Legislative Developments

National insurance cuts seem likely in the UK Chancellor Jeremy Hunt's Autumn Statement, with stamp duty land tax cuts also expected to remain permanent, according to private wealth professionals

As expected, reform of inheritance tax did not feature in UK Chancellor Jeremy Hunt’s Autumn Statement delivered to the House of Commons earlier today

With a brand-new Home Secretary at the helm and no less than four statements of changes to the immigration rules to contend with during 2023 - here is a round-up of the key changes from the last 12 months, and a look at what we can expect to see in 2024

As an increasing number of major economies oversee central bank digital currency (CBDC) pilot projects, and potential launch dates approach for the projects in the majority of G20 countries, speculation has mounted about the impact for the financial sector

Switzerland and Italy have agreed a framework for taxing remote workers who commute between the countries

Spain's Constitutional Court - Tribunal Constitucional - has ruled against the Autonomous Region of Madrid's challenge of the country's recently introduced wealth tax

The National Crime Agency has issued an alert to financial institutions and other members of the regulated sector warning that Russia is using gold as a means to undermine the impact of the UK sanctions regime

Raising the inheritance tax threshold to £500,000 and removing the Residence Nil Rate Band (RNRB) would cost the Treasury £6 billion from 2024/25 to 2027/28, research from wealth manager Quilter has revealed

Policy proposals to double council tax rates on second homes in Scotland have been put before the country’s parliament

A Scottish government public consultation proposing increased council tax for second and empty homes in the country has received support