Key Considerations and Action Steps on Abolishment of Remittance Basis Taxation
With the end of the non-domiciled regime confirmed for April 6, 2025, individuals impacted by these changes have four months to prepare. Here are essential planning points to consider before the new rules come into force.
Read More
Abolishment of Remittance Basis Taxation in the UK
The Chancellor has confirmed a sweeping change for non-domiciled UK residents (non-doms) set to take effect on April 6, 2025. The current remittance basis of taxation will be replaced with a new four-year Foreign Income and Gains (FIG) regime—a shift likely to impact thousands of individuals planning to move to in the UK.
Read More
How to Maximize Tax Deductions for Your London Based Business
Navigating the tax environment can be intimidating, especially if your business operates in cities like London. However, with an understanding and practical utilisation of tax deductions, a company could reduce its tax burden to a minimum and save resources for growth and innovation.
Read More
More Buy-to-Let Properties are Being Repossessed in the UK: What To Know
If you're one of the landlords in the UK, this article is for you. Thousands of landlords are struggling now to keep their properties out of arrears with a rise in buy-to-let repossessions in the last quarter. In the second quarter of 2024, mortgage arrears for landlords increased by 1% from the previous quarter, resulting in 13,570 cases.
Read More
