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HMRC are piloting a change in the way that they monitor of excepted estates. ... More Details
Following upon a previous meeting in 2007, another meeting of TACT representatives and IRCT was held on 11 February 2010 at which issues raised by members of TACT PTC were raised along with issues remaining unresolved from the 2007 meeting. ... More Details
Six free toolkits to help agents avoid common errors when filing clients' returns were published on 17 May 2010 by HM Revenue & Customs ... More Details
TACT have written to HMRC regarding the proposals concerning tax reclaims in Settlor Assessable Trusts ... More Details
Introduction
TACT (The Association of Corporate Trustees) Code of Practice - Adopted in Full 11 July 2013
The Association of Corporate Trustees is the representative body for professional corporate trustees.
Our members operate in diverse areas of trusteeship and allied operations.
It is recognised that members are subject to regulation, oversight and control by a number of bodies and no code of practice adopted by TACT can or should replace these.
This Code relates to all members and all business.
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Arrangements for the Dinner are now being finalized. It will again be held at The Merchant Taylors’ Hall, 30 Threadneedle Street, London EC2R 8JB
The principal speaker will be ALAN WRIGHT.
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The Association of Corporate Trustees (TACT) is the membership organisation of the UK corporate trustee sector. Its members include trust companies owned by banks and major financial institutions as well as those set up by firms of accountants, lawyers and pension advisors. Those trust companies are responsible for the management of over £1 trillion worth of assets, including sovereign and other debt of over £900 million and occupational pension funds with in excess of 1.25 million members, representing over 10% of that sector
... More Details
The Association of Corporate Trustees (TACT) is the membership organisation of the UK corporate trustee sector. Its members include trust companies owned by banks and major financial institutions as well as those set up by firms of accountants, lawyers and pension advisors. Those trust companies are responsible for the management of over £1 trillion worth of assets, including sovereign and other debt of over £900 million and occupational pension funds with in excess of 1.25 million members, representing over 10% of that sector
... More Details
Present
HMRC Ton y Key, Ian Hempstead
TACT Mik e Coulshed, Paul Saunders
1. Compe nsation payments
1. Compe nsation payments
Question
There are significant issues around the taxation of the various different redress payments being made at the present time, such as in relation to the PPI mis-selling.
We understand the correct position is that there is no value attributable for IHT purposes on death if the right to compensation had not been established before the date of death. Conversely, if as at the date of death an offer of settlement had been made, the value then on offer would seem to be the appropriate value for IHT purposes.
... More Details
Trust Companies, Benefit and Operation Checklist Members and potential members are referred to this useful checklist kindly prepared for TACT by Keith Wallace of Reed Smith LLP ... More Details
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TACT
W J Stephenson, 3 Brackerne Close, Cooden, Bexhill on Sea, East Sussex TN39 3BT
Phone/Fax: 01424 844144 --------------------------
E-mail: tact@cooden.fsbusiness.co.uk tact@cooden.fsbusiness.co.uk |
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TACT Dinner - 3 October 2013 ALAN WRIGHT -BBC PRESENTER AND AFTER-DINNER SPEAKER
In 1998, two of the major events on the calendar in Northern England were the European Presidency Meeting of Ministers, and the launch of the new Rolls Royce. The link between them was Alan Wright, who was the anchor-man for the first, and the after-dinner speaker at the glittering dinner for the second. For over twenty years, Alan Wright has been one of the most well-known voices in his native North of England with his live daily programmes on BBC North and more recently, a familiar face too, on BBC TV. He also had the honour of acting as royal commentator when Her Majesty the Queen opened the Millennium Bridge for BBC TV in 2002
His travel writing and broadcasting keeps him particularly busy, and he has enjoyed combining his speaking tours with travel journalism in many parts of the World.
From 1993 to 1995, Alan took a short `sabbatical` from the BBC when he was asked to become Chief Executive at Durham County Cricket Club and had a fascinating two years during which the superb new Riverside Ground was developed. During his spell at the helm, membership became the biggest in England outside a Test Match Ground, and business support broke all records, with the £500,000 sponsorship deal with Newcastle Breweries drawing a gasp throughout the cricket world. Under the headline `Captain's Innings`, an editorial in the Newcastle Journal said: `The enormous success of the county has been due to his astute enthusiasm.`
Many people throughout the UK, and beyond, know Alan Wright best as a top class after-dinner speaker. Recent London engagements have included the Cafe Royal, the Park Lane Hilton, the Dorchester and the Institute of Directors, while international appearances have included the USA, Dubai, and even France (for Martell Cognac).
He has regularly chaired major conferences and awards ceremonies, and has recently hosted events featuring some of the biggest names of British politics, including Prime Minister Tony Blair(performed at his 50th), and senior Government Ministers Peter Mandelson, Mo Mowlam, and Jack Cunningham.
Alan has also hosted many tours and `talk-ins` with big sporting names including Ian Botham, Kevin Keegan, Graham Gooch, Jack Charlton and Dean Richards. Alan's experience and versatility is in constant demand, whether as a stimulating speaker at business conferences, or a very funny entertainer on lighter occasions. He has received the highest praise from a legion of leading personalities, and commendations have included the following:
'......... a superb performance. Alan Wright held over 500 people in the palm of his hand for nearly an hour. The banqueting suite was rocking with laughter, and he thoroughly deserved his long standing ovation.` - Institute of Shipbrokers.
Cont …
ALAN WRIGHT CLIENT COMMENTS
`.... everyone thoroughly enjoyed your speech, and the good feedback I've been receiving has been tremendous. `- BRITISH AIRWAYS
`...you were wonderful - what more can I say ` KPMG
`. . . . . your outstanding and most entertaining after-dinner speech made the evening a tremendous success. `- NISSAN CB
` . . thank you for the tremendous speech you gave at the Institute of Directors last week- it's the way you tell 'em!`- NATIONAL TYRES & AUTOCARE
`.. may I say how much we enjoyed your most excellent address to us at our Annual Dinner at the Park Lane Hilton. Everyone who attended had some compliment to make ...my only problem is that I dread who I`m going to ask next year!`- ASSOCIATION OF COST ENGINEERS
`... thank you for your outstanding contribution to our MBA Dinner. . all those in attendance have paid tribute in glowing terms to your speech. ` UNIVERSITY OF NEWCASTLE
`. . . thank you for entertaining us so well at York. I have received numerous compliments from all who attended. . . it was a pleasure to watch such an astute performance. `- TEES HEALTH AUTHORITY
`. . . . thank you for the excellent entertainment. . . . . . everyone commented on your superb performance. `AUTOMOBILE ASSOCIATION CAR AWARDS
`... brilliant ... when can you come back?`- DUBAI COUNTRY CLUB
` ... superb ... Alan's a different class`- PETER BEARDSLEY
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