FINANCIAL MATTERS - MARCH

FINANCIAL MATTERS - MARCH

This month’s Technical Bulletin explores the case of two trust beneficiaries who took legal action against professional trustees on the grounds that their allegedly poor investment decisions resulted in losses. Meanwhile, HMRC is consulting on draft legislation under which Individual Savings Accounts (ISAs) will keep their tax advantages after the account holder’s death. Lastly, the pound’s weakness following the Brexit vote has led some to question the gains and losses that could arise from the disposal of assets denominated in foreign currencies.

 

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