Two years to the day since the UK went into its first “lockdown” and the Chancellor, Rishi Sunak, took to the stage once again. In a speech full of the traditional hyperbole and political phrases, his final “rabbit out of the hat” announcement of a first cut in the rate of income tax in 16…
DetailsToday Kwasi Kwarteng, the newly appointed Chancellor of the Exchequer, announced his first, albeit “Mini”, Budget. The speech confirmed some well publicised changes, but also included a number of eye-catching announcements aimed at stimulating investment and driving growth in a bid to tackle rising energy prices and the increased cost of living. We highlight below…
DetailsLeaving the UK? Here are 10 things to think about before you do. Life is never certain, and as seen last week in the Spring Budget 2024, neither are taxes. The Spring Budget announced new proposals that will change how a non-UK domiciled individual will be taxed in the UK and, as a result, you…
DetailsWe are pleased to announce that Mark Davies & Associates has joined BAND Advisory Group, a trusted accountancy, business management, and advisory firm dedicated to delivering exceptional client service. This is an important milestone for our firm. By joining with BAND, we’re able to offer our clients access to broader expertise and resources across tax,…
DetailsRishi Sunak stood in front of the House of Commons with what appeared to be a relatively upbeat message. Whether the rhetoric becomes fact, only history will tell us, but at least there were no major surprises in the Autumn Budget and Spending Review 2021. No news is good news for non-doms and investors The…
DetailsPolitical point scoring over the non-dom tax regime has continued in recent times with shadow Chancellor, Rachel Reeves, pledging if elected, to reduce the time that the Remittance Basis can be accessed from 15 to 5 years. In this article we round up our response to the debate. Details of Labour’s plans remain in the…
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