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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UK Budget 2021 – Has Rishi met the moment?

UK Budget 2021- An update for international clients and their advisers _________________________________________________________________________________ Almost a year into the Covid-19 pandemic, the Chancellor addressed an almost empty House of Commons today to present his second full Budget. Declaring that his Budget “meets the moment”, Mr Sunak outlined a three part plan to help the country recover from…

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The new non-resident SDLT rules require careful unpicking

Non-resident buyers face SDLT rises in April While the focus of many UK residential property purchasers has been the Stamp Duty Land Tax rate “holiday” over the course of the pandemic, focus is now shifting to the rate increase that will soon apply for non-resident buyers.  The changes were proposed some time ago but will…

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