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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Further tax rises looming? Mark Davies comments in The Telegraph

This 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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No news is good news for non-doms and investors – Today’s Budget Statement

Rishi Sunak stood in front of the House of Commons with what appeared to be a relatively upbeat message.  Whether the rhetoric becomes fact, only history will tell us, but at least there were no major surprises in the Autumn Budget and Spending Review 2021. No news is good news for non-doms and investors The…

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