Tax avoidance or prudent planning? Glastonbury transfer splits opinion
Michael Eavis has transferred Glastonbury to his daughter in an estate plan that some have dubbed 'tax avoidance'
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Tax
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Tax
HMRC nets £1.5 billion from wealthy in bumper year
Britain’s tax authority has doubled its revenue from wealthy individuals, its latest records show. Specialist investigators at HMRC netted more…
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As London falls out of top 5 wealthiest cities, can the UK turn the tide on the HNW exodus?
A wave of fiscal reforms, including the abolition of the non-dom regime, rising inheritance tax and uncertainty around future policy,…
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Shadow Business Secretary: Britain ‘will be back’ as hub for wealth creators
Thousands of millionaires have left the UK following the end of the non-dom regime, but the Conservative Party would reverse…
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Inside the libertarian charter city of Próspera
Próspera, a 'zone for employment and economic development' (ZEDE) on the Honduran island of Roatán, is an ambitious project taking…
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So, you’re going to be rich, what do you do now? Experts on how to handle a liquidity event
Top advisers to billionaires share their wisdom on how to manage a major 'liquidity event' such as selling a business…
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Wealthy British expats big winners from IHT changes
With proper planning, British expats can now enjoy greater control over their wealth without the shadow of UK IHT looming…
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How high earners can reduce their UK tax bill in 2025
Strategic tax management ensures that wealth is passed on efficiently while minimising liabilities. Spear's experts explore key tools for reducing…
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Inheritance tax racks up another record take
Inheritance Tax receipts hit a record £7.6 billion in the first 11 months of 2024/25, exceeding last year’s total with…
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Surge in Americans seeking British citizenship
As political and economic uncertainties grow in the US, a record number of Americans are looking into relocating to the…
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HMRC suspects Britain’s wealthy underpaid £325 million in inheritance tax as government ramps up IHT compliance
As the government seeks to raise an extra £2 billion through IHT increases, HMRC’s crackdown on underpayment is expected to…
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High Court to hear private school VAT legal challenge this April
In the earlier hearing, Lord Pannick KC, representing the ISC-backed claimants, successfully argued parents require clarity given the immediate financial…
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HMRC ramps up campaign to clamp down on offshore tax evasion
Acting proactively, particularly before receiving a nudge letter from HMRC, can mitigate the risk of harsher penalties and lengthy investigations
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Nadhim Zahawi’s lawyer accused of ‘shocking threat’ to tax campaigner Dan Neidle in SLAPP test case
The former chancellor's solicitor is accused of breaching code of conduct by intimidating tax expert Dan Neidle who exposed HMRC's…
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The reputational risk of being ‘named and shamed’ as a tax defaulter by HMRC
Individuals and businesses must consider the potential damage to their reputation alongside their tax strategy to mitigate against damage caused…
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Number and value of trusts in UK continue to decline despite ‘surprising’ rise in registrations during last tax year
Despite fall in number of trusts, experts tell Spear's they remain an excellent vehicle for ensuring wealth and family businesses…
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UK still top destination for global entrepreneurs
HSBC report finds business owners are optimistic about the future – globally and closer to home
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Is the UK set to become a tax and Trump haven for wealthy expats?
For HNWs considering their next move, the new UK tax regime offers a temporary retreat — a window that could…
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The UK Budget IHT changes and how HNWs can mitigate the impact on estates
What do Rachel Reeves's changes to inheritance tax mean for wealthy individuals and family businesses now having to break up…
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British billionaire and entrepreneur James Dyson blasts Rachel Reeves’s ‘spiteful’ inheritance tax raid
Writing in The Times, Sir James Dyson said the chancellor's changes to inheritance tax were a 'tragedy' that would rip…
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