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Non-Dom Campaign Reaps Rewards for HMRC

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’.

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I didn’t EXPAT that...

If you are a British Expat or a non-resident UK tax payer you will have no doubt seen the news headlines in recent months:

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On Borrowed Time

HMRC have withdrawn an important concession regarding the use of loans in the UK which are backed by non-UK assets.

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Off-target

HMRC’s Let property campaign, overseas bank accounts and low effective tax rates

HMRC are stepping up their campaign trail to ensure taxpayers pay the ‘correct amount of tax’...

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Unstable home? CGT for non-residents update...

It has been interesting to keep abreast of various responses to the proposed capital gains tax charge on non-UK residents over recent weeks.

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Know your options

HMRC are set to make a small but important change to the taxation of share options awarded to internationally mobile employees with effect from 6 April 2015. 
 Given the concentration of expatriates ...

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Exercising options: Expats beware!

HMRC are set to make a small but important change to the taxation of share options awarded to internationally mobile employees with effect from 6 April 2015.

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Non-doms not deterred

As 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 ...

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Cayman Get It: HMRC target taxpayers with financial assets on the Island

Following 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 ...

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What a Relief – Tax Mitigation for Expats

UK 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 ...

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