25 November 2015
A few minor changes were announced for individuals – most of them are positive and are summarised here.
12 November 2015
The Government’s consultation on reforms to the taxation of non-doms shows there’s no scope for public debate on the overall impact of the proposed policy changes , merely the details of implementation.
12 November 2015
The new inheritance tax (IHT) threshold for family homes may offer some planning opportunities; make sure you’re ready.
09 September 2015
The way dividends are taxed will change from 6 April 2016 and now HMRC has clarified the detail on the changes, who are the winners and losers?
18 August 2015
Since its inception in September 2009, more than 6,500 people have registered to participate in the Liechtenstein Disclosure Facility (LDF).
12 August 2015
Currently, non-UK domiciliaries (non-doms) can pay UK income tax and capital gains tax (CGT) on their foreign income and gains only if these are brought (‘remitted’) to the UK.
06 August 2015
Changes to the taxation of non-doms were perhaps expected after the UK general election; however, they were not expected on such a fundamental scale. Whether non-doms will stay or go, and what the net impact on the UK economy will be, is a big unknown!
09 July 2015
An emerging theme is a simplification of the tax system for basic rate taxpayers coupled with significant further complexity for companies and high-income individuals. It’s worth asking whether the bundle of tax changes for individuals proposed by the Chancellor risks stifling aspiration.
08 July 2015
The Chancellor outlined measures to allow individuals to pass on their family home on death up to a value of £1 million without suffering inheritance tax, but the funding for this has to come at a cost to those high earners planning for their retirements. Step in changes to pensions.