News & Updates - Mark Davies & Associates Ltd

Mark Davies comments in American Ex-Pat Financial News Journal

Articles and Publications, Taxation of NondomsBy Mark Davies & Associates 19 March 2019

American ex-pats may be interested in the Chancellor, Phillip Hammond’s recent Spring Statement which unveiled two new publications on the subject of Tax Avoidance. In the American Ex-pat Financial News Journal, Mark Davies comments on the costly effects of honest mistakes for ex-pats living in the UK. Read the article here:- https://americanexpatfinance.com/news/item/133-uk-again-vows-crackdown-on-offshore-tax-evaders-in-spring-statement …

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Spring Statement 2019

Press Releases and Commentary, Tax Updates, Taxation of Nondoms, UncategorisedBy Mark Davies & Associates 13 March 2019

How does the Spring Statement 2019 affect non-doms? As expected, the Chancellor, Phil Hammond, had relatively little to say in tax terms in his Spring Statement. This is because all the tax changes coming into effect in April 2019 were announced in last October’s Autumn Budget. Anyway, anything he might say is overshadowed by the…

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Why Dutch Sandwiches are off the menu in Overseas Territories and Crown Dependencies

Offshore Trusts and Structures, Tax UpdatesBy Mark Davies & Associates 30 January 2019

Contrary to popular belief, international tax planning is not so much about avoiding tax. Usually advisers help their clients avoid being taxed more than once on the same profits. Use of Dutch Sandwiches or Subsidiary Companies It is not uncommon for a subsidiary company to pay local tax on its trading revenues, then declare a…

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UK Visa & Tax Package

ImmigrationBy Mark Davies & Associates 24 January 2019

About us Mark Davies & Associates are a firm of professional tax advisers, specialising in the UK taxation of foreign domiciliaries. With vast experience and extensive qualifications the team are regarded as leaders in tax issues surrounding residency, domicile, immigration and the remittance basis. We work in partnership with a number of high quality immigration…

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Protected Trusts – what action should our clients take?

Offshore Trusts and Structures, Tax Updates, Taxation of NondomsBy Mark Davies & Associates 13 December 2018

HAVE PROTECTED TRUSTS TURNED INTO FALSE PROMISES? Those worrying about what else has been neglected, whilst the UK government’s attention is wholly fixed on Brexit and infighting, will take no comfort from HM Revenue’s recent statement that offshore income gains are not within the new Protected Trusts regime. Background The introduction of the Deemed Domicile rules for income and capital gains tax from April 2017 ended the unlimited access…

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UK Budget 2018 Summary for International Clients

UncategorisedBy Mark Davies & Associates 29 October 2018

Fiscal Phil delivered his third budget speech on Monday 29th October promising that, “the era of austerity is finally coming to an end”. A ‘safe’ budget that would not disappoint many taxpayers. The headlines, more spending on the National Health Service, the military, road improvement etc. will generally find approval. More money will be in the…

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