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UK tax changes to trusts and their effect on UK expats in Israel and their UK families

Seminars on 22 November 2017

Recent amendments to UK tax law materially impact all offshore trusts with UK resident settlors or beneficiaries. This will affect families with family members in Israel who have trusts with UK resident beneficiaries. There is an opportunity until 5th April 2018 to restructure such trusts, failing which the UK resident family members may face a more onerous tax regime. Coupled with the 10 year Aliya tax benefits for new olim, there may be a last-chance opportunity to restructure family wealth in a tax advantageous manner.

The seminar should be of particular interest to settlors, beneficiaries, trustees and their professional advisors. Justine Markovitz, partner and joint CEO of Withers’ private client and tax division, and Philip Braude FCCA, TEP, Investment Marketer licensed by the Israel Securities Authority, will address:

  • Updates on UK tax laws relating to trusts
  • A discussion of the issues facing trustees and beneficiaries in a world of enhanced regulatory compliance
  • Updates on Israeli taxation of trusts
  • Recent changes to Israeli tax exemptions granted to new residents
  • Restructuring options and opportunities

For more information contact