How are the IHT rules changing? In the Spring Budget on 6 March 2024, the Conservative government proposed a residence-based test for IHT – as opposed to one based on domicile – which arguably provides greater clarity for those trying
More about Non-dom analysis: Inheritance tax (“IHT”)I am planning to move to the UK – how will the new residence-based exemption rules apply to me and is there anything I need to do before moving? It is important to bear in mind that the changes announced
More about Non-dom analysis: Pre-arrivalI am a recent arriver in the UK. Will the new exemption regime apply to me? In the 2024 Spring Budget on 6 March 2024, the Chancellor announced that the current remittance rules applying to UK resident, non-domiciled individuals (“non-doms“)
More about Non-dom analysis: The first four yearsAre offshore trusts still efficient for UK income tax and capital gains tax? In this article we consider how the 2024 Spring Budget announcements are likely to impact offshore trusts settled by: What are the proposed changes from 6 April
More about Non-dom analysis: TrustsI am UK resident but non-UK domiciled (“RND″) and have been in the UK for longer than ten years. Should I stay or should I go? Income and capital gains RNDs who have been resident in the UK longer than
More about Non-dom analysis: UK leaversI am a British expat living abroad. What should I be thinking about? British expats are typically UK domiciled (“UK dom“) but non-UK resident for UK tax purposes. The extent to which they are likely to be affected by the changes
More about Non-dom analysis: UK returnersI have been UK resident for longer than four years, and am claiming the remittance basis. What should I be thinking about? In his Spring Budget of 6 March 2024, the Chancellor announced material changes to the treatment of UK
More about Non-dom analysis: Year four onwardsHave you filed your 2024 ROE update statement? What do the March 2024 ROE regulations mean for you? If you have real estate in Scotland, are you ready for 1 April 2024? The ROE – one (and a bit) years
More about Update on the register of overseas entities (“ROE”)The application before HHJ Klein, sitting as a High Court Judge, was for an order pursuant to rr 18.24 & 18.28 Insolvency (England and Wales) Rules 2016 increasing the amount of the applicants’ remuneration as the joint administrators of The
More about Jeremy Charles Frost & Anor v The Good Box Co Labs Ltd & OrsNew year, new rights. 2024 has brought in several changes to family friendly legislation and employers will need to keep up to date with developments to flexible working, redundancy protections, paternity leave and new rights for carer’s leave and leave
More about Changes to family friendly rights: 2024 roundup