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Briefing quick find:

Tax and Private Client newsletter – Summer 2017

In this edition of our newsletter, we discuss the recent Supreme Court case of Ilott v Blue Cross, how to relocate as a single parent, the importance of notifying landlords of disrepair, whether EEA nationals should apply for residency documents…

How to handle the residence nil rate band

The residence nil rate band (RNRB) came into force on 6 April 2017. The RNRB is available when a person who dies on or after that date holds a ‘qualifying residential interest’ (QRI) at their death, which is ‘closely inherited’…

Finance Bill 2017 – Dropped by Select Committee

The latest development in the long awaited and debated changes to the taxation of non-domiciled individuals enacted by the Finance Bill 2017. The vast majority of the wholesale changes, that have taken up much of Private Client practitioners time over the…

Key points from the Spring Budget 2017

The Chancellor of the Exchequer, Philip Hammond, delivered his first Budget against a backdrop of a more-buoyant-than-expected UK economy post-Brexit and improved tax receipts. Set against these were concerns about funding the NHS and social care, and the impact on…

Digital assets in wills

The use of digital platforms such as online banking, Paypal, gaming accounts, Bitcoin accounts, cloud accounts to store photographs, and social media accounts such as Facebook and Instagram continues to grow and is creating a new category of personal property…

Non-dom reforms: April 2017

The UK Government has proposed wholesale changes to the tax treatment of non-domiciled individuals (non-doms) to take effect as of April 2017. We take a look at what this means following the latest draft legislation as at 5 December 2016. …