Sheltons welcome UK Chartered Tax Adviser to the Sydney office!

We are pleased to announce that our Australian team has been joined by an experienced UK Chartered Tax Adviser. Brad Beresford is working out of our Sydney office in Barangaroo.

Brad Beresford CTA

Brad is a UK Tax Manager who specialises in UK taxation and international tax affairs.

Brad is a qualified Chartered Tax Adviser who is a member of the UK Chartered Institute of Taxation (CIOT).

Brad has also passed his exams in Association of Taxation Technicians (ATT) & Association of Accounting Technicians (AAT).

Brad has previously worked for a top 10 firm in London but decided to make the move to the other side of world for the warmer weather.

Brad predominantly specialises in UK taxation for individuals and trusts. In his previous years of experience, he has assisted High Net Worth Individuals (HNWI) and their families’ entities. Brad has advised on all areas of taxation assisting individuals on Personal Tax, Capital Gains Tax, Inheritance Tax and Trust Taxation.

Brad’s day-to-day work includes advice on matters as varied as residency and domicile, capital gains tax planning, inheritance tax planning and UK/offshore trusts. Brad has considerable experience in dealing with UK tax returns and UK property returns.

Brad works closely with our Australian and Singapore colleagues to assist our clients arriving and leaving the UK. If you are considering moving out of or into the UK, Brad can assist with your tax affairs to help smooth the process.

At Sheltons, we understand the importance of having a UK tax adviser in the Southern Hemisphere and we believe having Brad’s expertise will help further our clients’ needs.

We welcome Brad to the team, and we are excited for him to assist our clients with their international tax affairs.

If you have any UK tax questions or services that you require further assistance, please do not hesitate to contact Brad by emailing: B.Beresford@SheltonsGroup.com.

Outside the office

Brad previously lived in the South of England however, now resides in Manly based in the Northern Beaches, New South Wales.

Brad moved with his partner, where they enjoy exploring the local areas and having beach days with their friends and family.

Brad is a keen sportsman and enjoys activities such as golf, football, cricket and padel. He is an avid Tottenham Hotspurs supporter despite their performances.

ETL Global International Conference 2024

Ned Shelton, Ivan Zammit, Stef Oragano, Courtney Gleeson and Morten Kenhof were delighted to attend the ETL Global 2024 International Conference in Rome, on 09-11 October.

The main theme of this year’s event was “Achieving Quality Together”. The event was a chance to exchange knowledge and experience, and to explore the best strategies that can be applied to professional services firms.

The team participated in working group sessions, attended interesting panel discussions, and enjoyed networking with other professionals.

The Sheltons team are looking forward to the next ETL event and connecting with more members.

Ned Shelton (Managing Partner – Sheltons Australia, Sheltons Singapore, Sheltons UK)
Ivan Zammit (Partner – Sheltons Malta)
Stefano Oragano (Partner – Sheltons Denmark)
Courtney Gleeson (Partner – Sheltons Legal, Australia)
Morten Kenhof (Senior Consultant – Sheltons Denmark)

ETL GLOBAL – ETL GLOBAL | Tax, Legal, Audit, Accounting. (etl-global.com)

ETL GLOBAL Conference 2024 – Achieving Quality Together (etl-global.com)

If you would like to speak to one of the team, please visit our contact page.

 

 

 

 

Singapore incorporated companies are required to file financial statements with the Accounting and Corporate Regulatory Authority (ACRA). There are some exemptions. Additionally, some companies will also be required to file eXtensible Business Reporting Language (XBRL) format financial statements with ACRA.  

There are four types of XBRL templates which can be used: 

  • Full XBRL 
  • Simplified XBRL 
  • XBRL Financial Statements Highlights (Banks) 
  • XBRL Financial Statements Highlights (Insurance) 

The majority of non-publicly accountable companies will file XBRL financial statements using the full or the simplified template.  

The filing of full XBRL financial statements is mandatory in the following circumstances: 

  • Singapore incorporated exempt private companies (EPCS) that are insolvent and do not meet the “small company” criteria 
  • Singapore incorporated non-exempt private companies (EPCs)  

An exempt private company (EPC) will be characterised as follows: 

  • Usually ends with “Pte Ltd” 
  • Has a maximum of 20 shareholders 
  • Does not have any corporate shareholders 
  • Has a share capital 

A company fulfils the definition of a “small company” if the revenue and total assets for the financial year end do not exceed SGD 500,000 respectively. 

For more details on eXtensible Business Reporting Language financial statements filling requirements, please contact us.  

Contact Us

At Sheltons Accountants Singapore we have extensive experience in providing Singaporean and international tax advice. This includes advice on tax treaty issues and cross-border tax efficient structuring.

If you need advice or assistance with your Singaporean tax obligations, or if you would like us to prepare your Singaporean tax returns, we’re here to help.

Simply send us an email at SG@SheltonsGroup.com.

Sheltons Singapore

Back to Blogs