A tribunal case to determine whether a group of siblings were domiciled or non-domiciled for tax purposes had to look over the life of the claimants’ grandfather from his birth in 1930. Of particular interest was a ‘farewell party’ held in 1951 before the grandfather moved to Brazil. Could this help establish an intention to live overseas indefinitely or permanently?
In its July 2017 Fiscal Risks Report, the Office for Budget Responsibility identifies specific shocks or pressures that could result in the UK’s public finances not meeting forecasts, or which could threaten fiscal sustainability over the longer term. We’ve analysed the tax issues identified in the report and find that Brexit is not the only threat to tax revenues.
The news coverage and debate since the BBC published salary details for those in the corporation earning in excess of £150,000 has been immense and a wake up call to CEOs and HR Directors to ‘mind the gap’ and have significant focus on addressing inequality.
The new General Data Protection Regulations (GDPR) come into place in May 2018, you need to start preparing now as time is fast running out.