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Related news & insights - Lucy Edwards

What next for capital gains tax? The Office of Tax Simplification makes bold recommendations
Posted: 01/12/2020
Alarm bells will be ringing for many taxpayers and their advisers following the report published by the Office of Tax Simplification (OTS) on 11 November 2020. Its recommendations, which are made independently to the Government, have the potential to increase capital gains tax (CGT) revenues by billions of pounds...…>>
UK implementation of the Fifth Money Laundering Directive
Posted: 30/10/2020
The Government has introduced new legislation which increases reporting obligations for trusts, following its implementation of the European Union’s Fifth Money Laundering Directive (5MLD). The legislation came into force on 6 October 2020 and has wide-ranging implications for trusts...…>>
Good news for testators … but too little too late?
Posted: 29/07/2020
The Government has announced an intention to introduce new legislation to allow wills to be witnessed by video technology from September 2020. Currently wills must be executed in the physical presence of two witnesses. The witnesses must be able to see the testator physically sign their will...…>>
Winter come early: the charity sector and the impact of Covid-19
Posted: 13/05/2020
As the world contemplates an uncertain economic future, trustees of UK grant making charities will be all too aware that many operational charities will be looking to them to plug the gap in their finances left by falling income, closed shops and the cancellation of fundraising events...…>>
Family investment companies (FICs): an alternative to trusts?
Posted: 09/04/2019
Trusts are an important staple of the estate planning toolkit. However increases to the complexity and cost of their taxation and reporting requirements in recent years, combined with some negative media attention, means families are increasingly looking for alternative structures to govern the transition of wealth and its management to the next generation......>>
Success for Penningtons Manches partners in eprivateclient's Top 35 Under 35 list
Posted: 10/09/2018
Lucy Edwards and James d’Aquino, London-based partners in the Penningtons Manches’ private client and tax team – part of the firm’s wider private wealth group - are featured on eprivateclient’s Top 35 Under 35 2018 list......>>
Penningtons Manches' private wealth team shortlisted for multiple awards
Posted: 06/08/2018
The private wealth group at Penningtons Manches is celebrating after being shortlisted for multiple awards in the sector. The nominations recognise the firm, expert individuals, and its specialist contentious private client team......>>

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