They say ‘nothing is certain but death and taxes’ and as the end of one tax year approaches the inevitability of the next one begins. To try an ensure that you make the most of the few opportunities that exist to maximise your reliefs, allowances or exemptions we have set out below some tips that […]
With effect from 6th April 2020, the payment and administration of capital gains tax (CGT) is changing. Where CGT is due on a residential property disposal a return will need to be filed, within 30 days of conveyancing. The notional CGT due will also be payable within 30 days. This applies to everyone, both UK and non-UK […]
Although the UK is no longer a member of the EU, the UK continues to be subject to most EU rules, including EU free movement rules, until the end of the current transition period (31 December 2020). Unless the transition period is extended, from 1 January 2021, new EU citizens coming to the UK (with the exception of Irish citizens) will be subject to the same new UK immigration rules which apply to non-EU citizens. This note looks at some of the key points set out in the Home Office’s policy paper on the proposed new points-based system.
A review of February’s employment law cases and other important news. This month, discrimination features heavily in our case reports, through disability, age and sex. We also look at the effect of illegality on the enforceability of contracts. In other news we bring you changes to national minimum wage, the new Equal Pay bill, an update board diversity, and ICO news.
2020 promises to be a year full of change for a number of reasons not least because of Brexit. We touch on a few key immigration dates for this year which UK employers might be interested in, especially those who sponsor Tier 2 migrants, and those who have a workforce consisting of EEA nationals.
UK tax resident, non-domiciled, individuals who are claiming the remittance basis of taxation, do not pay UK tax on foreign income and gains, as long as these are not remitted to the UK. It is, however, crucial to ensure that this tax benefit is properly planned for and claimed. Failure to plan properly, before arriving in the […]
The mirroring of the numbers (first and second half in a year) occurs only once a century – so the year 2020 is significant for many reasons. It is recommended that when you’re writing down dates in official and legal documents, write the year in its full four-digit form (2020). It is best to avoid […]
There may be several reasons why individuals wishing to establish a company in the UK might consider the use of a Business Centre, providing not only serviced office capacity, but also substance. Business Centres can offer a productive work environment and a cost-effective option for organisations with international interests wishing to operate from a particular […]
Recent Changes Recent changes in terms of global tax regulations and increasing international tax transparency are vital to consider when implementing strategies to preserve family wealth and family business ownership structures. New global regulations include: Common Reporting Standard (‘CRS’), the US Foreign Accounting Tax Compliance Act (‘FATCA’), and several jurisdictions now operate ultimate beneficial ownership […]
As British politicians campaign for your vote to be their MP, we keep hearing about the “Australian-style” Points Based System. This article looks at what a Points Based System means and what the future of UK immigration might look like