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…
DetailsOver 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…
DetailsRoger Holman and Mark Davies are thrilled to be listed amongst the Top 10 Accountants and Tax Advisers in the 2022 edition of the Spear’s 500. This is an indispensable guide to the top private client advisers, wealth managers, lawyers and service providers for HNW individuals. We would like to thank the team at Spear’s…
DetailsThis week The Telegraph reported on recent findings from the Institute of Fiscal Studies which calculates the UK tax burden to be reaching a 70 year high, prompting fears across the political spectrum, of an exodus of the mobile rich to more favourable tax jurisdictions. Further Tax Rises Loom – Mark Davies comments Mark Davies…
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