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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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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Key changes to UK Trust Register

Recent months have seen Trustees grappling with key changes to the UK Trust Register Since 2017, offshore trustees have been required to register non-UK trusts with HMRC to the extent that the trust was liable to UK Income Tax or Capital Gains tax.  The “UK Trust Register”, as it is known, maintains a central register…

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