Offshore tax

We have been made aware by the Chartered Institute of Taxation that, the UK tax authorities,  HM Revenue and Customs (“HMRC”) intend to target offshore companies owning UK property.

There has been a huge amount of press around the fact that Rishi Sunak’s wife, Akshata Murthy, is a “non-dom” and able to access the “remittance basis of taxation”.In case it isn’t clear this isn’t a ...

 To recap, if you are a non-dom living in the UK, certain tax residency milestones can impact your tax status.

A £30,000 charge applies to access the remittance basis for those who have been resident ...