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It is widely known that from 6 April 2015 a new capital gains tax (“CGT”) regime will apply to non-resident owners of UK residential property. This will be known as ‘extended CGT’ and will apply to ...

Changes in Russian Tax Law to Force Migration to UK

The Russian government has passed new tax legislation that will force Russian taxpayers to pay taxes in Russia on retained earnings of ...

Launched with much fanfare in 2013, Patent Box is a flagship Government policy to promote innovation in the UK economy. Patent Box permits eligible companies to reduce their headline corporation tax ...

UK and 51 jurisdictions to share financial account details of resident taxpayers

The UK has signed up to a new automatic information exchange agreement, with 51 jurisdictions. This includes the ...

It may have escaped landlords' attention that, as from 6 April 2013, HM Revenue & Customs have withdrawn the ‘renewals basis’, which is the concession that previously allowed a deduction for the ...

Investing in companies listed on the Alternative Investment Market (AIM) is often seen as an attractive prospect from an inheritance tax (IHT) viewpoint, with shares in many AIM listed companies ...

A tax policy for innovation

Research and development involves significant risk and cost and even a successful technical outcome does not always guarantee success in the market place. Despite this, ...

It is not unusual for an employee to receive a valuable signing on bonus, often referred to as a ‘golden handshake’ in exchange for accepting a role and committing to a minimum period of service. ...

A report in this weekend’s Financial Times highlighted that HMRC have collected £154M following investigations into ‘high-income workers who are non-UK citizens’.

Embracing the global economy

In an increasingly global marketplace, governments around the world are focussing on where profits are taxed and where they should be taxed. In 2013, the OECD and G20 ...