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Mini-Budget Introduces Immediate Measures to Boost the UK’s “Post-Covid 19 Economy”

The Chancellor has today introduced new financial measures in a mini-budget aimed squarely at creating job placements for the young, retaining and saving jobs for the those who have been ...

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UK Tax Residency and the Impact of Covid-19

The world is seeing unprecedented disruption as we try and cope with the outbreak of the latest coronavirus.

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Budget update 2020-21

Today the UK government announced its Budget for 2020-21.

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HMRC’s Offshore Investment Fund Letters

It has become evident that HMRC are acting on information received under the Common Reporting Standards (“CRS”) and other information exchange agreements to make contact with taxpayers that they ...

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HMRC Requesting Offshore Income & Gains information

As previously discussed here  HMRC have been targeting taxpayers who they believe have overseas income and gains, which may not have previously been disclosed. 

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Non-Dom’s Targeted by HMRC Policy Paper

While the 2019 Spring Budget was a fairly benign event for private clients, HMRC published a policy paper which is worthy of further commentary and of particular interest to our non-domiciled ...
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HMRC's "Offshore Income or Gains” Letters

HMRC are currently sending out letters to taxpayers requesting more information on overseas income and gains, which may not have previously been disclosed to HMRC.  This letter has been sent ...

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Dual In The Crown: Considering UK and Swiss Dual Resident Status

Our Private Client Tax Partner Jamie Favell was recently featured in the ePrivate Client annual feature on Switzerland discussing the tax implications of being dual resident in the UK and ...

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Mixed Fund Cleansing: Action Required

 To recap, if you are a non-dom living in the UK, certain tax residency milestones can impact your tax status.

A £30,000 charge applies to access the remittance basis for those who have been ...

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HMRC’s Requirement to Correct Offshore Tax Irregularities

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