UK’s Register of Overseas Entities (“ROE”)

What is ROE?   The ROE is the UK’s application of the requirement to register the beneficial owners of overseas companies that own UK land and property.  It requires all companies owning UK land and property to provide details of their beneficial owners to Companies House; if suitable details aren’t provided, the entities will be prohibited…

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Non-dom debate: our latest commentary

Political point scoring over the non-dom tax regime has continued in recent times with shadow Chancellor, Rachel Reeves, pledging if elected, to reduce the time that the Remittance Basis can be accessed from 15 to 5 years. In this article we round up our response to the debate. Details of Labour’s plans remain in the…

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Akshata Murty demonstrates that Domicile is a matter of choice

Over the past week I have been asked by many journalists to comment on the  tax affairs of Akshata Murty, the wife of Rishi Sunak. In this article I clarify the UK tax rules which underpin  the controversy over her non-dom status. Domicile is matter of choice.  There is an expression, “home is where your…

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Investor Visa suspension – an alternative solution

The UK’s Tier One “Investor Visa”, which gave wealthy immigrant investors the opportunity to live in the UK for an investment of £2 million and above in qualifying UK assets, was suspended without warning on the 17th February 2022, with immediate effect. Those persons holding the Investor Visa already, or those with pending applications, will remain eligible…

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Craig Kemsley joins the team at Mark Davies & Associates

The new appointment of Craig Kemsley, as a Tax Partner at Mark Davies & Associates, brings a wealth of private client experience to our team. Craig advises international families, single family offices and successful entrepreneurs on UK and International tax issues arising on their personal and business interests. Craig develops robust and sustainable tax solutions…

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