The Chancellor Rachel Reeves delivered the first Labour Budget for 14 years on Wednesday 30 October 2024. The Chancellor spoke of rebuilding Britain once again and restoring economic stability. All ...
Read MoreWe advise a lot of clients on their UK tax resident status and also, in cases where they are dual resident, we assist them in determining the country they are tax treaty resident in.
It is being widely reported in the UK press that UK taxpayers are leaving the UK due to the tax changes coming into force from 6 April 2025.
On 29 July His Majesty’s Treasury (HMT) made a request for stakeholders to provide evidence and comments on proposals to reform the taxation of Carried Interest. The Chartered Institute of Tax (CIOT) ...
Read MoreThe Chancellor Jeremy Hunt delivered his Spring Budget on Wednesday 6 March 2024. His focus was on updating the tax regime for non-domiciled individuals and supporting working families. The proposed ...
Read MoreThe Chancellor Jeremy Hunt delivered his Autumn Statement on Wednesday 22 November 2023. His focus was on encouraging investment into UK businesses, however there were some changes that may affect ...
Read MoreThere 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 ...
The Sword of Damocles hanging over UK investors is the continued threat of hikes in capital gains tax (“CGT”) rates. The rates of capital gains tax are currently very competitive, with CGT charges at ...
Read MoreFurther to the government’s announcement on 7 September 2021 HMRC have now released their less than positive impact statement on the 1.25% NICs increase.
Read MoreBoris Johnson has today announced a 1.25% health and social care tax across the UK to help the NHS recover from the Covid pandemic. This will initially be collected via a 1.25% rise in National ...
Read More