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The Summer Statement

10th July 2020

On Wednesday 8 July the UK Chancellor, Rishi Sunak, delivered a short Budget Statement, in the light of the Covid-19 crisis. The Statement, which formed the second phase of the UK Government’s response to the pandemic, was focused on setting the UK towards economic recovery. Peter Webb, our International... read more

Posted in: News, Tax

What tax changes might a UK emergency budget bring?

26th June 2020

Rumours are growing that Rishi Sunak will present an emergency budget to the House of Commons early July 2020. Given the historic contraction in the UK economy such a measure wouldn’t be surprise. But what could the Chancellor announce? Peter Webb, our International Tax Manager, explores some of the... read more

Posted in: Financial Planning, News, Tax

Planning a tax-efficient return to the UK – webinar

9th June 2020

Global events, such as COVID-19, and personal circumstances can play a part in your decision to move back to the UK. An unexpected move can be a busy time with many factors to consider, and tax and financial planning can often be bumped down the priority list. However, any... read more

Posted in: News, Tax

New CGT rules for selling UK property

17th April 2020

On 6 April 2020 significant changes came into play relating to how Capital Gains Tax is calculated when selling a UK property. But there is something of a ‘soft landing’ with HMRC offering some breathing space from penalties in the first few months. Peter Webb, our International Tax Manager,... read more

Posted in: Capital Gains Tax, News, Tax, Uncategorized

Coronavirus: Tax relief available

26th March 2020

Against the backdrop of the Coronavirus outbreak the UK Government has announced a range of extraordinary measures to help individuals and businesses through the coming months. Peter Webb, our International Tax Manager, details what’s been announced so far: Residence – relief for days in the UK spent because of... read more

Posted in: News, Tax

COVID- 19 – a tax update for UK non-residents

23rd March 2020

With the coronavirus (COVID-19) pandemic impacting the ability to move freely to and from the UK, it is important to consider the wider tax consequences. If you remain unexpectedly in the UK it may affect your UK residence status which is generally determined by the amount of time you... read more

Posted in: News, Tax

Government to postpone IR35 reform amid Covid-19 fallout

19th March 2020

On 17 March, Chief Secretary to the Treasury, Steve Barclay, announced that the extension of the more rigorous compliance regime for the IR35 rules to the private sector will now be delayed until 6 April 2021. This announcement comes less than a week after Chancellor Rishi Sunak confirmed in his Budget that the new regime would apply to the private sector from 6 April 2020.   The IR35 rules are aimed... read more

Posted in: News, Tax

The UK Budget

12th March 2020

Prefaced with a half point interest rate cut, the new Chancellor, Rishi Sunak, has delivered his first UK Budget. Julian Smith, our Head of Tax, explores the key points: Against the backdrop of the global Coronavirus outbreak and tough market conditions, the Chancellor’s speech unsurprisingly focused on delivering a... read more

Posted in: News, Tax