The UK Budget delivered on 26 November 2025 introduced a series of targeted measures for internationally mobile, UK‑connected individuals and families with cross‑border wealth, but do not represent the sweeping tax reforms that had been predicted. The Budget is arguably
More about Globally Speaking – UK Budget UpdateDespite speculation, the Budget did not introduce a capital gains tax (CGT) exit charge for individuals leaving the UK; nor were there new wealth taxes beyond the high-value council tax surcharge, two measures which were strongly rumoured in the weeks
More about The UK Budget 2025: impact for international private clientsAs the Autumn Budget approaches on 26 November, the private client sector is poised for further change amid uncertainty over the UK’s evolving political and economic landscape. Tax reforms affecting UK-based individuals — and potentially those with UK connections —
More about Globally Speaking – October 2025This article outlines the key principles and scenarios affecting the inheritance rights of spouses, children, and parents. Previous articles on this topic include Shari’ah, and an introduction to Islamic inheritance law and Heirs in Islamic law. Shari’a law On the
More about Shares under Islamic InheritanceThe ROE Since 31 January 2023, overseas entities that hold or acquire interests in UK real estate have been required to register with the UK Registrar of Companies (via Companies House) (the Registrar) and to disclose required information about themselves,
More about Public disclosure of trust information: reforms to the ROE and TRS regimes affecting non-UK trustsOn 2 September 2025, the UK Government published draft “Money Laundering and Terrorist Financing (Amendment and Miscellaneous Provision) Regulations 2025” (the Regulations), which included proposed amendments to the rules governing the UK’s Trust Registration Service (TRS). These changes aim to
More about Expansion of the UK Trust Registration Service: implications for non-UK trustsWider context Carried interest is a share of profits from an investment that is paid to investment managers and general partners in private equity, venture capital, or hedge funds. It is a performance fee that is paid out to fund
More about Private equity and carried interest: preparing for the new rules
This article will help you understand your rights, responsibilities, and the process ahead. Do I have to make an application for permission to relocate internationally? If agreement can be reached between you and the parent to be left behind that
More about Relocating with a child internationally
As we move into the second half of the year, the UK’s private wealth landscape remains in flux. With a potential watering down of the “non-dom” tax reforms being quietly floated due to concerns over a potential shortfall in public
More about Globally Speaking July 2025The tax implications vary greatly between personal and corporate ownership, affecting everything from stamp duty land tax (“SDLT“) on purchase, tax on disposal, and inheritance tax (“IHT“) typically chargeable on death. Understanding these differences is crucial for making an informed
More about UK property ownership: Personal vs corporate ownership – what is the tax impact?