Tax in 2023: pre-empting Labour policies, ‘tax-fluencers’ and more bureaucracy than ever
International UHNWs are facing the end of the non-dom regime, as well as possible changes to VAT, inheritance tax, and…
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Is this how to save the non-dom regime?
The non-dom regime has become a charged political issue. In a new report, Withers law firm suggests six changes that…
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Acceptance in Lieu: when offsetting inheritance tax is a work of art
The recent donation of an Apollo bronze to the Fitzwilliam Museum, Cambridge, shines a light on a valuable tax tool…
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Private Client Accountant of the Year: BDO’s Dawn Register takes home the prize
Introducing the winner and finalists for the Private Client Accountant of the Year Award, in association with St. James's Place…
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Autumn statement: absence of widely-anticipated inheritance tax changes means HNWs face pre-election ‘uncertainty’
While changes affecting HNWs were noticeably absent from the autumn statement, a policy change on IHT could come later from…
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Shakira tax fraud case highlights perils of cross-border tax requirements for ‘nomadic’ UHNWs
Shakira settled a €14.5 million bill in Spain that hinged on where the singer lived during the disputed period. It's…
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How to prepare your taxes for 2024 if you’re a HNW
Tax advisers tell Spear’s how HNWs can get their affairs in order before the 31 January self assessment deadline and…
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Are advanced fee payment schemes a way to avoid Labour’s proposed private school VAT levy?
Sir Keir Starmer hopes to raise about £1.6 billion a year by removing the VAT exemption for private schools. Some…
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What is succession planning? How to pass on wealth, control and knowledge to the next generation
The questions of how and when to pass the torch to the next generation loom large over many families. Effective…
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Billionaires must pay global minimum tax rate: economist Joseph Stiglitz leads calls for measure which could ‘generate $250 billion’
The Global Tax Evasion 2024 report, published by the EU Tax Observatory, suggests setting a 2 per cent rate for…
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Trusts continue decline as self assessments fall and HMRC bureaucracy intensifies
New rules by HMRC have meant more trusts and estates than ever must sign up to use the Trust Registration…
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HNW news: the power of the blue plaque and is this the death of death tax?
Hedgehog: is this the end of inheritance tax? Plus the famous HNWs snapping up OWO branded residences, and will a…
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How much money would Labour’s proposed VAT levy on private schools raise?
Labour's plan to levy VAT on private school fees might not net the £1.6 billion the party has estimated. But…
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Spear’s Tax Survey 2023: what a Labour government could mean for the UK’s tax landscape
The UK is likely to have a Labour chancellor next year. What would that mean for Spear’s readers, the HNWs…
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The UHNW non-doms leaving the UK to escape a Labour government
With Labour set to abolish the non-dom regime, tax advisers are helping international UHNWs to spread their wings - and…
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How the UAE’s approach to tax is evolving
With the UAE's recent implementation of corporate tax, the country's residents are now asking themselves what else lies in store
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Is it time for UK HNWs to reconcile with the idea of paying more capital gains and inheritance tax?
Capital gains tax and inheritance tax have become increasingly lucrative for HMRC. What's behind the rise in receipts and do…
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How an early form of tax avoidance influenced architecture in Puglia
Alberobello's Unesco protected trulli were influenced by some medieval creative accounting
By Dwindling number of non-doms pay record tax bill
New figures from HMRC reveal that non-doms and deemed domiciles paid a record $12.4 billion in 2022 - despite their…
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Private wealth industry ‘politically biased’ and ‘failing clients’, report finds
New research by the Progressive Advisors’ Movement challenges ethical 'norms’ of the industry's current behaviour around tax
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