Kate outlines changes to the ‘non dom’ regime, foreign income and gains, and Inheritance Tax.
Posts by Kate Thorburn
“Growth Plan” Mini-Budget round-up: Personal Tax
Kate provides a summary of the impacts of the Growth Budget on personal tax matters covering National Insurance, Income Tax, and Stamp Duty Land Tax.
What to expect from the emergency mini-Budget
With the new governments priorities firmly set on “taxes down, borrowing up; growth”, it was unsurprising that one of their first tasks has been to put together an emergency ‘mini-Budget’.
More estates are becoming subject to Inheritance Tax
Kate explains how a freeze of the IHT nil rate band thresholds for paying the tax until 2026, coupled with soaring house prices, is drawing unsuspecting estates into the realm of Inheritance Tax (IHT).
UK Tax Residency – new HMRC online tool
Kate shares details of a new tax residence indicator tool which HM Revenue & Customs have created to help customers to determine their tax residence status.
Welcomed news for divorcing couples
Kate shares details about the government announcement yesterday which gives some welcomed news for divorcing couples from 6 April 2023 onwards.
Capital Gains Tax on separation and divorce
Kate explains from a tax planning perspective what you need to be aware of as a married couple or civil partners who are separating.
Calling all Trustees – there are new obligations that you need to be aware of
Kate explains the existing obligations for taxable trusts and the requirement for new non-tax paying trusts to register and update trust records on the TRS.
All electric company cars – is it time to make the swap?
The financial benefits of electric vehicles may be too attractive to be ignored by employers – Kate explains why in her article.
Four useful tax planning tips for investments
Now is the perfect time to review your investments to ensure they as tax efficient as possible so Kate gives her top investment planning tips.
Top five tax planning tips for January
Kate explains how now is the perfect time to review your tax position and ensure that you are maximising all available tax reliefs for the current tax year.
Christmas is the time for giving
Kate explains the rules around gifting your assets in relation to IHT, CGT and trust planning.
Helping Taxpayers get Offshore Tax Right
Emma explains the discussion document resulting from ‘Tax Day’ which explores how HMRC can help taxpayers get their offshore tax right first time.