AUB to hold sem­i­nar on changes in tax on real es­tate in UK

Kuwait Times - - BUSINESS -

KUWAIT: Ahli United Bank will or­ga­nize a sem­i­nar for its clients on Novem­ber 17 in col­lab­o­ra­tion with the well-known Lon­don-based law firm, Charles Rus­sell LLP. The sem­i­nar will pro­vide Ahli United Bank cus­tomers with de­tails about the pro­posed changes to the law re­lated to UK in­her­i­tance tax on res­i­den­tial prop­er­ties owned by off­shore com­pa­nies and will con­clude by an open ses­sion for Q&A.

On this oc­ca­sion, Med­hat Taw­fik, Gen­eral Man­ager of Pri­vate Bank­ing and Wealth Man­age­ment at Ahli United Bank, said in a press release: “This sem­i­nar con­tin­ues a se­ries of sem­i­nars that Ahli United Bank has or­ga­nized to shed light on buy­ing and sell­ing res­i­den­tial prop­er­ties in Lon­don and else­where in the United King­dom. In the past we have re­ceived an ex­cel­lent at­ten­dance from our bank clients es­pe­cially as the real es­tate mar­ket in Lon­don in­creas­ingly at­tracts clients”.

Taw­fik added, “The Bank’s am­bi­tion is to keep clients in­formed of such changes and the im­pact they may have on real es­tate in­vest­ments. Such sem­i­nars show that Ahli United Bank is al­ways con­cerned with ful­fill­ing client expectations of us at all times.”

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