Introduction of the Multilateral Instrument

On 7 June 2017, the UK signed up to the OECD Multilateral Instrument (MI) designed to implement a raft of changes to tax treaties in response to recommendations coming out of the BEPS project. The purpose of the MI is to give immediate effect to changes arising from...

Age of confusion?

Emergency Budget Whoever succeeds in winning the upcoming election, one of the first things they are likely to do is to hold an ‘emergency Budget’. How, though, does this fit into a year when we already have two of the wretched things planned – one just past on 8...

Trump Tax Reform

For many people in the UK, what President Trump does with US taxes is of very little interest, but many of my clients care a great deal about the US tax system. In addition to having studied US taxes on and off for several years, I have taken a keen interest in what...

All on hold for non-dom legislative changes for now…

Due to the snap General Election and the lack of time to fully consider the pre-election Finance Bill (the longest on record at 762 pages), much of the draft legislation was cut from the committee stage debate that took place yesterday afternoon. The draft legislation...

Summary of the non-UK dom changes from 6 April 2017

Updated following release of Finance Bill 2017 and announcements from HMRC on 21 March 2017) We now know what will be legislated as part of the Finance Act 2017, subject to tweaks made as the Bill passes through Parliament. The following is a summary of the changes...