Blog
Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
9 April 2015
Bringing non-UK domiciled individuals’ tax contributions into perspective
Ed Miliband has promised to end non-UK domicile tax status if he wins the general election. Mr Miliband said he plans to bring in this change to ensure that everyone who makes Britain their permanent home pays their fair share. The Conservatives have responded by saying they would reform the law on domicile so that an individual would no longer inherit their domicile from their father. This blog looks briefly at the contribution made by non-UK domiciled individuals to the UK and the law on domicile in England and Wales.
19 March 2015
Budget 2015 at a glance
Chancellor George Osborne yesterday delivered his pre-election Budget Statement to Parliament. Below are some of the key announcements for individuals:
14 January 2015
“Tax doesn’t have to be taxing” … or does it?
In advance of the 31 January tax return deadline, HM Revenue and Customs (“HMRC”) have revealed some of the worst excuses used by taxpayers for missing the submission date.
4 December 2014
Changes to Capital Gains Tax treatment for purchases of residential property for non UK residents
The government has published a response to its consultation on extending capital gains tax (CGT) to non UK residents on disposals of UK residential property. The response confirms that non-residents will pay CGT on UK residential property disposals from 5 April 2015 onwards. This blog post explains these changes.
3 December 2014
Autumn Statement 2014 - Remittance basis charge changes
George Osborne MP, the Chancellor of the Exchequer, has today announced changes to the remittance basis charge (“the RBC”) for non UK domiciled long-term UK residents.
The RBC is an annual charge payable by long-term UK residents who claim the remittance basis of taxation. Remittance basis taxation allows non UK domiciled individuals to pay income tax and capital gains tax on their overseas investment income and gains only if these income and gains are brought into the UK.