Nick Clegg (the UK's Deputy Prime Minister) has announced that the Government is strongly considering imposing capital gains tax (CGT) on non-residents owning UK property. Under current rules, only UK-residents are subject to the tax.

We have received enquiries from a number of prospective non-doms including some who are postponing their relocation to London and the purchase of high-value residential property here.

The Minister for Finance delivered his Budget speech for the coming year on 8th October 2019.

With Brexit looming, we have received several recent queries from EU citizens concerning the implications of the timing of their intended immigration to the UK in the event of no-deal Brexit.

Finance Act 2008 introduced a new capital gains tax regime for UK resident but non-domiciled beneficiaries of non-UK resident trusts.

Over the past few years there have been numerous changes to the taxation of UK residential property, which have left many portfolio landlords with vastly increased tax liabilities.

The Companies Act 2014 represents the most significant reform of company law since 1963, replacing the existing 16 Companies Acts, and will come into force on 1 June 2015.

With careful planning, shares in family trading companies can be passed on to future generations without incurring charges to inheritance tax (IHT) or capital gains tax (CGT), whilst allowing current owners to maintain effective control of the business.

An overseas business looking to establish itself in the UK will need a local adviser "on the ground" to make sure that it fulfils all of its statutory obligations.

The UK Government announced in yesterday's Budget that they are extending the package of taxes that were brought in over recent years to target UK residential properties held by companies and other non-natural persons

As a result of the Covid-19 pandemic and the restrictions placed on international and domestic travel, individuals and businesses are having to adapt to different working practices.

The UK's transition withdrawal period from the EU comes to an end on 31st December 2020. From 1st January 2021, freedom of movement of people between the UK and the EU will come to an end, and new UK immigration laws will come into effect.

Following its announcement at Budget 2013, the UK Government issued a consultation document in May 2013 considering changes to two aspects of the partnership tax rules.

Furnished holiday lettings (FHL) are treated more favourably for UK tax purposes than other property lettings.

UK resident employees are generally taxable in the UK on worldwide employment income.

HMRC has launched a Property Sales Campaign aimed at UK-resident individuals who have sold a second home or buy-to-let property in the UK or overseas and have not declared, or under-declared, any Capital Gains Tax which may have been due.

These guidelines are primarily intended for non-UK domiciled individuals who are intending to take up UK tax residence.

In February 2011 the European Commission (EC) issued the UK Government with two notices (reasoned opinions) requiring them to review two areas of the UK's anti-avoidance tax legislation.

Principal Private Residence (PPR) relief is the most significant relief from Capital Gains Tax (CGT) on the sale of interests in property.

Ireland is a world-class EU location of choice for fund promoters to domicile and service investment funds.