In January 2018, Philip Hammond asked the Office of Tax Simplification to make IHT fairer and easier to understand. Recommendations have now been published and the following will be consulted and debated amongst Treasury ministers. It has been proposed to Introduce a...

For many years, individuals have invested in property to supplement their earnings or to boost retirement income. Over the last couple of years, a number of tax and regulatory changes have made property investment business less profitable. Only 25% of all loan...

With the Brexit process rumbling on and Making Tax Digital finally coming into force, now is the time to put your financial plans in place for 2019/20. The way you receive an income, and the tax rates and allowances that apply, should be at the front of your mind....

Domicile is a legal concept. It describes the country that you consider to be your home and where you ultimately belong. It is distinct from nationality, citizenship and residence. It is only possible to have one country of domicile at any given time. Where am I...

In the modern world, many of us are spending our time living and working in more than one country. To determine how much UK tax is due, it is important to understand your residence status for tax purposes. In the UK, a Statutory Residence Test (SRT) determines an...