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…
By
Tax
Latest in
Tax
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…
By
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…
By
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…
By
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…
By
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
By
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…
By
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…
By
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…
By
UK still top destination for global entrepreneurs
HSBC report finds business owners are optimistic about the future – globally and closer to home
By
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…
By
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…
By
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…
By
What does the Budget 2024 mean for the wealthiest UK taxpayers?
As the dust settles on the Budget 2024, advisers from the Spear’s network give their insights into the impact the…
By
Spear’s Tax & Trust Indices 2024
Welcome to the Spear's guide to the finest tax advisers and lawyers working with high and ultra high net worth…
By
From capital gains to inheritance tax, what the budget means for Britain’s wealthy
Ahead of Rachel Reeves' 30 October Budget, experts from the Spear's network share their insights into the likely impact of…
By
What ancient Greece can tell us about the world of taxation
It might be surprising to learn taxation occupied relatively little airtime in the birthplace of democracy: ancient Greece
By
UK to see largest exodus of millionaires in the world
Analysis from leading think tank, the Adam Smith Institute, suggests the UK's increasingly hostile tax environment will force HNWs overseas
By
Non-dom ‘brain drain’ could impact UK’s tech and financial services sectors, warns leading law firm
As the UK prepares to overhaul its non-dom tax regime in April 2025, concerns are mounting over the potential impact…
By
International governments duel over IHT
From India to Australia, world leaders have wildly different stances on the polarising issue
By