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Ever since the Autumn Budget announced that the concept of domicile would no longer be a relevant factor in the UK tax system, the headlines have been flooded with news of a mass exodus of Britain’s wealthy non-domiciled residents – those who live in the UK but state their home is abroad. These headlines have, […]
Full disclosure: this is more than one word. But please bear with me as I strive to help those hardy souls involved in planning for tax year end to take into account some important issues. This is certainly not financial or tax advice; I’m simply sharing my thoughts with the adviser community at this pressured […]
Life is getting tougher for taxpayers trading assets and, in the short term at least, things are about to get worse when it comes to tax reporting. HMRC has said it’s too late to adjust the format of the 2024/25 tax return to accommodate the changes made to capital gains tax rates in the […]
Tax Talk is a regular series written by FSL’s Tax Reporting Analyst, Alex Ranahan. Alex has nearly ten years’ experience as a tax adviser and analyst. He is accredited by The Association of Taxation Technicians and was recently elected co-chair of the Tax Committee for The Investing and Saving Alliance. Alex’s Tax Talks are on […]
