Loss Attributing Qualifying Companies
If you have an investment making losses and you want to pay less income tax, an LAQC may be a useful investment vehicle for you.
Disputes Between Co-Owners of Land and the Property Law Act 2007
If there is no formal agreement co-owners of real estate sometimes find themselves in dispute on a variety of issues relating to their joint venture property.
How is a Trust's Income Taxed?
Income earned by a trust can be either retained by the trust or it can be distributed to the trust’s beneficiaries.
Bankruptcy and Trusts
The present economic downturn has thrown up the problem of what to do when a settlor and/or a trustee becomes bankrupt. This article looks at possible remedies for both situations.
Loans and Capital Distributions to Beneficiaries
In the last issue of Trust eSpeaking (September 2008), we discussed the scenario that often occurs when trustees provide funds to beneficiaries, for example, to help in the purchase of...
Trust Busting
There is considerable power held by the courts to make orders under the Property (Relationships) Act 1976 (PRA) if relationship property has been transferred to trustees.
Taxing Property Transactions - When buying, be careful
Many of you may have seen the ‘Property Climbers’ programme on television which must greatly amuse the Inland Revenue Department.