Let's Stay Connected

Webinar Topic: US/UK Pension Planning

Presenters: Carol Hipwell, Associate Director at Frank Hirth & Kristopher Heck, Managing Partner at Tanager Wealth

Carol Hipwell, Associate Director at Frank Hirth and Kristopher Heck, Managing Partner at Tanager Wealth will be discussing the benefits of pensions savings and US/UK pension planning.

The webinar will cover the following:

• Benefits of pensions savings 
• How the US/UK income tax treaty impacts pension savings  
• Common questions asked about pensions including transferring international plans, taking a UK tax-free lump sum, final salary plan transfers, and using Roth IRA plans

Webinar Topic: Foreign Investment in US Real Estate

Presenters: David Foster, Associate Director at Frank Hirth & Steven Ebert, Partner at Barton LLP, New York

David Foster and Steven Ebert will be discussing the challenges currently facing the real estate world and the tax issues around investing in US real estate.

The Webinar will cover the following:

• The current landscape – How has the pandemic affected the real estate market
• What tax issues arise in the life cycle of a foreign investor in US Real Estate
• What are the practical and legal issues in acquiring or selling Real Estate
• What are the traps and what planning can be undertaken

Webinar Topic: UK Tax Considerations when Non-Residents acquire UK Real Estate

Presenters: Sarah Farrow, Director at Frank Hirth & Leigh Collins, Associate Director at Frank Hirth

Our next webinar topic will be in two parts where we will be focusing on ownership of real estate. In part 1 Sarah Farrow, Director at Frank Hirth will be discussing the UK tax considerations when non-residents look to acquire UK real estate and the associated planning. 

This will consider income tax, capital gains tax and inheritance tax issues. Part 2 the following week will be looking at similar issues when acquiring US real estate.

Webinar Topic: UK Connected Beneficiaries of US Estate Planning

Presenters: Iain Younger, Director at Frank Hirth, Helen French, Senior Tax Manager at Frank Hirth & Kavit Nathwani, Senior Tax Manager at Frank Hirth

In this webinar Iain Younger, Helen French & Kavit Nathwani discussed the UK tax implications of common US Estate planning techniques where a UK connection has not been considered. 

The webinar covered:

• UK residents receiving benefit from US Grantor and non-Grantor Trusts
• The UK view of US Living Trusts
• Disclosure and registration obligations 

We have been busy helping clients and contacts so we thought it would be a useful to share our experiences of the current state of play as we see it.

We have answered the most widely asked COVID 19 support questions and discuss how businesses and employees are impacted by the lockdown.

As we are hopefully now over the worst of the pandemic, we are increasingly finding that our clients and contacts are now looking to the future and how their working worlds will change moving forwards. Hence, the second half of our discussion will be based on the practicalities of getting back to business and how this will impact on the tax position of employers and their employees.

Webinar Topic: Tips for accurate Tax Reporting for non-UK Domiciled Individuals

Presenters: Sarah Farrow, Director at Frank Hirth & Gary Ashford, Tax Partner at Harbottle & Lewis

Sarah Farrow (Director at Frank Hirth) and Gary Ashford (Tax Partner at Harbottle & Lewis LLP) discuss some of the key pointers relating to accurate tax reporting for non-UK domiciled individuals.

This webinar took a high-level look at some of the issues where a non-domiciled taxpayer may come unstuck when considering their tax liabilities and HMRC's powers where mistakes are made. This webinar will cover:

• Remittances
• Residence and domicile status
• Pension contributions 
• Excess Reporting Income and OIG issues
• Anti-avoidance legislation
• Strict Liability offence

Webinar Topic: Taking Financial Control in Turbulent Times - A Tax and Investment Perspective

Presenters: Michael Lewis, Director at Frank Hirth, Robyn Limmer, Managing Director at Frank Hirth & Rory Dorman, Investment Adviser at Maseco Private Wealth

Michael Lewis, Director at Frank Hirth is joined by Rory Dorman, Investment Adviser at Maseco to discuss how best to manage your tax and investments during these turbulent times, Robyn Limmer, Managing Director at Frank Hirth will be chairing the discussion.

The COVID-19 pandemic has disrupted the investment and currency markets and created great uncertainty, there are however also opportunities in the turmoil. An easing of restrictions and the potential that markets may recover means any window of opportunity could be limited. Learn what you and/or your clients can do to take control right now.

The webinar will cover:

• Tax deadline updates
• Tweaking your investment portfolio to respond to the economic backdrop
• An opportunity to unwind tax-inefficient vehicles
• Revisiting of financial plans
• Inheritance tax planning opportunities
• Sticking to the plan! But what does the future look like

Webinar Topic: The IRS - What is around the corner for International US Taxpayers?

Presenters: Carol Hipwell, Associate Director at Frank Hirth & Dianne Mehany, Partner at Caplin & Drysdale

In this webinar, Iain Younger (Director at Frank Hirth) is joined by Carol Hipwell (Associate Director at Frank Hirth) and Dianne Mehany (Partner at Caplin & Drysdale) to discuss the latest IRS developments facing international taxpayers and a review of what we can expect to see in the coming months.

Despite the impact of FATCA, situations of non-compliance are regularly coming across our desks. This session reviewed the current options available to rectify non-compliance in the US and the thought process behind strategising any approach to the IRS.

Webinar Topic: Will Planning for US/UK Connected Persons [Part 2]

Presenters: Sarah Farrow, Director at Frank Hirth, Mark Summers, Partner at Charles Russell Speechlys AG, Sangna Chauhan, Partner at Charles Russell Speechlys LLP and Chris McLemore, Partner at Butler Snow

The current COVID-19 pandemic has brought the need for estate tax planning into sharp focus. In this webinar Sarah Farrow, Sangna Chauhan and Mark Summers discussed Will planning for UK/US connected individuals.

The webinar covered the following:

• The particular challenges/considerations when creating Wills for US/UK individuals
• The use of Trusts as estate planning vehicles
• The UK/US Estate Tax Treaty

Webinar Topic: Will Planning for US/UK Connected Persons

Presenters: Sarah Farrow, Director at Frank Hirth, Mark Summers, Partner at Charles Russell Speechlys AG, Sangna Chauhan, Partner at Charles Russell Speechlys LLP and Chris McLemore, Partner at Butler Snow

The current COVID-19 pandemic has brought the need for estate tax planning into sharp focus. In this webinar Sarah Farrow, Sangna Chauhan and Mark Summers will be discussing Will planning for UK/US connected individuals.

The webinar will cover the following:

• The particular challenges/considerations when creating Wills for US/UK individuals
• The use of Trusts as estate planning vehicles
• The UK/US Estate Tax Treaty