Blog
Rayner my parade! The importance of specialist advice.
Jemma Brimblecombe
18 December 2014
Buying and adapting a property for someone lacking mental capacity
Buying or selling a property is the most stressful aspect of modern life, worse than divorce, redundancy or bereavement, according to a recent poll. The process is even more complicated when buying a home for someone who lacks mental capacity.
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.
16 October 2014
“Death tax” and inherited pension pots – is it all about to change?
To some surprise, major changes to the tax treatment of pensions when left to another on death were announced by George Osborne MP, the Chancellor of the Exchequer, at the recent Conservative Party conference.
30 September 2014
Intestacy rules – changes to be introduced on how estates are settled without a Will
Two-thirds of adults in England and Wales pass away each year without having made a valid Will. Some people simply don't get round to making one; others don't realise that significant events in life, for example marriage, can revoke a previously made Will. Whatever the precise reason for not leaving one, such individuals are said to die 'intestate' and their estates are governed by the ‘intestacy rules’. These determine the distribution of a deceased’s estate after any debts and liabilities, funeral expenses and costs of the administration of the estate have been paid.