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…
As part of a wider system of reforming taxation HM Revenue & Customs (HMRC) is gradually implementing changes to move tax reporting online. The digitisation of HMRC reporting, combined with more stringent anti money laundering rules and demands for transparency…
Our first ‘Tax Day’ has been and gone. Despite the hype there was little to get excited about. This briefing contains a summary of the key announcements and policy initiatives. It may appear that there is little of interest in…
The March 2021 Budget extended the Stamp Duty Holiday which will now end on 30 June 2021 with a further transition period for the nil rate band. This briefing explains the changes made to Stamp Duty Land Tax (SDLT) during…
The Chancellor’s Budget 2021 (3 March) was somewhat less dramatic than the expected increase in capital taxes. There was however no reprieve for the proposed weighty surcharge additions to the Stamp Duty Land Tax (‘SDLT’) regime in the UK applicable…
Following yesterday’s announcement from the Chancellor, click here for a full summary of the Budget and here for our Tax Tables summarising tax changes. To the casual observer, the first Budget of 2021 appeared to have been fully revealed before the…
Tomorrow Rishi Sunak will present his second Budget within 12 months. For many commentators, it is perhaps the pivotal Budget of this parliament. Pre-Budget leaks and interviews have put the focus squarely on continuing key pandemic support measures through, hopefully,…
Following our article detailing the upcoming change to the requirements for Will witnessing, the Statutory Instrument was laid before Parliament on 7 September 2020 and comes into effect on 28 September 2020. This legislation is effective retrospectively from 31 January…
In a move designed to assist people who are isolating or shielding due to Covid-19, the Government has announced plans to change the law to allow Wills to be witnessed virtually in England and Wales. This is a significant development…
Individuals across the world have experienced restrictions on their freedom of movement following the outbreak of Covid 19. Naturally, such constraints can be highly disruptive to people’s lives, but they may also impact on an individual’s tax residency, and even…
