If a bright light shone on your business, would you be ready?
Perhaps the biggest change is the introduction of a central register of company beneficial ownership. It identifies those who really control companies - even if they sit at the top of a chain of entities or pull strings in the wings.
To read Corinne Staves' full article go to Spear's Wealth Management Magazine.
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HMRC has launched a consultation on a review of the government's principles for taxing trusts. Fiona Poole examines the review in more detail.
In a bid for ever-increasing transparency, the UK government intends to continue the trend with the introduction of a further beneficial ownership register.
Eesha Arora and Sophie Wettern offer some ideas for navigating intergenerational conflicts in wealthy families