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Non-dom story goes on...

As expected, the has Treasury released its consultation document on the forthcoming changes to the taxation of non-domiciled individuals (‘non-doms’).  The full consultation paper can be found here.

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Capital Gains Tax for Non-Resident Owners of UK Residential Property

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 ...

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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 ...

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Nowhere to Hide

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 ...

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HMRC have withdrawn an important concession regarding the use of loans in the UK which are backed by non-UK assets.

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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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