Please note that this article was published before the non-dom legislation was finalised and brought into force on 6 April 2025. I am planning to move to the UK – how will the UK’s new residence-based tax rules apply to
More about Non-dom reforms: Top tips for arriversThe Autumn Budget on 30 October 2024 (“the Autumn Budget“) introduced a myriad of tax changes designed to address economic inequality, reduce the so-called “black hole” in the national finances and fund public services, while also influencing the financial landscape
More about In Trust – Welcome from the editorI am a farmer owning an agricultural estate worth several million. How will the inheritance tax changes announced in the Autumn Budget affect me and can I do anything to minimise the extra tax my estate may need to pay?
More about In Trust – Ask the expertThe headline for Chancellor Rachel Reeves’ first Budget on 30 October 2024 (“the Budget“) was “Fixing the Foundations to deliver Change” and, as expected, there were significant changes announced that affect private clients and their personal taxation. This article provides
More about In Trust – Autumn Budget 2024: Inheritance tax and capital gains tax planning pointsThe Autumn Budget 2024 included confirmation that the tax break currently enjoyed by private schools will be removed and value added tax (VAT) will apply to fees from January 2025. Wealth transfer between generations can help fund school fees as
More about School fees and education trustsIn this “stop press” edition of our Globally Speaking e-bulletin, we provide our initial thoughts on the most highly anticipated Budget in the UK for a generation; the first by a Labour government in fourteen years and more significantly the
More about Globally Speaking: Stop press the Autumn Budget 2024This was the headline for Rachel Reeves’s first Budget. She spoke for one and half hours in a wide ranging speech which contained many of the changes announced during the last few weeks but also some surprises. We set out
More about Autumn Budget 2024: Fixing the foundations to deliver change?We are pleased to bring you this Stop Press special edition of In Trust. Our next main issue will be after the Autumn Budget on 30 October 2024 but in the meantime we provide this interim update on the Labour
More about In Trust – What does the new labour government mean for private clients?Some key highlights of legal updates affecting the Private Client industry over the past month are as follows. Tax policy – Autumn Budget On 29 July, Chancellor Rachel Reeves delivered a fiscal update to Parliament in which she announced that
More about Private Client Legal Update – August 2024Please note that this article was published before the non-dom legislation was finalised and brought into force on 6 April 2025. In this “stop press” edition of our Globally Speaking e-bulletin, we provide an update on how the publication of
More about Government clarifies non-dom policy: What do we know now?