Trusts

Overview of the key legal requirements relating to the execution of deeds and documents under the laws of England and Wales. It reflects the law on execution from 1 October 2009. For details of the law governing execution of deeds and documents before 1 October 2009, see Practice note, Execution of deeds and documents: pre-1 October 2009.

Where two or more persons are liable to another, they may be jointly liable, severally liable or jointly and severally liable. This note explains the concepts of joint, several, and joint and several liability.

A note tracking the progress of the Finance Act 2009 as a whole, and the progress of specific measures that are of interest to private client practitioners from the 2008 Pre-Budget Report, 2009 Budget and Finance Bill 2009 to enactment.

A note tracking the progress of the Finance Bill 2011 as a whole, and the progress of specific measures that are of interest to private client practitioners from the time of announcement in the 2011 Budget or elsewhere to enactment in the Finance Act 2011 or other legislation.

A note tracking the progress of the Finance Bill 2013 as a whole and specific tax measures of interest to private client practitioners.  It will cover developments from August 2012 to July 2013 inclusive, with links to information on earlier and later developments.

An outline of equitable remedies including rectification, specific performance, injunctions, account of profits, subrogation, rescission and declarations. The doctrines of equity are also discussed.

A practice note on the mixed funds ordering rules introduced by the Finance Act 2008. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see 2013 Budget: key private client tax announcements.

This note considers the practical impact of stamp duty on commercial transactions. NOTE: This resource is being reviewed in light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key business tax announcements.

This note is a general summary of the UK rules applying to the taxation of chargeable gains. It describes what chargeable gains are, what assets are affected, when disposals arise, the way in which gains are calculated and the manner in which they are taxed, exceptions from taxation, anti-avoidance rules and how allowable losses may be used. This note is intended as a general overview, so you should be aware that the tax treatment in a particular case may differ from the general position described in this note.

This note provides an overview of the UK/Switzerland tax co-operation agreement to tackle tax evasion by UK taxpayers holding funds in Swiss bank accounts. The agreement came into force on 1 January 2013. The note discusses the anonymous one-off payment to settle past tax liabilities, the withholding tax on income and capital gains going forward and the one-off withholding tax on death. It also looks at the requirements for disclosure as an alternative to these deductions, further protection in the agreement for HMRC (such as information requests) and options for UK residents with Swiss bank accounts. We would welcome subscribers' views on the practical implications of the agreement (see Your views). Note: this resource is being reviewed in the light of the 2013 Budget. For more information, see Legal update, 2013 Budget: key private client tax announcements.