Mark Davies comments in International Investment on ‘deemed UK domicile’ scheme

Plans to go ahead with a new “deemed domicile” category for non-domiciled individuals who have been resident in the UK for 15 of the past 20 tax years, or if they were born in the UK with a UK domicile of origin, beginning next April, were confirmed today by UK chancellor Philip Hammond, with the publication of…

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Autumn Budget Statement 2016: Non-dom Update

Non-dom Reform – Autumn Budget Statement 2016  The Chancellor, the Rt. Hon Phillip Hammond, confirmed today that the proposed reforms to the taxation of UK resident non-domiciled individuals will go ahead in April 2017 as intended. This was revealed in today’s Autumn Budget Statement 2016  from HMRC although the Chancellor refrained from commenting on it in…

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UK Treasury U-turn seen likely on offshore trust reforms, Mark Davies comments in International Investment

The UK Government is expected to pull back significantly from proposed changes to the way the offshore trusts of “non-dom” UK residents are taxed, in response to warnings that they could send wealthy foreigners fleeing.    For the moment, the Treasury hasn’t issued a statement on the matter. However, industry sources have reported that a re-think…

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“There is so much to be done, tax advisers are going to run out of time” Mark Davies comments in Financial Times regarding upcoming Non-Dom changes

Mark Davies comment’s have been published in the Financial Times online. Click here to read the article on the Financial Times website or continue reading below. Lawyers prepare for deluge of UK non-dom tax work Advisers told to limit holidays before rule changes next year Scores of lawyers and trust experts have been told to limit…

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Tax Director Jon Elphick writes ‘How athletes will be affected by the UK’s changes to “non-dom” tax rules’ for Law in Sport

Jon Elphick, Tax Director for Mark Davies & Associates  writes ‘How athletes will be affected by the UK’s changes to “non-dom” tax rules’ for Law in Sport. Read the full article below or click here to go to Law in Sport’s website.   On 8 July 2015, the UK government announced its intention to reform…

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