The net investment income tax is a new tax charged at a flat rate of 3.8% which will apply for the first time on Federal income tax returns for 2013. This is a charge in addition to your Federal ...
Read MoreAs recently reported in the FT, the levy on non-domiciled individuals raised £178m for the UK exchequer for the 2011-12 tax year. This represents a 6% rise on the prior year, and the highest figure ...
Read MoreFollowing the automatic tax information exchange agreement between the UK and the Cayman Islands, signed on 5 November 2013, HMRC has written to UK resident individuals it understands hold bank ...
Read MoreIt was announced in the 2013 Budget that a consultation document would be published, which focused on two main aspects of partnership tax. The areas under consultation were profit and loss ...
Read MoreUK tax rules applying to UK non-dom’s and expatriates have been subject to significant change since 6 April 2008. These changes have resulted in key pieces of legislation being introduced namely the ...
Read MoreWith the festive season behind us, we have had time now to reflect on the Chancellor's Autumn Statement, which now seems to fall traditionally in early December!
Read MoreIt has been reported in today’s press that London now surpasses New York as the leading city for property investment for foreign investors, according to a survey released yesterday by the ...
Read More2012/13 UK TAX RETURNS & LATE FILING PENALTIES
This article centres around 2 key questions:
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