PRIVATE CLIENT UPDATE FEBRUARY 2015
NON-RESIDENT UK PROPERTY OWNERS – A LIABILTY TO CAPITAL
GAINS TAX
Unlike some countries, the United States of America and France
for instance, the United Kingdom (UK) does not generally charge
Capital Gains Tax (CGT) on property disposals by non-residents. In
other words, gains made by non-residents on a disposal are not
subjected to CGT. However, this is all set to change. Come April 6,
2015; CGT provisions applicable to resi-
dents are to apply to non-residents. For more
information click here
PRIVATE CLIENT UPDATE MARCH 2015
ON LEAVING SOMETHING BEHIND: WHY YOU MAY WANT A LIVING TRUST
INSTEAD
In the myriad of financial commitments and wealth accumulation
activities, everyone with loved ones will at some point have given
thought to what happens to them when they are no more. What often
comes to mind when considering one's dependants is a Will;
leave a Will and your loved ones will be cared for. A Will however
is not
