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The impact of war in Ukraine and Russian sanctions: a UK tax adviser’s guide

David Whittaker (Mishcon de Reya) provides a guide for the UK tax adviser to help them navigate this new complex landscape.

The war in Ukraine has precipitated a flurry of legislative changes that significantly impact UK tax advisers fiduciaries and their clients. The volume of new legislation and the speed with which it has been introduced presents significant challenges. In addition some new rules are ambiguous and potentially very extensive in their scope and application and the consequences for breach are severe. It is therefore imperative that UK tax advisers and fiduciaries understand their own obligations and how to comply. This article seeks to provide a high level roadmap for the UK tax adviser to help them navigate this new complex landscape.

The UK Russian sanctions regime: where are we now?

The Russia (Sanctions) (EU Exit) Regulations SI 2019/855 (‘UK regulations’) were made under...

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