The Chancellor of the Exchequer delivered the ‘Growth Plan 2022' on 23 September 2022

The UK has a favourable tax regime for individuals who are non-UK domiciled, and this extends to inheritance tax (IHT).

The changes were first announced in the 2015 Summer Budget, and a Consultation document was issued in September 2015 setting out further details.

Guernsey, a picturesque island located in the English Channel, is renowned for its robust and innovative financial services sector.

UK real estate, particularly prime property in London, has always attracted significant international investment.

Many non-domiciled individuals own UK residential property through an offshore company/trust structure as these types of structures have, until recently, afforded many tax benefits.

Finance Bill 2018 re-introduces and provides more detail on some of the anti-avoidance provisions that were delayed due to the complexity of the legislation involved.