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HMRC have launched a tax amnesty for health professionals to disclose undeclared income.

The net investment income tax, which applies for the first time from Jan 1 2013, imposes a rate of 3.8 percent to certain net investment income of individual estate and trusts that have income over ...

In June the Supreme Court heralded the way for change. The Defense of Marriage Act (DOMA) was deemed unconstitutional; marriage should no longer refer to the union between a man and woman only.

The IRS has recently introduced the Streamline Voluntary Disclosure programme. This scheme has been offered as something akin to an olive branch. Its aim is help those US citizens residing outside ...

As announced in the 2013 Budget, the Government is consulting on changes to two aspects of the partnership tax rules.

The Finance Act passed into law as expected on 17 July 2013, and is perhaps best summed up as an anti-avoidance bill. There are some positives, however, and we have sought to draw out the good and ...

The Annual Tax on Enveloped Dwellings or “ATED” regime is now upon us, and could end up being a first step towards a so-called mansion tax in the UK.

As reported in the Wall street Journal last week, figures show the number of US citizens renouncing their citizenship is on the rise.

As recently reported in the FT*, those claiming non-domicile status in the UK may well receive a letter from HMRC gently reminding them that non-UK income/gains which they remit to the UK are ...

HMRC have again intimated that they are comfortable with the concept of so-called "Discounted Gift Trusts" which can be used as part of an inheritance tax mitigation strategy.