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 UpdateAmendments 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 speculationWith 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 2025Whilst there was historically a view that the mother is the primary carer of any child(ren) there has been a shift in the way cases are dealt with in the Family Court. Jen Ball, senior associate in the family team
More about 50/50 shared care
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 internationallyThere now follows an eight week technical consultation period closing on 15 September 2025. Subject to any consequential amendments to the draft legislation, the changes to APR and BPR will take effect from 6 April 2026, and will have wide-reaching implications
More about Finance Bill 2025/2026: Government confirms Agricultural Property Relief (APR) and Business Property Relief (BPR) reforms effective from April 2026
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?