Yacht and aircraft ownership: the need for increased governance. 24 January 2021

Host group
Host Left
Hosted by
STEP City of London
Event Type
Web Event
Date

Whilst luxury assets are a store of value, they are also owned to be enjoyed and their use is often key to a client's down time. Ensuring that those who maintain and operate these complex assets receive the right advice is key to them being freely available for this purpose. Nic Arnold and Richard Simm will provide an overview of the tax and governance issues for high value luxury assets, bearing this in mind. Whilst luxury assets can also encompass: cars, art, antiques, wine, equine and jewellery, in this session they will focus primarily on yachts and aircraft, covering some key principles, war stories, recent trends and areas to be aware of in this complex and highly contextual area of private wealth.

Speakers

  • Nic Arnold, CTA - UK Head of JTC Private Office
  • Richard Simm - Head of Luxury Asset Advisory and Private Client Director, London, PwC
Cost group
Schedule
17:00 GMT
Contact
Glenn Baker
Add to Calendar 2022-01-24 17:00:00 2022-01-24 17:00:00 Yacht and aircraft ownership: the need for increased governance. 24 January 2021 Whilst luxury assets are a store of value, they are also owned to be enjoyed and their use is often key to a client's down time. Ensuring that those who maintain and operate these complex assets receive the right advice is key to them being freely available for this purpose. Nic Arnold and Richard Simm will provide an overview of the tax and governance issues for high value luxury assets, bearing this in mind. Whilst luxury assets can also encompass: cars, art, antiques, wine, equine and jewellery, in this session they will focus primarily on yachts and aircraft, covering some key principles, war stories, recent trends and areas to be aware of in this complex and highly contextual area of private wealth. Speakers Nic Arnold, CTA - UK Head of JTC Private Office Richard Simm - Head of Luxury Asset Advisory and Private Client Director, London, PwC STEP City of London STEP City of London Europe/London public