James Barnett

When moving back to Australia from the UK, the timing of your financial decisions could save or cost you hundreds of thousands in tax. Knowing how your tax residency, investments, pensions and property work across both countries helps protect your wealth for a stress-free return. Get your tax residency timing right One of the most important considerations is when you stop being a UK tax resident and start being an Australian one.

The case explores Stanley Black and Decker’s (SBD) 2022 financial restatement announcement, which related to how SBD accounted for certain equity issuances in 2019. These transactions had a minimal effect on earnings but significantly reduced shares outstanding, and thus increased earnings per share (EPS). The case provides a comprehensive review of stockholders’ equity accounts and EPS, one of the most ubiquitous metrics in capital markets.

In January 2024, the High Court handed down judgment in a significant case about the effectiveness of historic changes to an occupational pension scheme. As more schemes prepare to buy out, this is likely to be a recurring theme in the years ahead. Newell Trustees Limited v Newell Rubbermaid UK Services Limited & Anor was about whether attempts in 1992 to convert final salary benefits into money purchase benefits for certain members of the Parker Pension Plan (the Plan) were effective.