Legislative Developments
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News Team on 07/03/2024
In yesterday’s Spring Budget, HMRC was given an extra £140 million in funding for its debt management capability, which is projected to bring in an extra £4.3 billion in unpaid tax by March 2029
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Will Sidery on 06/03/2024
In what could be the last Budget before a General Election, UK Chancellor Jeremy Hunt is expected to offer voters some incentives to vote for the Conservative party when the country does eventually go to the ballot box, but what form are they likely to take?
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Will Sidery on 06/03/2024
As expected UK Chancellor Jeremy Hunt has announced reform of the UK's non-dom rules and cuts to National Insurance
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Will Sidery on 05/03/2024
Last week at accountancy and tax advisory firm RSM’s annual networking drinks for private client professionals, Emma Chamberlain OBE, a barrister at Pump Court Tax Chambers, and Chris Etherington, a private client partner of RSM, shared their insights on the tax issues facing private clients in the coming year
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News Team on 05/03/2024
The Internal Revenue Service (IRS) will focus on high-income taxpayers who have failed to file federal income tax returns in more than 125,000 instances since 2017 to improve tax compliance and ensure fairness
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News Team on 04/03/2024
While inheritance tax (IHT) remains the tax investors dislike the most, high net worth individuals (HNWIs) see more value for boosting the wider economy in cutting income and corporation tax, according to investment broker Wealth Club
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Ethan Almond on 04/03/2024
News in 2022 that Prime Minister Rishi Sunak’s multi-millionaire wife, Akshata Murty, had non-domicled status and therefore saving millions in tax brought the ‘non-dom regime’ to the forefront of the British public’s minds
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on 01/03/2024
London has long been recognised as the “divorce capital of the world”, due to its equitable and fair treatment in financial remedy applications following divorce. However, recent developments suggest a potential shift in this landscape, prompting reflection on the future of London’s standing in the realm of international divorce
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News Team on 29/02/2024
UK Chancellor Jeremy Hunt is considering scrapping the UK’s non-dom tax rules in next week’s Budget, according to reports
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on 16/02/2024
Historians and other commentators have criticised the Ministry of Justice’s (MoJ) proposals to radically alter the system for storing Wills, warning that the UK government will be guilty of “sheer vandalism” if its plans come to fruition
- 2023 eprivateclient 50 Most Influential named as global law firm's London private wealth head
- Ludlow Trust acquires C Hoare & Co’s UK trust business
- JTC to acquire JPMorgan trust subsidiary
- HMRC veteran returns to KPMG after 14-year gap to bolster tax dispute offering
- HMRC's 'engagement' on non-dom changes revealed
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