Insights
The latest news and views in private wealth, corporate structuring, and entrepreneurship.
Labour’s historic landslide victory likely to lead to further changes to the non-dom regime and taxation of offshore trusts
On 6 March 2024, the then Chancellor, Jeremy Hunt, announced the end of non-dom status and a move towards a residence-based approach to taxation with tax advantages for new arrivals to the UK will be limited to four years, after which their income will be taxed in the same manner as other UK residents. Significant […]
Read moreCorporate Governance – Zambia
Good corporate governance practices promote investor confidence which in turn contributes to the economy. In an article published by Centre for Elites on 14 April 2024 the following institutions are listed as promoting good corporate governance in Zambia: https://prep.educom360.com/promoting-good-governance-in-zambia/ The above list implies that Zambia, along with many parts of the rest of the world, […]
Read moreListing your business
There are many stock exchanges where different financial instruments are traded including equities, commodities, and bonds. At a certain stage of development, a company may wish to consider the opportunity of listing on a stock exchange to allow the company to benefit from improved access to capital, increased public awareness and greater access to liquidity. […]
Read moreMeet our Director Steven Quirk
Please can you give us an overview of your career? I left school at 15 and started out with a summer job in the grocery department of a local supermarket. I enjoyed the interaction with the customers, but it wasn’t a long-term career! I eventually found myself working as a company administrator at a CSP, […]
Read moreAbolishment of non-dom status
On 6 March 2024, Jeremy Hunt announced the end of the current tax regime whereby a person who is resident in the UK, but not settled here permanently, would pay tax on their UK income but may have been able to avoid paying tax on unremitted foreign income. This so-called ‘non-dom status’ also provided some […]
Read moreDigital Customer Due Diligence – The Future
In the fast-paced digital landscape that we find ourselves in, it is imperative that we keep up with technological advancements and endeavour to provide the best and most cost-effective service to our clients, who are based all over the world. One such evolution that has become increasingly crucial in today’s fast paced world is the […]
Read moreBoston announces acquisition of Turnstone’s fiduciary business
Boston Multi Family Office is pleased to announce it has completed the acquisition of the fiduciary business from Turnstone (Isle of Man) Limited. The move will see Roelf Odendaal, the co-founder of Turnstone (Isle of Man), and his fiduciary team and clients join Boston. It is the third acquisition by Boston since the management buyout […]
Read moreA Reflection on 2023
So we find ourselves yet again reflecting on another year over and thinking about the new one about to begin. 2023 has not been without its share of tragedies and challenges, conflicts throughout the world continue, energy prices remain high and continued rises to interest rates have all contributed, albeit in different ways, to some […]
Read moreIsle of Man Corporate Vehicles
The Isle of Man operates two regimes – the traditional Companies Act 1931 and a more modern regime under the Companies Act 2006. These types of company exist in parallel with each other.
Read moreWhy Choose Volunteering?
In a busy world, it’s essential to find a balance between personal and professional commitments and giving back to the community. Even small acts of volunteerism can make a significant difference. Whether you can spare a few hours a week or participate in occasional volunteering events, your efforts can contribute to a more compassionate, connected […]
Read moreBoston hosts annual drinks party at Monaco Yacht Show
The Monaco Yacht Show is the most prestigious flagship event in the yachting calendar and each year the team from Boston are in attendance, representing the Isle of Man and Malta in celebrating the quintessence of the superyacht lifestyle. Katherine Ellis, CEO was in attendance alongside Alex McNee, Group Director and Stephen Wilson, COO. The […]
Read moreWork Experience at Boston by Lily Ellison
From the early years of my secondary school experience, I have always expressed an interest in Business. When it became possible to take business studies for GCSE’s, I jumped at the opportunity. However, when I first started learning, it felt as though I was being taught a foreign language. This in hindsight was to be […]
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