The UK government has today released a consultation document providing additional details on the proposed changes to how UK resident non-domiciled individuals are to be taxed. The consultation confirms the government’s intention to reform the UK tax rules and bring the tax position of UK resident non-doms more in line with that of UK domiciled…
DetailsWealth managers, accountants, lawyers, tax specialists and others involved in helping British clients to save and invest their money in a tax-efficient manner expressed general support for the ideas behind the British Government’s latest proposals to crack down on illegal tax avoidance. ‘Bad news for taxpayer’ Mark Davies is managing director of London-based Mark Davies…
DetailsMark Davies joins the tax avoidance debate in today’s City A.M. Click here to read the full article.
DetailsSuccessful athletes need well-considered tax planning. This is especially so for athletes who compete internationally, as doing so can add layers of complexity to their tax liabilities. This article offers a high level examination of the UK’s approach to taxing sports stars. It looks at the position of both athletes who are “resident” in the…
DetailsMark Davies looks at the repercussions for non-doms in STEP news. The UK referendum vote to leave the European Union casts significant doubt on the Summer Budget 2015 reforms to the taxation of non-domiciled residents, according to experts. None of the planned reforms were included in this year’s Finance Bill, the government’s intent being to…
DetailsPublished in International Investment Magazine, 24 June 2016 Ever since last summer, when the UK Government unexpectedly announced plans to abolish indefinite non-dom status, people who have been living in the UK for, say, 14 or 15 years, have been asking one another, their advisers, and – well, just about anyone else who might have…
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