Jersey Business
Jersey Offshore Information


Managing Your Money is Key to Expat Happiness Apparently!

July 27th, 2010 . by

A new survey shows that getting in control of your money is more important than earning more if you want to be happy – so we show how expatriates have an advantage when it come to managing money and therefore achieving happiness!


Germany set to buy further data on Liechtenstein bank …

July 27th, 2010 . by

The German state of Schleswig-Holstein is understood to be in talks with an unidentified source to buy a CD containing bank data relating to accounts worth 500 million euros at Liechtensteinische Landesbank, according to a report in Sueddeutsche Zeitung on 22 July 2010.

The Munich-based newspaper said the latest CD was at least the seventh to be offered to German authorities and that Schleswig-Holstein would probably agree the purchase.

Another state, Lower Saxony, bought data …


HMRC wins Smallwood trust case in the Court of Appeal

July 27th, 2010 . by

The UK Court of Appeal found, on 8 July 2010, that the UK/Mauritius double tax treaty did not provide protection from a UK capital gains tax (CGT) charge arising on the disposal of shares by an offshore trust which had UK resident trustees for part of the year. The decision was based on the fact that the trust was effectively managed and controlled in the UK.

In Revenue and Customs Commissioners v Smallwood and another, Trevor Smallwood, a UK resident individual, settled shares into a trust.


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