The date for the forthcoming Autumn Budget has not yet been set, but all signs are pointing towards tax increases being announced by the Chancellor in late October/early November.
Read MoreHMRC have published Spotlight 56 entitled Disguised remuneration: tax avoidance by owner managed companies using Remuneration Trusts.
Read MoreIn recent weeks HMRC have recommenced a campaign which targets taxpayers that have overseas assets, income and gains, which may not have previously been disclosed to HMRC.
Read MoreThe Chancellor has today introduced new financial measures in a mini-budget aimed squarely at creating job placements for the young, retaining and saving jobs for the those who have been furloughed, ...
Read MoreWhen purchasing a second home, owners are compelled to pay an additional 3% stamp duty land tax (SDLT) on top of the normal SDLT rates applicable to their homes. If however, the second property ...
HMRC have won the latest stage on a long running case into the availability of tax relief for contributions made in specie to Self-Invested Personal Pension Schemes (SIPPs). The case will be of ...
HMRC has updated their guidance to include Coronavirus in the list what constitutes a “reasonable excuse” for failing to meet certain tax obligations. Such reasonable excuses can be used to appeal a ...
Jamie Favell, our Private Client Tax Partner talks to Mark Zoril on a Plan Vision podcast discussing the tax issues facing UK residents when they leave the UK and similarly those faced when an ...
Read MoreThe US is one of the few countries in the world to tax their citizens not on their US residency status but on their citizenship. This means that US citizens (and Green Card holders) living outside of ...
Read MoreMany US taxpayers residing overseas make use of the Foreign Earned Income Exclusion (FEIE) when filing their US tax returns. To claim these exclusion the US tax payer must have met one of two tests: