News and Publications?height=270

News & publications

Related news & insights - Elizabeth Nicholas

Autumn Statement 2022: stealth taxes and spending cuts
Posted: 18/11/2022
Yesterday the Chancellor of the Exchequer, Jeremy Hunt, delivered his Autumn Statement and set out the government’s latest plans to reduce public spending and plug the gap in the UK’s finances. While it is clear one of the objectives of the Autumn Statement was to try and recover stability in the markets......>>
The register of overseas entities
Posted: 25/04/2022
Back in 2016, the UK government proposed the introduction of a public register of the beneficial ownership of UK land and property where that land or property was held by an overseas entity. One of the original aims of the register was to enable the government to enforce changes to the inheritance tax rules......>>
What next for capital gains tax? Part 2: The Office of Tax Simplification recommends targeted reforms
Posted: 12/08/2021
In our article published in December 2020 (here) we reported on the bold recommendations for capital gains tax (CGT) reform made by the Office of Tax Simplification (OTS) in the first of its two reports. The first report considered the policy design and principles underpinning CGT......>>
Moving to the UK? - a briefing for Hong Kongers on the UK’s beneficial tax regime for overseas families
Posted: 09/07/2021
The UK took a significant step to welcome Hong Kongers when it launched the Hong Kong British National (Overseas) (BNO) visa on 31 January 2021. With this visa, the UK Government has sought to remove many of the restrictions that hamper other visa categories......>>
Budget 2021: the repair work begins…
Posted: 03/03/2021
Today the Chancellor of the Exchequer, Rishi Sunak, delivered his Budget and set out the Government’s plans to support businesses and create jobs......>>
The new SDLT surcharge for non-UK resident buyers
Posted: 29/01/2021
New rates of stamp duty land tax (SDLT) will be introduced shortly, for purchasers of residential property in England and Northern Ireland who are not resident in the UK. The new rates will be 2% higher than those that apply to purchases made by UK residents and will apply from 1 April 2021...…>>
What next for capital gains tax? The Office of Tax Simplification makes bold recommendations
Posted: 01/12/2020
Alarm bells will be ringing for many taxpayers and their advisers following the report published by the Office of Tax Simplification (OTS) on 11 November 2020. Its recommendations, which are made independently to the Government, have the potential to increase capital gains tax (CGT) revenues by billions of pounds...…>>
UK implementation of the Fifth Money Laundering Directive
Posted: 30/10/2020
The Government has introduced new legislation which increases reporting obligations for trusts, following its implementation of the European Union’s Fifth Money Laundering Directive (5MLD). The legislation came into force on 6 October 2020 and has wide-ranging implications for trusts...…>>
Domicile: getting the story straight
Posted: 11/09/2020
Every person has a domicile at all times throughout their lifetime, starting with a domicile of origin at birth, which is usually the domicile of the person’s father. Once an adult, an individual's domicile will change only if they move country and intend to live in that country permanently or indefinitely...…>>
How the Covid-19 pandemic may affect an individual’s tax position in the UK
Posted: 25/03/2020
Tax residence in the UK is determined under the Statutory Residence Test (the SRT) and is, in large part, based on the number of days an individual spends in the UK in a tax year (which runs from 6 April each year to the following 5 April). An individual is considered to have spent a day in the UK if they are in the UK at midnight...…>>

1
2
3
4

Filter news & insights

Filter by keyword: Filter by expertise:

In this section

Media enquiries

Contact our press team on:

+44 (0)20 7457 3258
+44 (0)7887 888105 (out of hours)

Useful links

Value

Contact an office

London (Head office)
+44 (0)20 7457 3000
London (Minories)
+44 (0)20 7481 8851
Basingstoke
+44 (0)1256 407100
Birmingham
+44 (0)121 312 2560
Cambridge
+44 (0)1223 465465
Guildford
+44 (0)1483 791800
Oxford
+44 (0)1865 722106
Reading
+44 (0)118 982 2640

Madrid
+34 91 781 6670
Paris
+33 1 44 34 24 80
Piraeus
+30 210 361 4840
Singapore
+65 6438 4497

Sectors

Services for Business

Services for Individuals

Copyright

© 2023 Penningtons Manches Cooper LLP.
All rights reserved.
Website design by Frontmedia / Dynamic Pear

Penningtons Manches Cooper LLP

Penningtons Manches Cooper LLP is a limited liability partnership registered in England and Wales with registered number OC311575 and is authorised and regulated by the Solicitors Regulation Authority.