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UK property and overseas investors – what should you do before 6th April 2019?

With a few notable exceptions for retail and institutional investors, non-UK resident residents who dispose of UK residential property interests are subject to non-resident UK capital gains tax READ MORE
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Cryptocurrencies and Distributed Ledger Technology

Several of our entrepreneurial clients are making significant investments in cryptocurrencies (such as bitcoin).READ MORE
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Last Chance to Act Before the Requirement to Correct Window Finally Slams Shut!

Today marks the passing of less than 3 weeks to go until the closure of the Requirement To Correct (“RTC”) window READ MORE
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Exchanging one cryptocurrency for another- when can an individual “roll over” this gain?

Is it worth a £60,000 per year cost to be able to rollover taxable cryptocurrency gains when you move from one currency to another? READ MORE
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Requirement to Correct – Deadline Fast Approaching’

It is now less than 9 weeks to go until the closure of the Requirement to Correct window on 30 September 2018. READ MORE
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HMRC’S SPOTLIGHT SET TO SHIFT FROM AVOIDANCE TO EVASION?

In Spring this year, the Treasury Sub-Committee called for evidence as part of its enquiry into tax avoidance and evasion. Read more.
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UPDATE: CLAVIS HERALD TRUST PLANNING – HMRC SETTLEMENTS – “CARELESSNESS”

In a recent newsletter we described HMRC’s written invitation sent to certain users of Clavis Herald planning arrangements to settle liabilities on particular terms. read more
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Attention Trustees! A worrying problem for protected trusts

Despite the policy intention behind the concept of protected trusts, it has now been discovered that a flaw in the legislation means that deemed domiciles will be taxable on… read more
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Protected trusts investing in the UK – the pitfalls!

Finance Act No.2 2017 creates a new category of “Protected trusts”, where the settlor is not actually UK domiciled, but becomes UK deemed domiciled under the changes in this Act. Read more.
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HMRC issue guidance on cleansing mixed funds

No shortcuts, no best estimates, and a cliff edge. Finance Act No 2 2017 provided a “one-off” opportunity for non-UK domiciled individuals who have a cash mixed fund account to cleanse that account in the period from 6 April 2017 to 5 April 2019. Read more.

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