Blog Archives

UK Domicile & Tax Changes: What you need to know about the changes to worldwide assets (We’re the Brits in America)

Posted on March 17, 2025 by Emily Anderson

In this episode Collyer Bristow’s Aidan Grant was invited by Richard Taylor from Plan First Wealth to appear on its ‘We’re the Brits in America’ podcast to discuss UK Domicile & Tax Changes: What you need to know about the changes to worldwide assets. …

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Rachel Pang

Posted on February 17, 2025 by Christopher Wilsher

Rachel is an Associate in our Tax and Estate planning team.

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Statutory Residence Test

Posted on January 30, 2025 by Emily Anderson

Whether someone is tax resident in the UK is determined by the statutory residence test (“SRT”) The SRT comprises two primary tests: an “automatic test” and a “sufficient ties” test.  The “automatic test” immediately determines that certain people are resident …

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UK to soften tax rules for wealthy foreigners after millionaire exodus, Rachel Reeves says

Posted on January 30, 2025 by Emily Anderson

The U.K. will soften some planned changes to its controversial non-dom tax rule following concerns of a millionaire exodus, the Treasury has confirmed. Britain’s 200-year-old non-dom regime permits people living in the U.K., but who are domiciled elsewhere for tax …

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Autumn Budget 2024

Posted on October 31, 2024 by Annalise Wheeler

After weeks of speculation, leaks, and briefings, Rachel Reeves was the first female Chancellor of the Exchequer to deliver a Budget Statement to the House of Commons.  As expected, her speech was sombre, and intensely political – criticising the Conservative …

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Keir Starmer launches Labour manifesto

Posted on June 13, 2024 by Claire Tourret

Partner James Austen comments on Labour’s refusal to rule out a rise in Capital Gains Tax (CGT): “While not one of their manifesto commitments, Labour has not ruled out increasing CGT rates. In fact, Sir Kier Starmer has repeatedly refused …

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CB team comments on the Chancellor’s 2024 Spring Budget

Posted on March 6, 2024 by Claire Tourret

Partner James Austen comments on the Chancellor’s HICBC updates, which include the announcement that HICBC will become a household based system and that its threshold will begin at £60,000: “At first sight, campaigners seeking the overhaul of the confusing, punitive, …

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Estate planning for digital assets

Posted on March 29, 2023 by Claire Tourret

Fundamentally, digital assets are the possessions you access on a digital device. These assets are normally stored online and accessed via a personal online account run by a third-party provider. How should you manage these assets?

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Planning with crypto assets

Posted on March 29, 2023 by Claire Tourret

It is increasingly important for individuals to understand how crypto assets are taxed, both in life and on death, and ensure the consideration of crypto assets in succession planning.

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Can I make cash gifts under a power of attorney arrangement?

Posted on March 28, 2023 by Claire Tourret

The “normal expenditure out of income exemption” is a tax break that allows individuals to give gifts as part of their regular spending, as long as they have enough income left to maintain their usual standard of living. Attorneys with …

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