Assessing exposure to tax as a non-UK resident
As the UK 2021/22 tax year comes to an end on 5th April, many individuals will be assessing their exposure to tax. For those that are non-UK resident but enjoy stays in the UK, the end of a tax year…
As the UK 2021/22 tax year comes to an end on 5th April, many individuals will be assessing their exposure to tax. For those that are non-UK resident but enjoy stays in the UK, the end of a tax year…
In response to the number of refugees fleeing the conflict in Ukraine, the Department of Levelling Up, Housing and Communities (DLUHC) yesterday provided further details of their “Homes for Ukraine” programme. If you have a residential spare room or self-contained accommodation…
Cryptocurrencies continue to permeate our financial systems (for example El Salvador now recognises Bitcoin as legal tender). Reports are that The Bank of England is looking to launch its own form of cryptocurrency – ‘Britcoin’. We have no doubt that…
Following the Autumn Budget 2021, HM Treasury and HMRC published a collection of consultations, calls for evidence and other documents related to tax administration reforms and tax policy development on 30 November 2021. This article, published by Lexis Nexis on 30…
This article was first published by Lexis®PSL on 15 November 2021. Private Client analysis: This case involved an appeal against the denial by HMRC of private residence relief (PRR) from capital gains tax on the gain made on the sale of…
The Autumn Budget provided much-needed clarity on the final shape of a new Residential Property Developers Tax (RPDT), set to come into force from 1 April 2022. This briefing continues from our previous article on RPDT which you can access…
The government has recently published draft legislation and guidance for a new tax, expected to be included in the 2021-2022 Finance Bill. Residential Property Developers Tax (RDPT) will be charged on the profits of companies carrying out ‘residential property development’ from…
This article was first published by Trusts & Estates Law & Tax Journal in September 2021. Trusts are often misunderstood in the UK with the perception that they are a tool to evade tax and that their use is limited to…
Britney Spears’s ongoing legal battle against her father for control of her own affairs has brought the pop star back into the headlines. Fans have rallied behind the singer with the hashtag #freebritney. As the court case continues, questions have…
The judgement in Clitheroe v Bond (2020) breathes new life into the Banks v Goodfellow test but also highlights the difficulty in the application of any defined test when it comes to matters of mental capacity. The case also highlights…