Could there be a silver lining for non-doms in the aftermath of Brexit?

Mark Davies looks at the repercussions for non-doms in STEP news. The UK referendum vote to leave the European Union casts significant doubt on the Summer Budget 2015 reforms to the taxation of non-domiciled residents, according to experts. None of the planned reforms were included in this year’s Finance Bill, the government’s intent being to…

Details

Fight or Flight – the clock is ticking down to non-dom reform

Published in International Investment Magazine, 24 June 2016 Ever since last summer, when the UK Government unexpectedly announced plans to abolish indefinite non-dom status, people who have been living in the UK for, say, 14 or 15 years, have been asking one another, their advisers, and – well, just about anyone else who might have…

Details

Jose Mourinho image rights dispute: Jon Elphick comments

It was announced today that Jose Mourinho’s move to Manchester United has been delayed by negotiations over image rights. Image rights have become increasingly significant sources of revenue to celebrities and sports organisations in recent year. Jon Elphick, Tax Director at Mark Davies & Associates, answers some of the most common questions on this highly lucrative…

Details

Mark Davies warns of security risks for those named in Panama papers

The posting of a searchable database containing the names of the thousands of individuals whose names were contained in the so-called Panama Papers documents could represent a security risk for those named, according to a London adviser who looks after UK resident, non-domiciled clients. Mark Davies, managing director of Mark Davies & Associates, noted that in spite…

Details

Panama papers provoke ‘Tidal Changes’ – Mark Davies tells Private Client Advisor online

A tide of financial transparency is sweeping across the world. Swimming against it is folly; it will have severe reputational and financial consequences The revelations from the recent Panama Papers leaks continue to make headlines around the world. The leaks have laid bare the private affairs of high-profile politicians, celebrities, and sports personalities from around…

Details