HMRC have set up a task force focused on collecting tax from Scottish taxpayers who appear to be living beyond their means. They apparently have access to data which allows them to identify ‘badges ...
Read MoreA taxpayer wins case to claim a repayment exceeding the 4 year limit
Mr Higgs made payments on account for the tax year 2006/07 in accordance with the previous year’s liability. Mr Higgs forgot to ...
Read MoreThe Chancellor of the Exchequer, George Osborne, delivered the first Conservative Budget since 1996 today.
Read MoreTaxpayer wins landmark LLC case
The Supreme Court has allowed the taxpayer's appeal in Anson (formerly Swift) v HMRC, which has been something of a long-running saga.
Read MoreIndividuals who are not resident in the UK are generally exempt from capital gains tax (CGT) on gains made on the disposal of their UK assets. However, since 6 April 2015, gains made by ...
Read MoreThe UAE and US have signed an agreement to implement America’s Foreign Account Tax Compliance Act (FATCA). Under this agreement the UAE based financial accounts of US citizens in the Gulf state will ...
Read MoreAnd why you might not want to read this blog if you think you may be.
Holding a US passport means enjoying the benefits of unhindered travel to and from the US and many people, who are rightly proud ...
Read MoreWe often advise individuals who are moving to the UK on how to structure their financial and business affairs in a tax efficient manner, prior to their arrival.
Read MoreOur client, a non-UK domiciled individual, has lived in the UK for a number of years. Initially, his “non-dom” status allowed him to access the remittance basis of taxation and he did not suffer UK ...
Read MoreOur recent work for a client provides some good examples of planning which can be considered for a UK resident but non-UK domiciled individual.
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