Earlier today the current Chancellor announced the latest Autumn Statement. Unlike the “fiscal event” announced 55 days ago by the previous Chancellor, this was a tax raising and cost cutting ...
Read More
We have been made aware by the Chartered Institute of Taxation that, the UK tax authorities, HM Revenue and Customs (“HMRC”) intend to target offshore companies owning UK property.
Read More
Today Kwasi Kwarteng presented his first budget and with a clear strategy, reduce taxes to stimulate growth!
Some headline changes were already anticipated but the Chancellor pulled a rabbit from the ...
Read More
There has been a huge amount of press around the fact that Rishi Sunak’s wife, Akshata Murthy, is a “non-dom” and able to access the “remittance basis of taxation”.In case it isn’t clear this isn’t a ...
Read More
The 2021 Autumn Budget was delivered today by The Host, the Chancellor of the Exchequer Rishi Sunak.
Read More
HMRC has warned taxpayers that hold crypto assets, that they should expect to be contacted to verify their tax affairs are in order.As you may be aware, information is provided to HMRC from a variety ...
Read More
The Chancellor’s forthcoming budget is only a few weeks away (27 October) and as usual there is plenty of speculation regarding what announcements he might make. There seems to be a growing consensus ...
Read More
The Sword of Damocles hanging over UK investors is the continued threat of hikes in capital gains tax (“CGT”) rates. The rates of capital gains tax are currently very competitive, with CGT charges at ...
Read More
Companies that own UK property are required to file annual ATED Returns (“Annual Tax on Enveloped Dwellings”) with HMRC.
Read More
