Statutory Residence Test – Finance Bill 2013

28th March 2013 As confirmed in the 2013 Budget, a statutory residence test will be introduced with effect from 6 April 2013. Ordinary residence will also be abolished for most tax purposes from this date. How will the new residency rules affect our clients? Clients who are already resident in the UK are unlikely to…

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Super Rich Stranded by Lockdown – today in Bloomberg

Super Rich Stranded by Lockdown Today in Bloomberg , Mark Davies describes the recent havoc wreaked on his clients’ tax plans:- “The pandemic means we’ve now got people stuck in the U.K. who didn’t intend to be here, and people who did want to be here that couldn’t,” he said. “It’s gone both ways.” With…

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