The new non-resident SDLT surcharge: an overview
A two per cent non-resident SDLT surcharge will apply from 1 April 2021. Our Tax Team provides an overview of the changes, highlighting some areas of possible difficulty
09 November 2020
Webinar on demand: In conversation with Sir Edward Troup
On 6 October 2020, we were joined by Sir Edward Troup, who gave an insider’s view of possible tax changes affecting Private Wealth
14 October 2020
The UK Trusts Register – Where are we now?
HMRC have released the draft regulations implementing the 5th MLD changes to the UK Trusts Register. Our Tax Team examines the scope of these changes
27 July 2020
Important Inheritance Tax Changes for Trusts
We consider Inheritance Tax changes for Trusts in the 2020 Finance Bill and urgent restructuring which trustees and settlors may want to consider where they have excluded property trusts
09 July 2020
Domicile and Long-Term Residence: an early domicile conclusion can become an unwanted gift
The FTT decided it had authority to determine the taxpayer’s domicile status during an application for a closure notice and appeal against an information notice
18 June 2020
Fisher v HMRC: The Upper-Tier Tribunal decision
The Upper-Tier Tribunal decision in Fisher v HMRC has clarified the scope of the Transfer of Assets Abroad code and the applicability of the motive defence
16 April 2020
Is HMRC's new draft Charter an improvement?
HMRC’s new draft Charter has some encouraging additions but a few concerning omissions will hopefully be amended before it is finalised
09 April 2020
The interactions of non-domiciled status and British citizenship by naturalisation
Is the intention to make the UK the principal home for naturalisation purposes consistent with the non-domiciled status?
10 December 2019
Taxation of loyalty payments - HMRC vs Hargreaves Lansdown Asset Management
The VAT treatment of loyalty schemes has been complicated further by HMRC v Hargreaves Lansdown. We look at the legal issues and practical implications for companies and advisers
17 October 2019
The Office of Tax Simplification publish second report on simplifying inheritance tax
The OTS has suggested significant inheritance tax reforms, focusing on interactions of IHT with CGT, Agricultural Property Relief and Business Property Relief, and Lifetime gifts
08 July 2019
Mixed funds and cleansing: non-doms must act soon to avoid missed opportunity
Combining the mixed fund rules and the cleansing rules presents opportunities, but non-doms must act now as the chance to 'cleanse' mixed funds is only available until 5 April 2019.
23 November 2018
Last Chance Saloon: the new "Requirement to Correct" offshore tax matters
If your affairs involve income or assets outside the UK and your UK tax filings up to 5 April 2017 for these offshore matters are not perfect, from 30 September 2018 you face stringent new penalties.
06 September 2018