb Mon, 21 Mar 2011 11:23:00 GMT Scott Devine We particularly welcomed the fact that the draft measures had been published well in advance of their intended implementation date http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_hmrc_modernis.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_hmrc_modernis.aspx?lang=en-gb Mon, 21 Mar 2011 11:24:00 GMT Scott Devine STEP welcomed the opportunity to comment on the draft legislation published on 9 December 2010 in relation to tainted charity donations http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_tainted_chari.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2011/step_response_to_tainted_chari.aspx?lang=en-gb Mon, 21 Mar 2011 11:26:00 GMT Scott Devine Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2010.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010.aspx?lang=en-gb Wed, 03 Mar 2010 15:00:00 GMT Lucia DAvella The STEP UK Technical Committee has submitted this response to the consultation on the Modernising Powers, Deterrents and Safeguards:Working with Tax Agents which was issued on 9 December 2009 Modernising Powers, Deterrents and Safeguards Working with Tax Agents:The Next Stage published 9 December 2009 Latest News Related Links Useful Documents http://www.step.org/policy_and_technical/uk_policy/2010/modernising_powers,_deterrents.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/modernising_powers,_deterrents.aspx?lang=en-gb Wed, 03 Mar 2010 15:07:00 GMT James Baverstock STEP welcomed the opportunity to respond to the Law Commissions Consultation paper no 191 on Intestacy and Family Provision Claims on Death STEP would like to thank Gill Steel for her efforts with this consultation. Law Commission Consultation paper no 191 on Intestacy and Family Provision Claims on Death http://www.step.org/policy_and_technical/uk_policy/2010/law_comm_consultation_paper191.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/law_comm_consultation_paper191.aspx?lang=en-gb Tue, 09 Mar 2010 14:09:00 GMT James Baverstock The STEP UK Technical Committee has submitted this response to the consultation on theModernising Powers, Deterrents and Safeguards:Tackling Offshore Tax Evasion which was issued on 9 December 2009. Modernising Powers, Deterrents and Safeguards: Tackling Offshore Tax Evasion http://www.step.org/policy_and_technical/uk_policy/2010/modernising_powers,_deterren-1.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/modernising_powers,_deterren-1.aspx?lang=en-gb Tue, 09 Mar 2010 14:51:00 GMT James Baverstock Response from the Society of Trust and Estate Practitioners to the consultation on the regulating of non-lawyer will writers plus a Respondent Informatiomn Form. Regulating Non Lawyers The Scottish Government - Respondent Information Form http://www.step.org/policy_and_technical/uk_policy/2010/response_to_the_scottishgover.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/response_to_the_scottishgover.aspx?lang=en-gb Fri, 12 Mar 2010 17:13:00 GMT James Baverstock We are making changes that we believe will improve the services and support we provide to agents dealing with Trusts and Estates We hope that by working together, the changes do not cause problems on either side Our aim is that, whilst working with the resources available to us, we can find ways to improve your access to our support and our interaction with agents http://www.step.org/policy_and_technical/uk_policy/2010/changes_in_hmrc_trusts_and_est.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/changes_in_hmrc_trusts_and_est.aspx?lang=en-gb Mon, 29 Mar 2010 14:43:00 GMT James Baverstock STEP has published the responseof the UK Technical Committee to the draft legislation on "Working with Tax Agents" published by HMRC in February. Modernising Powers, Deterrents and Safeguards Working with Tax Agents: The Next Stage, draft legislation issued on 8 February 2010 http://www.step.org/policy_and_technical/uk_policy/2010/hmrc_response.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/hmrc_response.aspx?lang=en-gb Wed, 28 Apr 2010 09:11:00 GMT James Baverstock STEP response to Fit and Proper Persons consultation http://www.step.org/policy_and_technical/uk_policy/2010/step_response_to_hmrc_fit_and.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/step_response_to_hmrc_fit_and.aspx?lang=en-gb Mon, 14 Jun 2010 14:27:00 GMT James Baverstock The STEP UK Technical Committee has submitted its response to the Ministry of Justice consultation on the Trusts (Capital and Income) Bill. STEP welcomes the proposed disapplication of the apportionment rules In relation to the proposed simplification of the treatment of corporate receipts on demergers, STEP feels that thedefinition ofcorporate receipts which would qualify ascapital receipts in the hands of trustees should not be dependant on those receipts being tax-exempt and has proposed a wider test. http://www.step.org/policy_and_technical/uk_policy/2010/ministry_of_justice_consultat.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/ministry_of_justice_consultat.aspx?lang=en-gb Tue, 29 Jun 2010 13:24:00 GMT Daniela Marucchi-Chierro STEP has produced a submission to a further HMRC consulationon revised guidance on the fit and proper persontest proposedfor charity managers. http://www.step.org/policy_and_technical/uk_policy/2010/step_response_to_further_hmrc.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/step_response_to_further_hmrc.aspx?lang=en-gb Mon, 05 Jul 2010 16:41:00 GMT James Baverstock STEP UK Technical committee has produced a submission to the HM Treasury on the discussion paper on "Tax Policy making: a new approach" http://www.step.org/policy_and_technical/uk_policy/2010/step_response_to_hm_treasury_d.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/step_response_to_hm_treasury_d.aspx?lang=en-gb Tue, 21 Sep 2010 16:04:00 GMT James Baverstock The STEP UK Technical Committee submitted this response to the recent consultation on Inheritance Tax Disclosure DOTAS represents a flawed response to the real issue which arose from the 2006 inheritance tax policy changes which mean that gifts to trusts are taxed more severely than lifetime gifts to individuals http://www.step.org/policy_and_technical/uk_policy/2010/inheritance_tax_disclosure.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2010/inheritance_tax_disclosure.aspx?lang=en-gb Mon, 08 Nov 2010 13:05:00 GMT Lucia DAvella Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2009.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009.aspx?lang=en-gb Fri, 11 Dec 2009 16:36:00 GMT James Baverstock STEP has submittted a response to the UK Treasury's Review of the Money Laundering Regulations. http://www.step.org/policy_and_technical/uk_policy/2009/response_to_hmt_review.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/response_to_hmt_review.aspx?lang=en-gb Thu, 10 Dec 2009 16:38:00 GMT James Baverstock The STEP UK Technical Committee has submitted the following response to the consultation on the draft guidance on offshore funds published on 2 October 2009. http://www.step.org/resources/policy_and_technical/uk_policy/2009/offshore_funds_response.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2009/offshore_funds_response.aspx?lang=en-gb Mon, 16 Nov 2009 17:01:00 GMT James Baverstock STEP submitted the attached response to the Second Technical Consultation on Extra-Statutory Concessions document, which was issued on 15 July 2009. http://www.step.org/policy_and_technical/uk_policy/2009/extra-statutory_concessions.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/extra-statutory_concessions.aspx?lang=en-gb Tue, 20 Oct 2009 17:12:00 GMT James Baverstock Advice on defamation - the difference between defamation and libel and their meanings under English Law. http://www.step.org/policy_and_technical/uk_policy/2009/advice_on_defamation.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/advice_on_defamation.aspx?lang=en-gb Mon, 19 Oct 2009 17:22:00 GMT James Baverstock The Association of British Insurers is pressing for the proceeds of life insurance policies to be made immediately available to beneficiaries at death, instead of making them wait for probate. http://www.step.org/resources/policy_and_technical/uk_policy/2009/life_policy__probate_issues.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2009/life_policy__probate_issues.aspx?lang=en-gb Thu, 15 Oct 2009 09:40:00 GMT James Baverstock STEP recently submitted the attached response to the HMRC Consultation: A Code of Practice on Taxation for Banks. http://www.step.org/policy_and_technical/uk_policy/2009/taxation_for_banks.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/taxation_for_banks.aspx?lang=en-gb Thu, 24 Sep 2009 09:49:00 GMT James Baverstock STEP recently submitted the attached response to the HMRC Consultation: Modernising Powers, Deterrents and Safeguards: Working with Tax Agents" http://www.step.org/resources/policy_and_technical/uk_policy/2009/working_with_tax_agents.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2009/working_with_tax_agents.aspx?lang=en-gb Tue, 04 Aug 2009 09:55:00 GMT James Baverstock STEP's Finance Bill 2009 representations. http://www.step.org/policy_and_technical/uk_policy/2009/step_budget_representations.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/step_budget_representations.aspx?lang=en-gb Wed, 01 Jul 2009 10:06:00 GMT James Baverstock The STEP UK Technical Committee submitted the attached response to the Law Commission Consultation Paper No 189 - the Illegality Defence earlier this year. http://www.step.org/policy_and_technical/uk_policy/2009/illegality_defence.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/illegality_defence.aspx?lang=en-gb Tue, 09 Jun 2009 10:13:00 GMT James Baverstock Attached are the new fixed costs practice Direction issued by the Court of Protection. http://www.step.org/policy_and_technical/uk_policy/2009/fixed_costs_practice_direction.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/fixed_costs_practice_direction.aspx?lang=en-gb Fri, 08 May 2009 10:21:00 GMT James Baverstock HM Revenue & Customs are developing toolkits to support agents which require feedback from STEP members. http://www.step.org/policy_and_technical/uk_policy/2009/capital_gains_tax_for_trusts.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/capital_gains_tax_for_trusts.aspx?lang=en-gb Fri, 24 Apr 2009 10:27:00 GMT James Baverstock The STEP UK Technical Committee recently submitted the attached response and suggested amendments to the draft guidance on the residence of trustees issued by HMRC on 27 January 2009. http://www.step.org/policy_and_technical/uk_policy/2009/residence_of_trustees.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/residence_of_trustees.aspx?lang=en-gb Mon, 27 Apr 2009 10:35:00 GMT James Baverstock STEP recently submitted the attached response to the draft legislation published in February 2009 as part of the HMRC Consultation: Modernising powers, deterrents and safeguards: Compliance checks: the next stage. http://www.step.org/policy_and_technical/uk_policy/2009/deterrent_and_safeguards.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/deterrent_and_safeguards.aspx?lang=en-gb Mon, 27 Apr 2009 10:42:00 GMT James Baverstock Attached is a case update by Simon Bruce of Farrer & Co Radmacher and Granatino in the Court of Appeal. http://www.step.org/policy_and_technical/uk_policy/2009/radmacher_and_granatino.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/radmacher_and_granatino.aspx?lang=en-gb Fri, 24 Apr 2009 10:48:00 GMT James Baverstock The STEP Standard Provisions were originally published in 1992 and following changes of trust and tax law since then and as a result of experience in using this first draft, it was felt that a second edition would be beneficial A draft has now been prepared by a committee, chaired by James Kessler QC, and comments are now sought at this consultative stage. http://www.step.org/policy_and_technical/uk_policy/2009/step_standard_provision.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/step_standard_provision.aspx?lang=en-gb Wed, 22 Apr 2009 10:56:00 GMT James Baverstock STEP UK Technical Committee has submitted the attached response to the Treasury consultation paper - Offshore funds: further steps. The response deals with the taxation of offshore income gains. http://www.step.org/policy_and_technical/uk_policy/2009/consultation_on_offshore_funds.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/consultation_on_offshore_funds.aspx?lang=en-gb Tue, 24 Feb 2009 11:04:00 GMT James Baverstock STEP submitted the attached response to this consultation document, which was issued in November, on 12 February 2009. STEP response on Payments, Repayments and Debts. http://www.step.org/policy_and_technical/uk_policy/2009/hmrc_consultation.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/hmrc_consultation.aspx?lang=en-gb Tue, 17 Feb 2009 11:14:00 GMT James Baverstock STEP filed a response to the HMRC consultation document issued in November 2008: Meeting the Obligations to File Returns and Pay Tax on Time: Consultation Responses and Refined Models on 12 February 2009. STEP also filed a response to the June 2008 consultation document on this issue in September 2008. http://www.step.org/policy_and_technical/uk_policy/2009/hmrc_consultation_file_returns.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/hmrc_consultation_file_returns.aspx?lang=en-gb Tue, 17 Feb 2009 11:23:00 GMT James Baverstock STEP filed a response to the HMRC consultation document issued in November 2008: Interest - working towards a harmonised regime on 10 February 2009. STEP also filed a response to the June 2008 consultation document on this issue in September 2008. http://www.step.org/policy_and_technical/uk_policy/2009/hmrc_consultation_on_interest.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/hmrc_consultation_on_interest.aspx?lang=en-gb Wed, 11 Feb 2009 11:45:00 GMT James Baverstock Attached is the response which STEP filed on 10 February 2009 to the HMRC consultation on Modernising Powers, Deterrents and Safeguards, Compliance Checks: the next stage. http://www.step.org/policy_and_technical/uk_policy/2009/compliance_checks.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/compliance_checks.aspx?lang=en-gb Wed, 11 Feb 2009 12:00:00 GMT James Baverstock The STEP UK Technical Committee submitted comments in December on the scope and structure of guidance on residence and domicile to replace IR20. http://www.step.org/policy_and_technical/uk_policy/2009/consultation_on_ir20.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/consultation_on_ir20.aspx?lang=en-gb Wed, 04 Feb 2009 12:07:00 GMT James Baverstock STEP Technical Committee recently responded to the consultation 'Extra-statutory Concessions Technical Consultation on draft Legislation' which deals with several extra-statutory concessions on aspects of IHT and capital gains tax. http://www.step.org/policy_and_technical/uk_policy/2009/extra-statutory_concessions-1.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/extra-statutory_concessions-1.aspx?lang=en-gb Wed, 04 Feb 2009 12:14:00 GMT James Baverstock STEP, with the Entreprise Forum, hosted a very successful fringe event on "Dignity in Retirement"at the Conservative Party Conference. http://www.step.org/policy_and_technical/uk_policy/2009/step_fringe_event_at_conservat.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2009/step_fringe_event_at_conservat.aspx?lang=en-gb Wed, 25 Nov 2009 13:10:00 GMT James Baverstock Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2008.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008.aspx?lang=en-gb Mon, 14 Dec 2009 12:21:00 GMT James Baverstock The WT committee has asked that the minutes of the meetings are put on the representative body websites so that the members can see them. http://www.step.org/policy_and_technical/uk_policy/2008/working_together_minutes.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/working_together_minutes.aspx?lang=en-gb Fri, 12 Dec 2008 12:21:00 GMT James Baverstock In the first of several planned briefing notes attached is a briefing on the passing of 2008 interim dividend. http://www.step.org/policy_and_technical/uk_policy/2008/2008_interim_dividend.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/2008_interim_dividend.aspx?lang=en-gb Mon, 24 Nov 2008 12:27:00 GMT James Baverstock Attached is STEP's submission to the HMRC consultation on substantial donors. http://www.step.org/policy_and_technical/uk_policy/2008/substantial_donor_rules.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/substantial_donor_rules.aspx?lang=en-gb Fri, 14 Nov 2008 12:33:00 GMT James Baverstock An article describing STEP's involvement in working towards a taxpayers' charter for the UK is attached. http://www.step.org/policy_and_technical/uk_policy/2008/taxpayers_charter.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/taxpayers_charter.aspx?lang=en-gb Thu, 30 Oct 2008 12:39:00 GMT James Baverstock Attached is an updated version of the Sch 20 letter originally posted on STEP website on 10 May 2007 (and republished in an amended from on 7 August 2008). Changes were made throughout on 3 October 2008 to reflect the provisions of section 141 FA 2008 and to add a note after HMRC's response to question 6 regarding whether an interest in possession arises where a beneficiary's entitlement to capital is deferred. http://www.step.org/policy_and_technical/uk_policy/2008/step__ciot_correspondence.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/step__ciot_correspondence.aspx?lang=en-gb Wed, 22 Oct 2008 12:45:00 GMT James Baverstock STEP is collaborating with the University of Frankfurt, where Michael Hague is looking at UK capital taxes and their impact on business A number of STEP members have already completed this survey, which will go towards his doctoral research but we hope some more may be willing to do so. http://www.step.org/policy_and_technical/uk_policy/2008/research_on_uk_capital_taxes.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/research_on_uk_capital_taxes.aspx?lang=en-gb Tue, 03 Jun 2008 12:53:00 GMT James Baverstock Members of the STEP Technical Committee attended a meeting with HMRC on 20 March 2008 at which HMRC responded to some of the questions which had been raised following the Budget in relation to the new rules on trusts and the taxation of non-domiciliaries. http://www.step.org/policy_and_technical/uk_policy/2008/taxation_of_non-domiciliaries.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/taxation_of_non-domiciliaries.aspx?lang=en-gb Wed, 26 Mar 2008 12:59:00 GMT James Baverstock After extensive lobbying on numerous fronts, this Budget has seen a softening of the proposed new regime regarding offshore trusts, in addition to certain other welcome amendments to the position for residency and the £30,000 levy. http://www.step.org/policy_and_technical/uk_policy/2008/uk_budget_2008_non-dom_tax.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/uk_budget_2008_non-dom_tax.aspx?lang=en-gb Thu, 13 Mar 2008 13:40:00 GMT James Baverstock The STEP UK Technical Committee has now responded to the consultation paper 'Paying a fairer share: a consultation on residence and domicile' issued in December 2007. http://www.step.org/resources/policy_and_technical/uk_policy/2008/residence_and_domicile.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2008/residence_and_domicile.aspx?lang=en-gb Thu, 06 Mar 2008 13:49:00 GMT James Baverstock As part of the ongoing consultation process representatives of the STEP UK Technical Committee attended two meetings during the week beginning 11 February 2008 This note sets out our understanding of HMRC's intentions (as expressed at those meetings) regarding some of the matters discussed. http://www.step.org/policy_and_technical/uk_policy/2008/residence_and_domicile_rules.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/residence_and_domicile_rules.aspx?lang=en-gb Mon, 25 Feb 2008 13:55:00 GMT James Baverstock Following a meeting with HMRC, STEP will be issuing a note on the outcome of the meeting shortly. http://www.step.org/policy_and_technical/uk_policy/2008/hmrc_meeting.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/hmrc_meeting.aspx?lang=en-gb Fri, 15 Feb 2008 14:05:00 GMT James Baverstock The Society of Trust and Estate Practitioners launched a survey of member firms on 16-22 January 2008. This survey was intended to gauge the reaction of advisors and clients to proposed changes in the tax treatment of UK resident non-domiciled clients based on draft proposals announced in the Pre-Budget report on 9 October 2007. http://www.step.org/policy_and_technical/uk_policy/2008/survey_on_domicile__residence.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/survey_on_domicile__residence.aspx?lang=en-gb Fri, 01 Feb 2008 14:08:00 GMT James Baverstock This practice note is relevant to any TEP involved in the administration of estates. TEPs often experience difficulty and delay during the estate administration process in relation to assets held by banks. This practice note contains protocols that set out procedures agreed with banks to clarify and speed up the estate administration process http://www.step.org/policy_and_technical/uk_policy/2008/banking_protocol.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/banking_protocol.aspx?lang=en-gb Tue, 29 Jan 2008 14:17:00 GMT James Baverstock Draft legislation to implement the changes announced in the Pre-Budget Report on 9 October 2007 has now been published. The draft legislation contains proposals which are far more wide-ranging than the Pre-Budget Report had suggested and, as a result, non-domiciled UK residents (and UK residents who are not ordinarily resident) and the trustees of trusts in which they have interests urgently need to consider whether action needs to be taken before 6 April this year. http://www.step.org/policy_and_technical/uk_policy/2008/uk_resident_foreign_doms.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/uk_resident_foreign_doms.aspx?lang=en-gb Tue, 22 Jan 2008 14:32:00 GMT James Baverstock Toby Harris, a member of STEP Technical Committee, has suggested a number of principles on how STEP members advise clients on Inheritance Tax in the light of the Pre-Budget Report 2007. http://www.step.org/policy_and_technical/uk_policy/2008/transferable_nil-rate_bands.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2008/transferable_nil-rate_bands.aspx?lang=en-gb Tue, 08 Jan 2008 15:06:00 GMT James Baverstock Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2007.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007.aspx?lang=en-gb Mon, 14 Dec 2009 15:15:00 GMT James Baverstock STEP and CIOT recently asked HMRC to clarify a number of issues in relation to SP 1079 (powers for trustees to allow a beneficiary to occupy a dwelling-house) in light of the provisions of Schedule 20. These issues include: when a SP1079 interest arises, when it comes to an end and also whether such an interest can qualify as a transitional serial interest. http://www.step.org/policy_and_technical/uk_policy/2007/schedule_20_fa_2006_-_sp_1079.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/schedule_20_fa_2006_-_sp_1079.aspx?lang=en-gb Mon, 10 Dec 2007 15:16:00 GMT James Baverstock STEP recommends a certain, statutory, test of residence is introduced for taxation purposes. The uncertainty that surrounds the concept of residence for taxation purposes makes it difficult for advisers to give clear cut advice, particularly to those who may intend to come to the UK This is a factor which may dissuade people from coming to the UK http://www.step.org/policy_and_technical/uk_policy/2007/step_uk_residence_test.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/step_uk_residence_test.aspx?lang=en-gb Fri, 23 Nov 2007 15:29:00 GMT James Baverstock HMRC have recently written to a number of firms expressing the view that where a pre-22 March 2006 life interest comes to an end and is replaced, before 6 April 2008, by a transitional serial interest in favour of the same life tenant, the provisions of section 53(2A) IHTA 1984 should be read as meaning that an immediately chargeable transfer occurs on that occasion so that relief under section 53(2) IHTA 1984 is not available. http://www.step.org/policy_and_technical/uk_policy/2007/warning_possible_iht_charge.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/warning_possible_iht_charge.aspx?lang=en-gb Mon, 24 Sep 2007 15:39:00 GMT James Baverstock Further to ongoing discussions between the STEP Technical Committee and HMRC, HMRC confirmed in a letter dated 18 July, that the provision of services by a UK company to a non-UK trustee will not cause the non-UK trustee to have a permanent establishment in the UK, provided that those services are provided on an arm's length basis. http://www.step.org/policy_and_technical/uk_policy/2007/trustee_residence_-_services.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/trustee_residence_-_services.aspx?lang=en-gb Fri, 10 Aug 2007 15:49:00 GMT James Baverstock STEP (along with CIOT) has released guidance which has been agreed by HMRC on the way in which HMRC interpret section 71 IHTA 1984 as amended by FA 2006 (accumulation and maintenance trusts) and the new sections 71A and 71D-H IHTA 1984 provisions. The guidance deals primarily with the definition of "B" in the legislation, the class closing rules and the scope of settled powers of advancement s71D guidance - 290607. http://www.step.org/policy_and_technical/uk_policy/2007/s_71d_guidance.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/s_71d_guidance.aspx?lang=en-gb Sat, 07 Jul 2007 16:04:00 GMT James Baverstock HMRC recently replied to further questions put to them by STEP and CIOT relating to pre-March 22 2006 interests in possession and transitional serial interests under Sch 20 FA 2006. This paper contains both the questions and HMRC replies as at 29 May 2007. http://www.step.org/policy_and_technical/uk_policy/2007/schedule_20_fa_2006_update.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/schedule_20_fa_2006_update.aspx?lang=en-gb Mon, 11 Jun 2007 16:12:00 GMT James Baverstock Attached is a paper from UK Technical Committee, which highlights issues concerning trustee residence and UK tax law. http://www.step.org/policy_and_technical/uk_policy/2007/trustee_residence_test.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/trustee_residence_test.aspx?lang=en-gb Tue, 05 Jun 2007 16:23:00 GMT James Baverstock Here is opinion of Nicholas Le Poidevin as to the way the term risk based is used in the 3rd Directive, which Toby Graham of Farrer & Co sought on behalf of STEP. http://www.step.org/policy_and_technical/uk_policy/2007/3mld_implementation.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/3mld_implementation.aspx?lang=en-gb Thu, 10 May 2007 16:30:00 GMT James Baverstock Speaking today at a STEP Conference on the future of trusts in London, Aileen Barry, a Director at law firm at DLA Piper, said she felt that HMRCs tax disclosure regime could involve a gamble. http://www.step.org/policy_and_technical/uk_policy/2007/aims_of_tax_amnesty.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/aims_of_tax_amnesty.aspx?lang=en-gb Mon, 23 Apr 2007 16:43:00 GMT James Baverstock The case of Phizackerley v CIR may have caused some concern for STEP members and other practitioners. The existence of the problem had been known to practitioners for some time but the particular circumstances that have been highlighted by the case will naturally give cause for concern. This note has been prepared for the benefit of members as an initial response and to provide practical guidance. http://www.step.org/policy_and_technical/uk_policy/2007/step_briefing_phizackerley.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/step_briefing_phizackerley.aspx?lang=en-gb Wed, 18 Apr 2007 16:48:00 GMT James Baverstock The attached response includes discussion of the term 'beneficial ownership' and the definition of TCSPs as well as other issues. http://www.step.org/policy_and_technical/uk_policy/2007/anti-money_laundering_regs.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/anti-money_laundering_regs.aspx?lang=en-gb Thu, 05 Apr 2007 16:59:00 GMT James Baverstock The Finance Act 2006 introduced a common test for determining the tax residence of trustees for both capital gains tax and income tax purposes with effect from 6 April 2007. The new test, set out in sections 69 TCGA 1992 and section 685E ICTA 1988, is based on the existing income tax definition. http://www.step.org/policy_and_technical/uk_policy/2007/trustee_residence.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/trustee_residence.aspx?lang=en-gb Fri, 09 Mar 2007 17:06:00 GMT James Baverstock Attached is the letter which the STEP UK Technical Committee sent recently to HMRC regarding the new residence test for trustees which comes into force on 6 April 2007 and a copy of HMRC's reply. http://www.step.org/policy_and_technical/uk_policy/2007/hmrc_and_residence_test.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/hmrc_and_residence_test.aspx?lang=en-gb Tue, 13 Feb 2007 17:14:00 GMT James Baverstock Attached are two statements from the STEP UK Technical Committee regarding the situation regarding Bare Trusts for minor children and IHT. http://www.step.org/policy_and_technical/uk_policy/2007/bare_trusts_for_minor_children.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/bare_trusts_for_minor_children.aspx?lang=en-gb Mon, 05 Feb 2007 09:36:00 GMT James Baverstock STEP has replied to the HMT consultation on implementation of the Third Money Laundering Directive into UK law. STEP has expressed strong concern at the prospect of HMRC regulating trust and company service providers directly. http://www.step.org/policy_and_technical/uk_policy/2007/eu_money_laundering_directive.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/eu_money_laundering_directive.aspx?lang=en-gb Mon, 05 Feb 2007 09:44:00 GMT James Baverstock Attached are the HMRC response to STEP and CIOT questions regarding s 80 FA 06 and guidance on the issue. Minor amendments have now been incorporated. http://www.step.org/policy_and_technical/uk_policy/2007/poat_s_80_fa_2006.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/poat_s_80_fa_2006.aspx?lang=en-gb Thu, 11 Jan 2007 09:59:00 GMT James Baverstock HMRC have published a Research Report entitled Trusts: Experience of Setting up and Running Trusts. http://www.step.org/policy_and_technical/uk_policy/2007/hmrc_research_report_25.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/hmrc_research_report_25.aspx?lang=en-gb Mon, 08 Jan 2007 10:05:00 GMT James Baverstock This briefing is reproduced with the kind permission of John Riches and Withers LLP. http://www.step.org/policy_and_technical/uk_policy/2007/uk_budget_2007.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/uk_budget_2007.aspx?lang=en-gb Tue, 24 Nov 2009 14:28:00 GMT James Baverstock The STEP leaflets, Why Make a Will?, Why Make a Trust and Why Make an Enduring Power of Attorney have been updated for 2007. http://www.step.org/policy_and_technical/uk_policy/2007/step_ew_leaflets_-_updated_fo.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/step_ew_leaflets_-_updated_fo.aspx?lang=en-gb Tue, 24 Nov 2009 15:04:00 GMT James Baverstock You will be aware that HM Treasury are currently consulting on implementing the EUs Third Money Laundering Directive. STEP has highlighted there are problems with the definition of beneficiaries and beneficial owner as they relate to trusts. http://www.step.org/policy_and_technical/uk_policy/2007/anti-money_laundering_and_trus.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2007/anti-money_laundering_and_trus.aspx?lang=en-gb Tue, 24 Nov 2009 15:55:00 GMT James Baverstock Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2006.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006.aspx?lang=en-gb Tue, 15 Dec 2009 10:14:00 GMT James Baverstock HMRC have responded to STEP regarding the changes in the Finance Act 2006 to the Pre-Owned Assets Regime. http://www.step.org/policy_and_technical/uk_policy/2006/pre-owned_assets.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/pre-owned_assets.aspx?lang=en-gb Fri, 20 Oct 2006 10:15:00 GMT James Baverstock STEP summarises the changes to the trust regime as outlined in the Finance Act 2006. The budget update of 25 August 2006 summarises all the changes brought in by the much revised Finance Act 2006. http://www.step.org/policy_and_technical/uk_policy/2006/trusts_and_finance_act_2006.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/trusts_and_finance_act_2006.aspx?lang=en-gb Tue, 13 Jun 2006 10:20:00 GMT James Baverstock Following strong representations from the Society of Trust & Estate Practitioners (STEP) and other professional bodies, the government has returned to the pre-Budget position for spouses safeguarded by trusts in wills. As a result, spouses will not be in danger of losing the family home and Muslim families can still make Islamic wills. http://www.step.org/policy_and_technical/uk_policy/2006/spouses_and_young_people.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/spouses_and_young_people.aspx?lang=en-gb Thu, 08 Jun 2006 10:43:00 GMT James Baverstock The Society has issued the attached briefing on Budget Note 25 for Parliamentarian and other key opinion formers. The briefing outlines the Society's concerns about the threat to the interests of prudent families and the vulnerable posed by the reforms of inheritance tax and trusts contained in the budget. http://www.step.org/policy_and_technical/uk_policy/2006/step_mps_briefing.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/step_mps_briefing.aspx?lang=en-gb Fri, 28 Apr 2006 10:58:00 GMT James Baverstock Commenting on the Finance Bill published this morning, John Riches, Chair of the Technical Committee of STEP said: Well over a million wills are still going to have to be re-written to ensure that spouses aren't taxed on the death of their partner if they are left assets in trust. http://www.step.org/policy_and_technical/uk_policy/2006/step_comments_on_finance_bill.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/step_comments_on_finance_bill.aspx?lang=en-gb Fri, 07 Apr 2006 11:04:00 GMT James Baverstock Letter from Roger Willoughby clarifying two matters on the trust modernisation rules. http://www.step.org/resources/policy_and_technical/uk_policy/2006/trust_modernisation_rules.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2006/trust_modernisation_rules.aspx?lang=en-gb Thu, 06 Apr 2006 11:16:00 GMT James Baverstock STEP has formally responded to the Chancellor's 22 March announcement of changes to the IHT and Trusts regime. http://www.step.org/policy_and_technical/uk_policy/2006/step_responds_to_budget_06.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/step_responds_to_budget_06.aspx?lang=en-gb Mon, 27 Mar 2006 11:21:00 GMT James Baverstock Revised COP 10 letter of 31 August 2006 between STEP, CIOT and LITRG on one hand and HMRC, which has been revised to clarify the meaning of provision and loans - The contribution condition (question 32). http://www.step.org/policy_and_technical/uk_policy/2006/pre-owned_assets_-_responses.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/pre-owned_assets_-_responses.aspx?lang=en-gb Tue, 14 Mar 2006 11:30:00 GMT James Baverstock Modernising the tax system for trusts - comments of the STEP UK Technical Committee on the draft legislation issued on 31 January 2006. http://www.step.org/policy_and_technical/uk_policy/2006/tax_system_for_trusts.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/tax_system_for_trusts.aspx?lang=en-gb Mon, 20 Feb 2006 11:41:00 GMT James Baverstock STEP warns that new tax rules may stop families holding business assets in trust for under-18s. http://www.step.org/policy_and_technical/uk_policy/2006/new_tax_rules_may_stop_familie.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/new_tax_rules_may_stop_familie.aspx?lang=en-gb Tue, 07 Feb 2006 10:22:00 GMT James Baverstock This report gives STEP's initial reaction to budget initiatives concerning STEP members. http://www.step.org/policy_and_technical/uk_policy/2006/uk_budget_reaction_shock_tax.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/uk_budget_reaction_shock_tax.aspx?lang=en-gb Wed, 22 Mar 2006 10:37:00 GMT James Baverstock Following the radical changes to inheritance tax announced in the March Budget and enacted in Finance Act 2006, HMRC have just published their response to a number of questions put to them jointly by STEP and CIOT in September. This note has been prepared by John Riches of Withers LLP who is the Chair of the STEP UK Technical Committee. Following the radical changes to inheritance tax announced in the March Budget and enacted in Finance Act 2006, HMRC have just published their response to a number of questions put to them jointly by STEP and CIOT in September. http://www.step.org/policy_and_technical/uk_policy/2006/finance_act_2006_inheritance.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2006/finance_act_2006_inheritance.aspx?lang=en-gb Thu, 11 Mar 2010 10:14:00 GMT James Baverstock Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2005.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005.aspx?lang=en-gb Tue, 15 Dec 2009 11:47:00 GMT James Baverstock STEP UK Technical Committee response to the HMRC discussion paper on IHT and pension simplification, which was sent to HMRC on 10 October. http://www.step.org/policy_and_technical/uk_policy/2005/discussion_on_inheritance_tax.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/discussion_on_inheritance_tax.aspx?lang=en-gb Tue, 06 Dec 2005 11:48:00 GMT James Baverstock A report by Arthur Mayson ACIB TEP on probate fraud. Probate fraud is an attempt to deprive the beneficiaries of an estate of their rightful inheritance Its mainstays are false accounting, abusing a power of attorney, fake beneficiaries, property theft and bogus wills. http://www.step.org/policy_and_technical/uk_policy/2005/probate_fraud_report.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/probate_fraud_report.aspx?lang=en-gb Wed, 13 Jul 2005 11:57:00 GMT James Baverstock STEP and Lord Chancellor to investigate problems in Will writing and Estate Administration. http://www.step.org/policy_and_technical/uk_policy/2005/problems_in_will_writing.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/problems_in_will_writing.aspx?lang=en-gb Thu, 31 Mar 2005 12:08:00 GMT James Baverstock Law Commisson Consultation Paper on income and capital and STEP's response. http://www.step.org/policy_and_technical/uk_policy/2005/income__capital_consultation.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/income__capital_consultation.aspx?lang=en-gb Thu, 03 Mar 2005 12:19:00 GMT James Baverstock Concerns regarding the analysis of the current state of the law and its application to the allowability of Trust Management Expenses, and to the fact that this paper (The Trustee Management Expenses Consultation Paper from the Treasury), in itself very useful, was put forward at the same time as the Law Commission Consultation Paper number 175 Capital and Income in Trusts: Classification and Apportionment. http://www.step.org/policy_and_technical/uk_policy/2005/trustee_management_expenses.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/trustee_management_expenses.aspx?lang=en-gb Wed, 02 Feb 2005 12:28:00 GMT James Baverstock Trust management expenses that are to be taken into account for tax purposes in order to: tax accumulation discretionary trustees at rates lower than the special trust rates in Section 686 ICTA 1988; arrive at the net amount of an IIP beneficiary's income Trustee Management Expenses Consultation Paper. http://www.step.org/policy_and_technical/uk_policy/2005/trustee_management_expenses-1.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/trustee_management_expenses-1.aspx?lang=en-gb Wed, 02 Feb 2005 12:37:00 GMT James Baverstock A summary of the 2005 Budget for STEP Members. http://www.step.org/policy_and_technical/uk_policy/2005/uk_budget_2005_summary.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/uk_budget_2005_summary.aspx?lang=en-gb Wed, 16 Mar 2005 14:48:00 GMT Scott Devine STEP Worldwide Council met on 8 April, among a wide range of matters discussed, Council decided: To approve a draft Business Plan and Budget for 20056. http://www.step.org/policy_and_technical/uk_policy/2005/council_meeting_april_2005_hi.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/council_meeting_april_2005_hi.aspx?lang=en-gb Mon, 25 Apr 2005 15:37:00 GMT Rebecca GOVERNMENT CONTINUES TO TARGET TAX AVOIDANCE SCHEMES http://www.step.org/policy_and_technical/uk_policy/2005/uks_pre-budget_report_2005_s.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/uks_pre-budget_report_2005_s.aspx?lang=en-gb Wed, 07 Dec 2005 10:01:00 GMT Scott Devine Effect on the settlements legislation. In response to representations by UK Technical Committee a letter from HMRC regarding the Civil Partnership Tax regualtions. http://www.step.org/policy_and_technical/uk_policy/2005/uk_tax__civil_partnership_reg.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2005/uk_tax__civil_partnership_reg.aspx?lang=en-gb Thu, 08 Dec 2005 10:09:00 GMT Scott Devine Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2004.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004.aspx?lang=en-gb Tue, 15 Dec 2009 12:43:00 GMT James Baverstock STEP's UK Technical Committee response to the latest consultation on the taxation of pre-owned assets. http://www.step.org/policy_and_technical/uk_policy/2004/pre-owned_assets_consultation.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/pre-owned_assets_consultation.aspx?lang=en-gb Tue, 30 Nov 2004 12:43:00 GMT James Baverstock STEP replies to the consultation paper on the modernisation of the tax system for trusts. Modernisation of the Tax System of UK trusts In the pre-budget report in December 2003, the Chancellor announced plans to modernise and simplify the income tax and capital gains tax treatment of UK resident trusts. http://www.step.org/policy_and_technical/uk_policy/2004/tax_system_for_trusts.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/tax_system_for_trusts.aspx?lang=en-gb Tue, 30 Nov 2004 13:54:00 GMT James Baverstock The UK Government will liberalise the grant of probate in England & Wales - what is STEP doing. Liberalisation of the Grant of Probate: An Update for STEP members http://www.step.org/policy_and_technical/uk_policy/2004/grant_of_probate.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/grant_of_probate.aspx?lang=en-gb Thu, 04 Nov 2004 14:03:00 GMT James Baverstock The framework of the Valuation Office Agency review is: to identify all relevant stakeholders and invite written observations or responses on the performance of the agency. http://www.step.org/resources/policy_and_technical/uk_policy/2004/valuation_office_agency.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2004/valuation_office_agency.aspx?lang=en-gb Thu, 30 Sep 2004 14:10:00 GMT James Baverstock Details of the regulations and amendments to the Tax Avoidance Regulations. http://www.step.org/resources/policy_and_technical/uk_policy/2004/tax_avoidance_schemes_regs.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2004/tax_avoidance_schemes_regs.aspx?lang=en-gb Thu, 30 Sep 2004 14:16:00 GMT James Baverstock The Bar Council has granted STEP in England & Wales a Licence under the Bar Direct scheme to allow members to have direct professsional access to instruct Barristers on behalf of clients for advisory work and for representation within STEP members' areas of expertise. http://www.step.org/resources/policy_and_technical/uk_policy/2004/bar_direct_licence.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2004/bar_direct_licence.aspx?lang=en-gb Wed, 28 Jul 2004 14:21:00 GMT James Baverstock The Finance Act 2004 has been published and can be downloaded. http://www.step.org/policy_and_technical/uk_policy/2004/pre-owned_assets_update.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/pre-owned_assets_update.aspx?lang=en-gb Tue, 27 Jul 2004 14:29:00 GMT James Baverstock UK Finance Act 2004: analysis of changes at report stage pre-owned assets 26 July 2004 update. http://www.step.org/policy_and_technical/uk_policy/2004/uk_finance_act_2004.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/uk_finance_act_2004.aspx?lang=en-gb Tue, 27 Jul 2004 14:34:00 GMT James Baverstock Information relating to the Finance Bill 2004, and in particular the new pre-owned assets regime. http://www.step.org/policy_and_technical/uk_policy/2004/new_pre-owned_assets_regime.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/new_pre-owned_assets_regime.aspx?lang=en-gb Thu, 24 Jun 2004 14:42:00 GMT James Baverstock Consultation Paper published on the Review of the Regulatory Framework for Legal Services in England and Wales. http://www.step.org/policy_and_technical/uk_policy/2004/clementi_review_consultation_a.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/clementi_review_consultation_a.aspx?lang=en-gb Tue, 09 Mar 2004 14:48:00 GMT James Baverstock Scottish branch response to modernisation of trusts tax consultation. http://www.step.org/resources/policy_and_technical/uk_policy/2004/tax_system_for_trusts-1.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/uk_policy/2004/tax_system_for_trusts-1.aspx?lang=en-gb Wed, 03 Mar 2004 14:53:00 GMT James Baverstock STEP UK Technical Sub-Committee under James Kessler QC responds to private residence relief and restrictions of gifts relief etc. http://www.step.org/policy_and_technical/uk_policy/2004/private_residence_relief.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/private_residence_relief.aspx?lang=en-gb Tue, 02 Mar 2004 15:00:00 GMT James Baverstock STEP response to IR consultation on Pre-owned assets by a UK Technical Sub-committee under Owen Clutton. http://www.step.org/policy_and_technical/uk_policy/2004/pre-owned_assets_consultatio-1.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/pre-owned_assets_consultatio-1.aspx?lang=en-gb Mon, 16 Feb 2004 15:07:00 GMT James Baverstock STEP UK Technical responds to consultation on "modernising the tax treatment of trusts". http://www.step.org/policy_and_technical/uk_policy/2004/modernising_the_tax_system.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2004/modernising_the_tax_system.aspx?lang=en-gb Mon, 16 Feb 2004 15:21:00 GMT James Baverstock Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2003.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003.aspx?lang=en-gb Tue, 15 Dec 2009 15:41:00 GMT James Baverstock In his Pre-Budget Report on 10 December 2003, the Chancellor announced plans to modernise and simplify the Income Tax and Capital Gains Tax system for resident trusts. There will be discussions involving representative bodies and the public about possible changes, with the aim of introducing the new system from April 2005. http://www.step.org/policy_and_technical/uk_policy/2003/modernising_the_tax_system-1.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/modernising_the_tax_system-1.aspx?lang=en-gb Thu, 11 Dec 2003 15:29:00 GMT James Baverstock Documents relating to the Money Laundering Regulations 2003, which have been laid before Parliament. http://www.step.org/policy_and_technical/uk_policy/2003/ml_regulations_2003.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/ml_regulations_2003.aspx?lang=en-gb Fri, 05 Dec 2003 15:44:00 GMT James Baverstock s660a New Guidance from IR - 4 December 2003. The Inland Revenue has issued a follow-up to the article in Tax Bulletin 64 The new article: Businesses, Individuals and the Settlements Legislation Part II will appear in February 2004 Tax Bulletin. http://www.step.org/policy_and_technical/uk_policy/2003/section_660_tax_briefing.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/section_660_tax_briefing.aspx?lang=en-gb Thu, 04 Dec 2003 15:54:00 GMT James Baverstock The Inland Revenue has issued guidance on special arrangements for STAMP DUTY LAND TAX. http://www.step.org/policy_and_technical/uk_policy/2003/stamp_duty_land_tax_-_update.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/stamp_duty_land_tax_-_update.aspx?lang=en-gb Tue, 18 Nov 2003 16:02:00 GMT James Baverstock E&W CIVIL PARTNERSHIPS PROPOSALS: STEP response to the the Government consultation paper on, Civil Partnership: A Framework for the legal recognition of same-sex couples. http://www.step.org/policy_and_technical/uk_policy/2003/civil_partnerships.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/civil_partnerships.aspx?lang=en-gb Tue, 10 Sep 2002 16:10:00 GMT James Baverstock A STEP response has been issued on the subject of the review of the UK residence and domicile rules affects the tax liabilities of individuals. http://www.step.org/policy_and_technical/uk_policy/2003/uk_non-domicile_and_residence.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/uk_non-domicile_and_residence.aspx?lang=en-gb Fri, 20 Jun 2003 16:18:00 GMT James Baverstock The STEP response to Government plans to change the probate service is now complete and available to view online. http://www.step.org/policy_and_technical/uk_policy/2003/court_service_probate_review.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/court_service_probate_review.aspx?lang=en-gb Mon, 17 Mar 2003 16:25:00 GMT James Baverstock The Law Commission Consultation Paper Trustee Exemption Clauses examines the current law and practice relating to trustee exemption clauses in England and Wales, considers the economic implications of regulation of such clauses, sets out the options for reform and makes provisional proposals on which the views of consultees are invited STEP is organising regional consultation events so that members' views can be heard. http://www.step.org/policy_and_technical/uk_policy/2003/trustee_exemption_clauses.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/trustee_exemption_clauses.aspx?lang=en-gb Thu, 09 Jan 2003 16:32:00 GMT James Baverstock HM Treasury propose revision of the Money Laundering Regulations 1993 and 2001. http://www.step.org/policy_and_technical/uk_policy/2003/revision_of_the_ml_regulations.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/revision_of_the_ml_regulations.aspx?lang=en-gb Tue, 07 Jan 2003 16:41:00 GMT James Baverstock Response by UK Technical Committee, drafted by James Kessler, to the Lord Chancellor's departments proposals on the rule against excessive accumulations. http://www.step.org/policy_and_technical/uk_policy/2003/accumulations_rules.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2003/accumulations_rules.aspx?lang=en-gb Tue, 07 Jan 2003 17:02:00 GMT James Baverstock Briefings, consultations and policy issues affecting STEP members in the United Kingdom of Great Britain (England & Wales and Scotland) and Northern Ireland. http://www.step.org/policy_and_technical/uk_policy/2002.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2002.aspx?lang=en-gb Tue, 15 Dec 2009 17:07:00 GMT James Baverstock Competition and regulation in the legal services market - this document sets out the Government's conclusions on the matters raised in the consultation paper, "In the public interest?" http://www.step.org/policy_and_technical/uk_policy/2002/legal_services_market.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2002/legal_services_market.aspx?lang=en-gb Sat, 14 Sep 2002 17:07:00 GMT James Baverstock As Commonwealth Finance Ministers prepare to meet in London, a major new study warns that, by focusing on small states and overlooking their own membership, the 30 countries which make up the OECD may fail in their latest bid to stop corporate crime.. http://www.step.org/policy_and_technical/uk_policy/2002/oecd_corporate_crime_clampdown.aspx?lang=en-gb http://www.step.org/policy_and_technical/uk_policy/2002/oecd_corporate_crime_clampdown.aspx?lang=en-gb Tue, 24 Sep 2002 10:59:00 GMT James Baverstock International Policy Update July 2010 http://www.step.org/policy_and_technical/international_policy_update.aspx?lang=en-gb http://www.step.org/policy_and_technical/international_policy_update.aspx?lang=en-gb Mon, 05 Jul 2010 16:33:00 GMT Jeff Claudius STEP keeps a database of all consultations of interest to its members which are currently open or have been recently responded to by STEP. http://www.step.org/resources/policy_and_technical/step_consultation_database.aspx?lang=en-gb http://www.step.org/resources/policy_and_technical/step_consultation_database.aspx?lang=en-gb Sat, 01 Jan 2000 00:00:00 GMT Scott Devine STEP perform quarterly members confidence surveys which indicate their confidence about the outlook for the trust and estate industry around the world The survey looks at members views across a wide range of jurisdictions and trust and estate businesses. Using these surveys STEP calculate a Quarterly Confidence Index http://www.step.org/policy_and_technical/quarterly_confidence_surveys.aspx?lang=en-gb http://www.step.org/policy_and_technical/quarterly_confidence_surveys.aspx?lang=en-gb Sat, 01 Jan 2000 00:00:00 GMT Scott Devine A major STEP project over the next few months is writing an online STEP users manual, which will set out as simply as possible how the Society works. http://www.step.org/policy_and_technical/open_governance.aspx?lang=en-gb http://www.step.org/policy_and_technical/open_governance.aspx?lang=en-gb Mon, 24 Oct 2011 14:08:00 GMT Jeff Claudius