As the name suggests, cryptocurrencies are an emerging currency based on cryptography. Bitcoin is the most famous example, but new ones are being launched all the time. But with so much information out there about cryptocurrencies, it can all get a bit bemusing. “As it happens, cryptocurrencies have been in existence for quite some time,
Are you looking to protect your brand? The chances are, you are – but without a trademark, you are opening your business up to unnecessary risk. Trademarks are a valuable asset and allow your business to grow. They also signify quality which encourages consumers to your goods instead of your competitors. So, let’s explore what
The coronavirus outbreak has spread to businesses, leaving many around the world counting costs. Notoriously, known as the Great Lockdown, it’s been affecting the world economy since early this year. The predicted recession is considered to be the steepest economic downturn since the Great Depression. So, what does that mean for you? James Turner, Director
The challenges that the Duke and Duchess of Sussex (Prince Harry and Meghan Markle) are facing around financial arrangements and family disputes are well known. But while they are a highly visible example, family disputes over money are more common than you think. “One of the main causes of these disputes is often a lack
Tax is a subject close to the hearts of most individuals, and business owners. 3 terms frequently used in conversations around tax savings are tax avoidance, tax evasion and tax efficiency. James Turner, Director at York-based Turner Little, tells us that these are themes that run through most conversations with clients, old and new, and
The growth of the digital era and industry 4.0 have fuelled the growth of intangible rather than physical assets, with intellectual property (IP) representing one of the largest asset classes that a company can hold and can include patents, trademarks, brands, databases, software and trade secrets. James Turner, Director at Company Formation Specialists, Turner Little
Effectively passing on your assets to the next generation is a process that requires preparation. Successful high net worth estate planning involves multiple elements, from tax planning to the use of trusts and Wills, each needing to be carefully structured and integrated. “Offshore trusts are often considered essential in efficient tax and estate planning by
The current unstable political and economic situations have given rise to questions surrounding the safety and security of offshore banking and wealth management. Offshore banking offers individuals a way to be more tax-efficient while accessing foreign markets. However, it’s important to understand the options available, as different countries have different policies and agreements. Here is
It’s not what you think. Offshore banking is often slandered, and most commonly associated with tax evasion. But this begs to question – what do people really know about offshore banking? James Turner, Director at York-based Turner Little tells us everything we need to know about offshore banking. “Offshore banking, simply put, is banking done
As financial portfolios become more complex, financial trusts are becoming increasingly common, because they can be shaped to serve a variety of purposes. Trusts are routinely used as tools for gifting, asset management, inheritance tax planning and protection from creditors. They can be established whilst those involved are living, or can be included in a
