Versuchen GOLD - Frei

Divorce banker keeps most of £80m he gave to wife to avoid tax

Daily Express

|

July 03, 2025

A RETIRED banker who gave his wife nearly £80million to avoid paying inheritance tax will not have to split that money with her equally following a divorce, the Supreme Court has ruled.

- By Danny Halpin

Divorce banker keeps most of £80m he gave to wife to avoid tax

Five justices unanimously agreed that because most of the cash had been earned prior to the marriage, Clive Standish, 72, was entitled to keep the largest share.

UBS’s ex-chief financial officer had transferred the assets in 2017 to his Australian wife Anna, 57, to take advantage of her non-dom status and allow more money to benefit their two children.

Mr Standish, being domiciled in the UK, was worried about paying around £32m in inheritance tax if he died with the assets in his name, Lords Burrows and Stephens said in their ruling.

They said: “In short, there was no matrimonialisation of the 2017 assets because, first, the transfer was to save tax, and, secondly, it was for the benefit of the children, not the wife.

WEITERE GESCHICHTEN VON Daily Express

Daily Express

Daily Express

5 hurt as stunt chopper plunges into beach hotel

A DAREDEVIL pilot was last night thought to be among five people injured when a helicopter plummeted from the sky and hit a hotel.

time to read

1 min

October 13, 2025

Daily Express

'It is not good enough for Rachel Reeves to tinker with awful tax grab... she must drop it altogether

CHANCELLOR Rachel Reeves has been urged to U-turn on her inheritance tax raid on farmers instead of merely tweaking the hated policy, as reportedly planned.

time to read

3 mins

October 13, 2025

Daily Express

FIGHT OR FLIGHT

Battle is on for England stars to make plane for World Cup

time to read

1 mins

October 13, 2025

Daily Express

PALACE BATTLE TO KEEP GLASNER

CRYSTAL PALACE are stepping up their efforts to tie down manager Oliver Glasner to a new deal amid speculation linking him with a move to Manchester United.

time to read

1 min

October 13, 2025

Daily Express

Daily Express

World awaits momentous homecoming for Israel's 48 hostages

HAMAS is set to hand over 48 Israeli hostages today as part of Donald Trump's historic Gaza peace plan.

time to read

3 mins

October 13, 2025

Daily Express

What being in MRI machine is really like

I VOLUNTEERED to have an MRI scan to experience what it is like and within minutes I learnt that it is not very pleasant.

time to read

1 mins

October 13, 2025

Daily Express

Daily Express

Squashing in 70,000 pumpkins

AN aerial view shows some of the 70,000 potential Halloween lanterns growing on one of Britain's biggest pumpkin patches.

time to read

1 min

October 13, 2025

Daily Express

IT'S A HARD MUTT LIFE

WADDLING towards me with a slight limp and a wagging tail, it's inconceivable that a dog as adorable as 10-yearold Barney has spent more time waiting for a forever home than any other dog in the whole of the UK.

time to read

3 mins

October 13, 2025

Daily Express

ULTRA-FAST SCAN CAN BOOST DEMENTIA DIAGNOSIS RATES

A BREAKTHROUGH in scan times for dementia is set to boost diagnosis rates by doubling NHS capacity for the tests.

time to read

4 mins

October 13, 2025

Daily Express

Daily Express

'We deserve answers on China spy scandal'

TORY leader Kemi Badenoch is calling on Sir Keir Starmer to appear before MPs to answer questions over the China spying scandal.

time to read

2 mins

October 13, 2025

Listen

Translate

Share

-
+

Change font size