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 dust begins to settle on last week’s Budget and the initial flurry of headlines subsides, we can breathe a sigh of relief that for now, we know the direction of travel on tax policy. As such, we expect
More about In Trust – December 2025Amendments made to the International Tax Compliance Regulations 2025 have resulted in a new mandatory registration requirement for trusts that are defined as “financial institutions” (FI) or “trustee-documented trusts” (TDT) for international tax information exchange purposes, with existing affected trusts
More about Trust compliance update: new HMRC mandatory registration rulesThe Chancellor, Rachel Reeves, used her highly anticipated Budget on 26 November 2025 to announce that the £1 million allowance for agricultural property relief (APR) and business property relief (BPR) will be transferable between spouses and civil partners with effect
More about Budget 2025: Chancellor announces transferability of agricultural property relief and business property reliefWhile perhaps not as bad as was feared, the announcements confirmed today, from the “high value council tax surcharge” to income tax rate hikes for property, dividend and savings income, will shape decisions for families, trustees, and investors over the
More about Budget 2025: an end to the speculationIt may surprise some that lawyers are regularly asked this question. The 1930s marketing campaign from De Beers suggested it was appropriate to spend a single month’s salary on an engagement ring – but this is long outdated. Engagement rings
More about Diamonds are forever…With the UK facing economic headwinds and political recalibration, all eyes are on Chancellor Rachel Reeves as she prepares to deliver the Autumn Budget on 26 November 2025. Her pre-Budget statement this week, referencing “necessary choices,” has further fuelled speculation
More about In Trust – November 2025With the UK facing a fiscal shortfall estimated at between £25 and £30 billion, the government is under pressure to raise revenue through tax rises and spending cuts. Reeves’ reference to “necessary choices” in her unprecedented pre-Budget statement on 4
More about Autumn Budget 2025: speculation mounts over personal tax reformsWhilst further regulations are eagerly awaited to bring the Act into force, it is vital that landlords are prepared for the changes. To assist landlords, we’ve outlined the key changes in the summary below. Existing tenancy agreements and new tenancy
More about Renters’ Rights Act 2025 – what landlords need to know