Mark 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…
DetailsIt was announced today that Jose Mourinho’s move to Manchester United has been delayed by negotiations over image rights. Image rights have become increasingly significant sources of revenue to celebrities and sports organisations in recent year. Jon Elphick, Tax Director at Mark Davies & Associates, answers some of the most common questions on this highly lucrative…
Details…at Tolleys Taxation Awards 2016! Our team was delighted to see Mark recognised for his role as an industry expert across many different social media platforms as well as in the traditional press, championing the contribution of non domiciled persons to the UK economy and providing clarity in the often confusing portrayal of topical tax…
DetailsThe posting of a searchable database containing the names of the thousands of individuals whose names were contained in the so-called Panama Papers documents could represent a security risk for those named, according to a London adviser who looks after UK resident, non-domiciled clients. Mark Davies, managing director of Mark Davies & Associates, noted that in spite…
DetailsA tide of financial transparency is sweeping across the world. Swimming against it is folly; it will have severe reputational and financial consequences The revelations from the recent Panama Papers leaks continue to make headlines around the world. The leaks have laid bare the private affairs of high-profile politicians, celebrities, and sports personalities from around…
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