Taxation of Partnerships and Private Capital Structures addresses in detail the technical and practical UK tax issues that arise in relation to trading and professional partnerships and LLPs and in relation to investment fund partnerships and related structures. As well as discussing the UK tax landscape for all types of partnerships and private capital structures, the book contains an extensive discussion of the special regimes (including those for disguised investment management fees, carried interest and income based carried interest) which supplement these rules for the investment management community. The UK treatment of partnerships is still largely non-statutory while the tax treatment of flows to investment managers has been subject to extensive changes (and a significant amount of related case law) since 2014. The book helps demystify these complex areas of tax by offering an explanation of the technical issues, reasoned views on the practical application of these rules and the positioning of HMRC. The second edition represents a significant rewrite and is updated to reflect the myriad of new case law and legislation since 2021 as well as the experience of the authors and the changing positions of HMRC since then. The new edition also includes 3 new chapters covering: The offshore fund rules Pillar 2 The UK Qualifying Asset Holding Company (QAHC) regime

Wills, Administration and Taxation Law and Practice applies a practical approach to the subject of will drafting, probate and taxation. The work deals comprehensively with the substantive law as well as practice and procedure, encompassing all the latest developments and case law, and using worked examples to present a clear, practical picture of the operation of the law. This approach will appeal to those new to the subject and those looking for guidance and clarification. Wills, Administration and Taxation Law and Practice provides invaluable guidance for students as well as those who are new to practice. Paperback edition includes free access to the ebook edition on ProView. Recent decisions on testamentary capacity Changes to the treatment of low income estates and trusts The implications of the Trust Register for non-taxable trusts Changes to probate procedure and the possibility of getting a grant on credit Recent decisions on Inheritance (Provision for Family and Dependants) Act 1975 Please note that details of how to redeem ProView eBook access are included within the printed book.