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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

Where should I retire?

17th February 2020

One of the most frequently asked questions from our expatriate clients is “Where should I retire?”.  Climate, language and a low cost of living are often some of the first factors considered, but it is important to carefully think about the broader, long-term immigration and financial and tax planning... read more

Posted in: Financial Planning, News, Tax

UK property – tax trap or good investment?

12th February 2020

With significant changes to UK property tax rules coming in April, the landscape will be very different in a few months. Julian Smith, Head of Tax, reviews the tightening of the rules and how the changes may impact on the perception that UK property is a good investment option.... read more

Posted in: Capital Gains Tax, News, Tax

A tax perspective on the UK Budget

7th February 2020

With the new Government’s first UK Budget coming in March, Julian Smith, Head of Tax, explores what is likely to be featured, together with a round-up of the changes already scheduled for April 2020. With a sketchy Conservative manifesto when it came to detail, it will be interesting to... read more

Posted in: News, Tax