No more offshore
We anticipate that the Finance (No.2) Bill will be passed through to Parliament early this Autumn. Much of the Bill is concerned...
All of our blog posts are displayed below with the most recent first.
August 1, 2017
Welcome relief?
We have seen various Press articles of late highlighting the plight of those drawing on their pensions, and suffering...
July 3, 2017
Non-dom paralysis
Uncertainty continues to abound regarding the status of the changes to the taxation of non-domiciled taxpayers, originally...
May 7, 2017
Offshore penalties and Tax Evasion
HMRC are continuing to increase the number of tools available to tackle offshore evasion and are taking an increasingly...
October 19, 2016
Non-Dom Reform : Cleansing Offshore Mixed Funds
From 6 April 2017 any individual who has been resident in the UK for at least 15 of the past 20 tax years will be deemed UK...
March 17, 2016
2016 Budget Summary
Yesterday, George Osborne delivered what we consider to be a positive 2016 Budget.
October 1, 2015
Non-dom story goes on...
As expected, the has Treasury released its consultation document on the forthcoming changes to the taxation of non-domiciled...
September 27, 2015
Penalty Suspensions
Careless inaccuracies The recent case of a self-employed locum pharmacist Mr Bharat Patel TC04617: BHARAT PATEL [2015] UKFTT 445...
July 5, 2015
A long time in the making
Taxpayer wins landmark LLC case The Supreme Court has allowed the taxpayer's appeal in Anson (formerly Swift) v HMRC, which has...
August 18, 2014
LDF Update
Liechtenstein and the UK have signed a fourth joint statement updating the Liechtenstein Disclosure Facility (LDF). Our previous...
August 4, 2014
On Borrowed Time
HMRC have withdrawn an important concession regarding the use of loans in the UK which are backed by non-UK assets.
July 14, 2014
Know your options
HMRC are set to make a small but important change to the taxation of share options awarded to internationally mobile employees...
July 14, 2014
Unstable home? CGT for non-residents update...
It has been interesting to keep abreast of various responses to the proposed capital gains tax charge on non-UK residents over...
May 13, 2014
Exercising options: Expats beware!
HMRC are set to make a small but important change to the taxation of share options awarded to internationally mobile employees...
March 19, 2014
Budget 2014 – #Makers-Doers-Savers
The Chancellors’ 2014 Budget speech focused on delivering a message of a UK economy growing at a faster rate than any other...
March 13, 2014
Using pension arrangements in your business
It is often forgotten that pension funds can offer an alternative and tax efficient solution to buying commercial property.
February 6, 2014
Non-doms not deterred
As recently reported in the FT, the levy on non-domiciled individuals raised £178m for the UK exchequer for the 2011-12 tax...
January 16, 2014
What a Relief – Tax Mitigation for Expats
UK tax rules applying to UK non-dom’s and expatriates have been subject to significant change since 6 April 2008. These changes...
January 16, 2014
Autumn Blues
With the festive season behind us, we have had time now to reflect on the Chancellor's Autumn Statement, which now seems to fall...
January 6, 2014
ATTENTION / ACHTUNG / ATENCIÓN / UPPMÄRKSAMHET / Помните / ATTENZIONE / ATENÇÃO !!!!
2012/13 UK TAX RETURNS & LATE FILING PENALTIES This article centres around 2 key questions:
December 20, 2013
Tax Implications on Redundancy/Termination Pay: foreign service relief
It is always disappointing to hear news of redundancies, but sadly the likes of Reuters and Barclays have announced some fairly...
December 5, 2013
Autumn Blues
Today saw the Chancellors Autumn Statement, which now seems to fall traditionally in early December!
November 7, 2013
UK Income Tax Reliefs ‘For the Class of 2013’
If you have recently started a new role with a UK employer following completion of your under graduate, and/or post graduate...
October 24, 2013
Let Property (Rental Income) HMRC Amnesty
What is it Some readers may be aware of recent press announcements by HMRC in connection with the up and coming buy to-let...
September 3, 2013
Finance Act round-up
The Finance Act passed into law as expected on 17 July 2013, and is perhaps best summed up as an anti-avoidance bill. There are...
September 3, 2013
Home is Where the Charge is
The Annual Tax on Enveloped Dwellings or “ATED” regime is now upon us, and could end up being a first step towards a so-called...
August 11, 2013
Non-doms in the spotlight
As recently reported in the FT*, those claiming non-domicile status in the UK may well receive a letter from HMRC gently...
August 7, 2013
A Gift Horse...
HMRC have again intimated that they are comfortable with the concept of so-called "Discounted Gift Trusts" which can be used as...
May 13, 2013
Overseas Workdays Relief – HMRC updated guidance
HMRC have issued revised guidance on the Statutory Residence Test and the operation of Overseas Workdays Relief (OWR) in this...
February 12, 2013
Is there Devil in the Detail?
Further to our previous article we now have the full draft legislation which will apply the new Annual Residential Property Tax...
December 12, 2012
Taxing Problem for High-Value Property
As expected, the Finance Bill released yesterday revealed details of the new Annual Residential Property Tax which is to apply...
December 5, 2012
Much Ado About Nothing
This year’s Autumn Statement turned out to be particularly non-eventful from a tax perspective.
November 16, 2012
HMRC turn up the heat
HMRC are busy reminding taxpayers with Swiss accounts that they only have until 1 January to make a full disclosure of their...
November 9, 2012
JP Morgan EBT - settlement with HMRC draws closer...
As has long been suspected, JP Morgan have been in talks with HMRC to settle their protracted dispute concerning the bank's EBT...
July 31, 2012
Reform of UK anti-avoidance rules
It is often said that the UK’s current anti-avoidance rules for “offshore” structures are inconsistent with EU law, and it comes...
July 16, 2012
A long time coming... changes to IHT for trusts?
In a welcome move, HMRC have entered into a consultation process concerning the inheritance tax (IHT) regime for trusts. This is...
July 9, 2012
U-Turn on French Wealth Tax
As was widely expected, the change in government in France has led to various changes to the French tax system, not least to the...
March 22, 2012
Budget 2012 – How does it affect you?
While there were some surprises in the Chancellor’s speech, a lot was widely predicted in advance and the usual story of...
October 12, 2011
HMRC's Tax Catch Up Plan – Make your disclosure by 6th January 2012!
HMRC have launched their second tax amnesty of 2011, this time focusing on the undeclared taxes of tutors and coaches.
August 24, 2011
Swiss tax agreement announced
Swiss tax agreement announced The long-awaited agreement with Switzerland over bank accounts held by UK taxpayers has now been...
June 22, 2011
Meat on the bones
Treasury reports on Non-Dom consultation Further to the Chancellor’s comments in his March Budget, the Treasury has released its...
June 19, 2011
Crystal clear?
Treasury releases details of new Statutory Residence Test We now have a first look at the long-awaited statutory test for...
May 22, 2011
University Fees Planning
TAP INTO TAX Iss. 1 The purpose of this series of blogs is to highlight innovative tax planning ideas, which you can ‘TAP’ into;...
May 3, 2011
HMRC Clampdown on Swiss Bank Accounts
As part of their ongoing efforts to tackle tax evasion, HMRC have announced a new strategy targeting individuals with Swiss bank...
April 20, 2011
French Tax Reforms
Trouble ahead for non-residents owning property in France? The Sarkozy government in France has announced various tax reforms...
April 17, 2011
Taxpayers Encouraged by HMRC to File Tax Returns On Time...
To mark the start of a new tax year HMRC have presented taxpayers with a new incentive to file their tax returns on time! New...
March 25, 2011
Budget 2011 - style but no substance?
Many readers will have taken a keen interest in the Chancellor’s much vaunted “Budget for Growth” on 23 March. From a tax...
Subscribe Here!
When blogs are published you can select to receive notifications instantly or receive a summary of published blogs daily, weekly or monthly.
You will have the opportunity to opt out at any time.
To subscribe please enter your name, email address, and preferred frequency below.
