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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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 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 because ...
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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 Switzerland.
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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 resident ...
Read MoreIt has been well publicised by ourselves, the press and HMRC that the ‘requirement to correct tax due on offshore assets’ ("RTC") needs to be considered and appropriate action taken as necessary ...
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