How the non-doms keep their cash safe Michael Savage and Francis Elliott | The Times Published at 12:01AM, July 10 2015 Wealthy non-doms will successfully move their money or relocate overseas to avoid paying hundreds of millions of pounds under new tax laws, according to a Treasury analysis. The figures indicate that non-doms will shift…
DetailsToday George Osborne unveiled his 7th and first solely Conservative Budget since 1997. It was widely anticipated before the speech that Mr Osborne would target tax avoidance and, as expected, the Budget contained details of a £5 billion crackdown on what Mr Osborne termed as tax imbalances, avoidance and aggressive tax planning. The Budget also included…
DetailsTax Planning Opportunities For Foreign Domiciliaries And Expats By Mark Davies Global Tax Weekly | 2nd July 2015 Introduction It is fair to say that the dust has settled on this year’s UK General Election. Although a surprise to many, the Conservative majority means that Labour’s planned sweeping reforms to the existing tax regime for…
DetailsMark Davies was quoted in the Financial Times (FT) re the Annual Tax on Enveloped Dwellings (ATED): “Non-doms have often purchased homes through offshore companies to preserve their anonymity. Higher charges and lower thresholds show ATED has become a “penal” tax.” Read the full article here.
DetailsWe are delighted to have been shortlisted for ‘Boutique Firm of the Year’ in the STEP Private Client Awards 2015/16. The STEP Awards are an annual celebration of excellence among private client solicitors/attorneys, accountants, barristers, bankers, trust managers and financial advisors. The awards are assessed by an independent panel of expert judges. The ceremony will…
DetailsWe are delighted that Mark Davies has been included in the Citywealth Leaders List 2015, within the ‘Accountants Prominent Figure’ category. The Citywealth Leaders List is published every year and is compiled by prominent figures within the private wealth management sector, as well as UHNW clients. Mark was described as having “a sympathetic appreciation of…
Details