The Budget contains revisions to the rules for employment related securities relating to people who are resident but not ordinarily resident in the UK. These
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This one is going to cause some fun
The Budget notes say (page 246) that: Transfer of Assets Abroad 27. Anti-avoidance legislation designed to prevent individuals from avoiding income tax by transferring assets
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Change in the residence test
The Budget changes the test for resident days in the UK (page 239) You now have to be in the country at midnight. This overcomes
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Tescos are in trouble
Tescos are in trouble. This from the budget notes: Partnership and trust avoidance in the controlled foreign companies (CFC) legislation The Government announced action, effective
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Income shifting
Domicile: the only changes
There are four changes on domicile: 1) The limit on earnings to be ignored is now £2,000 rather than £1,000 2) Income from offshore trusts
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The Budget – live blog
What budget? After 30 minutes I’ve found nothing to comment upon bar: 1) Domicile rule changes are confirmed as published,a nd will not change again
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What I want from the budget
For those who don’t know today is UK budget day. This is what I want to hear and might hope for: 1) A commitment to
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