UK property and EU substance rules on the agenda at Equiom seminar

Tuesday 22 January 2019

International professional services provider, Equiom will deliver an expert insight into two important topics for Guernsey and Jersey residents at its annual seminars later this month.

The seminars, entitled ‘General market update – key considerations for 2019 and beyond’ will be held on 29 January, 08:00 – 09:30 at Old Government House in St. Peter Port, Guernsey and on 30 January, 08:30 – 10:00 at the Pomme d’Or Hotel in St Helier, Jersey.

The agenda will kick-off with an introduction from Richard Tribe, Head of Equiom Private Office in Jersey and Caroline Prow, Managing Director in Guernsey followed by an assessment of two current topics as explained by the experts. Kevin Renshaw, Tax Director will explore trust structures for non UK domiciled island residents looking to acquire UK property assets in a presentation entitled ‘Investing in UK property – succession planning and asset protection’.

Monica Dixie, Tax Director, will then turn the focus to the commercial side by detailing recently introduced requirements for companies registered in Jersey and Guernsey in ‘An overview of the new EU substance rules’. The seminars will close with a summary and Q&A.

Mr Renshaw said: "The landscape is constantly changing for Island residents owning a property in the UK. It is increasingly important to stay on top of these changes and review the options available on a regular basis. These seminars aim to give Channel Islands residents food for thought in respect to this complex asset class."

Ms Dixie added: "The EU’s pressure for the introduction of substance requirements is an important consideration in 2019. As legislation implementing the new rules in each jurisdiction takes effect, I will provide an overview of the rules and what considerations will be required for companies registered on the islands. With the current significance of both of these topics, I expect a good turnout at these seminars and I know that both presentations will prove valuable to Channel Islands residents."

If you would like to attend please visit the Guernsey and Jersey seminar event pages, contact Vicky Mackie on vickymackie@equiomgroup.com or call 01624 699 075 by 24 January.

Pictured top: Caroline Prow, Equiom MD in Guernsey, and Richard Tribe, Head of Equiom Private Office in Jersey.