News & Insights

In previous newsletters we have discussed the implications of the unfolding COVID-19 crisis for personal tax residence (link here) and business tax (link here).

Restricted international mobility, plunging exchange rates and impending recession arising from the COVID-19 crisis throw up significant tax implications.

We appreciate that the current climate is challenging for everyone, including businesses. We are keen to support you whenever we can in this period and all our staff are set up to work remotely to enable us to do that. All calls are being diverted to our mobile phones. You can also contact us using our Enquiry Form .

The legislation in the statutory residence test allows for some days to be ignored in applying certain of the statutory residence tests where the “exceptional circumstances” condition is met.

This tax year HMRC has introduced rules that seek to bring almost all non-resident owners of UK land within the scope of UK tax on their gains. Under the new regime, effective from 06 April 2019, where a seller (regardless of their tax residence)

In our December and January Newsletters we considered some of the main issues arising out of the Government’s changes to the “loan charge”

Recent figures published by HMRC show the number of settlements under the Contractual Disclosure Facility (CDF), also known as the Code of Practice 9 (COP9) procedure,

You may have seen our recent article on the partial abolition and major changes to the disguised remuneration loans charge

The government has announced a significant overhaul of the 2019 loan charge following a much publicised review

An increasing number of individuals are setting up Family Investment Companies; these are simply companies within the scope of UK corporation tax which invest family