The new statutory residence test came into effect on 6 April 2013 to determine an individual’s liability to pay income tax, capital gains tax and (if applicable) inheritance tax. Those currently thought to be non-UK residents but who intend on spending some time in the UK during the tax year 2013/14 may be affected by the new rules. Read more.
Articles for the topic Private Client
The Budget which was announced on 20 March 2013 has brought welcome news for couples with a mixed UK and non-UK domicile.
Summary of the latest changes to the tax free threshold and Business Property Relief on holiday home lets
Sarah Reynolds looks at the impact of the imminent Finance Bill 2013 on high end residential properties in the UK
A useful way of making unlimited gifts of money to individuals which fall outside the estate for Inheritance Tax purposes. Read on to see when the exemption can apply.
The advantages and disadvantages of putting in place an Advanced Directive or Lasting Powers of Attorney