United Kingdom: Tax

As the tax year draws to an end, employers are preparing for the year end employment tax reporting requirements. One of the first deadlines for employer reporting to HMRC relates...

Starting from 6 April 2025, the UK will implement significant changes to the taxation of non-UK domiciled individuals.

Welcome to February's edition of the UK Tax Round Up.

It has recently been reported that former UK non-domiciliaries who have ceased to reside in the UK following the abolition of the remittance basis are also abandoning their private members clubs on the strength of advice that to do so will shore up their non-UK tax resident status

Much has been said and written about the new Inheritance Tax (IHT) rules announced by the Chancellor in her October 2024 Budget.

Re Ratcliffe [1999] settled the interrelationship between standard residuary bequests and the incidence of inheritance tax following the aberration of Benham's Will Trusts [1995].

Gift Aid provides substantial tax incentives to individuals making gifts to charity. Under the Gift Aid regime, when making a gift to a charity the charity can claim back the basic rate...

From 6 April 2025, HMRC's official rate of interest will increase. In this brief article, we will provide guidance for employers on which agreements will be affected and what they should look out for.

Inheritance tax (‘IHT') planning is a crucial aspect of wealth management, particularly for those who hold assets that currently benefit from inheritance tax (‘IHT') reliefs

2025 could be a busy year for those dealing with transfer pricing in the UK. Here is our quick guide on the changes to look out for and how they might impact your business.

The Autumn Budget 2024 introduces tax measures with substantial implications for corporate taxation, along with adjustments in related areas that shape the fiscal landscape.

Pillar Two In October 2021, over 130 countries in the Inclusive Framework reached agreement on a two-pillar solution to reform the international tax framework in response to the challenges of digitalisation. In Autumn Statement 2022, it was announced that the Multinational Top-up Tax and Domestic Top-up Tax would be introduced from accounting periods beginning on or after 31 December 2023 and the undertaxed profits rule from accounting periods beginning on or after 31 December 2024. Multinat