Autumn Budget 2024: key points at a glance: The UK Budget is that occasion each year (and sometimes twice in a year) when the UK government outlines the extra money it needs and how it is going to spend it. Changes to the tax rules are what interest us here. The Budget of 30th October […]
Category: UK resident
Reform of the “non-dom” regime
The non-dom regime is set to end on 5th April 2025 – what does this mean? Residency and domicile are two separate, and quite different, legal concepts, with quite different effects. Domicile ceases to be relevant for UK tax purposes after 5th April 2025, but some transitional relief is available. Aspects of UK tax for which domicile was relevant […]
Labour’s upcoming Budget and what it means for property investors
What changes will the Budget bring to property tax? As the UK anticipates the release of the first Budget of this Labour government, landlords are paying close attention to potential policy shifts that could significantly impact the housing market. Understanding the likely proposals and preparing for them will be crucial for property investors looking to […]