Mark Davies & Associates, the award winning firm of international private client advisers, announces the appointment of a new tax partner, Roger Holman. Roger joins from DWF, the world’s largest listed legal business. Mark Davies commented “Roger is an excellent addition to our firm. Meeting your new colleagues for the first time on Zoom sounds frankly…Details
De-envelope? Depressed housing market may present golden opportunity to review offshore structures holding residential property.
It has been widely reported that the UK housing market will be significantly hit by the impact of Coronavirus. Property agents, Knight Frank, predict that this will lead to a 38% decrease in the number of houses sold in the UK during 2020. Experts can only speculate on the short to medium term impact this…Details
Tax relief on property is discussed in the Financial Times this morning, as one reader poses the question – “If I convert a barn on my farm estate into a house for my son to live in, can I claim tax relief on the conversion?” Tom Trewby advises that costs cannot be offset against farming income,…Details
Mark Davies reveals a warning for non-doms in ePrivateClient the leading online news service for private client practitioners.
There is a stark warning for non-doms with offshore structures in HMRC’s recent publication “No Safe Havens 2019”. Last year HMRC received 5.67 million records of UK tax payers’ offshore bank accounts under the Common Reporting Standard. They correlated these with the tax return submissions and property sale information of 500,000 individuals. Illegal tax evasion…Details
Mark Davies to share his insights at the Post-Election: UK Landscape for Non-Dom Property Investment Conference – 20 September 2017
Mark Davies will be speaking at the Post-Election: UK Landscape for Non-Dom Property Investment Conference. It will take place on 20 September 2017 in London. The conference intends to provide confidence and complete analysis on how the significant changes taking place after 6 April 2017 will affect you and your clients. https://finance.knect365.com/uk-landscape-for-non-dom-property-investment-conference/Details
George Osborne’s eighth Budget (and my 22nd commentary) did not fail to deliver surprises. It is expected that a Chancellor will take the opportunity to use the Budget to throw sweeteners at the electorate. This year the Chancellor did that literally with the announcement of a Sugar Levy. Headlines Corporation tax is getting a revamp…Details