Starting our series of specific updates following the autumn Budget, here is a short focus on the Non-Dom* Scheme. For a more comprehensive deep dive see our latest Podcast out today on the abolition of the Non Domicile scheme and Overseas Workday Relief: From 6 April 2025, the UK Government is abolishing the current tax treatment […]
So, after months of speculation, the first autumn Budget of our new Government is out. We know that many of you have been rightly concerned about the potential impact of today’s budget, so we wanted to address those concerns as quickly as possible. In the coming weeks we will follow up with a more detailed […]
If you are thinking about relocating from one country to another, you could benefit hugely if you get tax advice before you move. Tax liabilities and tax rules can vary significantly from one country to another. Without the right planning, you could find yourself paying more tax than necessary or missing out on opportunities to […]
For many people, being able to retire and retire well, can occupy a lot of thinking time. Careful financial planning plays an important role in preparing for a smooth and happy retirement. This is why it is important to make sure that you are receiving all the tax benefits that you are entitled to from […]
On the second day of the Labour Party Conference 2024, Rachel Reeves gave a speech about the economy. Along with giving a clearer picture about the approach that the Government will take when making taxation decisions, Reeves gave more details about some of the tax changes that will be expanded upon in the Autumn Budget […]
Planning to move overseas is exciting but planning it can become stressful. In order to keep the excitement alive and make your move as smooth as possible, it is best to prepare well ahead of time. This is particularly important when it comes to your finances and taxes. To make the most of your finances, […]
As we pass one month of a new Government, and wait in anticipation for the autumn Budget, speculation continues to mount about how Labour will raise the funds needed to meet its election pledges. With promises not to touch income tax, VAT or National Insurance, the latest rumours swirling around Westminster are in relation to […]
Over the past couple of posts, we have been trying to respond to questions and concerns that our clients have expressed about possible tax changes coming under the new Government. Needing to raise an estimated £50bn to fund their spending promises, we know that money needs to be found somewhere and as accountants, we are […]
Nearly a month after our new Government took power, there continues to be an increasing number of questions and concerns about how they are going to finance their spending promises. Many of you are beginning to ask us what the potential implications for your taxes could be under this new administration. Understanding your concerns, we […]
So, the polling stations have gone back to their day jobs, TV schedules have returned to some kind of normality, and our Labour Government is finding its feet in Westminster. Even though it is still early days in this new political era, we wanted to share some of our initial thoughts about what the next […]
