Non-resident Capital Gains

The government announced at the autumn Budget that from April 2019 tax will be charged on gains made by non-residents on disposals of all types of UK immovable property, extending the existing rules that currently apply only to residential property. This measure...

Offshore trusts

On 13 September 2017, HM Treasury and HMRC published draft legislation for Finance Bill 2018 containing further changes for offshore trusts. The new rules will apply to payments made by, and benefits received from, offshore trusts from 6 April 2018. These measures are...

Changes to partnership rules

The government has published draft legislation clarifying how the tax rules for partnerships operate. These measures follow the Office of Tax Simplification (OTS) report on simplifying partnership taxation, published in January 2015, and the following consultation....

Disguised remuneration

It was announced in the 2016 Budget that the Government would seek to strengthen the disguised remuneration (DR) legislation with a number of measures, including imposing a charge on loans which remain outstanding on 5 April 2019. The 2019 loan charge provisions were...