If you have recently started a new role with a UK employer following completion of your under graduate, and/or post graduate studies you will probably be aware that you will be subject to UK income ...
Read MoreThe 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 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 ...
Read MoreHMRC have issued revised guidance on the Statutory Residence Test and the operation of Overseas Workdays Relief (OWR) in this “brave new world”.
Read MoreA new disclosure facility has been launched by HMRC, the Property Sales campaign.
Read MoreFurther to our previous article we now have the full draft legislation which will apply the new Annual Residential Property Tax (ARPT) and Capital Gains Tax (CGT) charges relating to certain ...
Read MoreHMRC are busy reminding taxpayers with Swiss accounts that they only have until 1 January to make a full disclosure of their Swiss assets. The rather stark alternative is to suffer the one-off ...
Read MoreAccording to a report in the Daily Telegraph, HM Revenue and Customs (HMRC), the UK tax authorities, have obtained details of every British client of HSBC in Jersey after a whistleblower secretly ...
Read MoreIn a welcome move, HMRC have entered into a consultation process concerning the inheritance tax (IHT) regime for trusts. This is one of the more obscure and computationally complex areas of UK tax ...
Read MoreAt present, an individual’s UK tax residence position is based on some limited statutory rules and a wealth of case law, established HMRC practice and published HMRC guidance.
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