Blog Archives

‘Long Term Residence’ in the UK: Tax Consequences for International Private Clients

Posted on March 5, 2025 by Emily Anderson

In the October 2024 Budget, the UK government announced significant reforms to the UK’s inheritance tax (IHT) regime, particularly affecting non-UK domiciled individuals and the treatment of offshore trusts.  These changes, effective from 6 April 2025, aim to modernise and …

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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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Video | Non-Dom Tax Amendment Comments (Turkish)

Posted on January 29, 2025 by Emily Anderson

In this short video Tax Partner, Tulin Hamit,Tulin Hamit, speaks to her Turkish colleagues and clients about the news of amendments to non-dom tax rules by Rachel Reeves.

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Is the Government set to U-Turn on its Non-Dom Tax Policy?

Posted on September 27, 2024 by Christopher Wilsher

Press reports (for example BBC News, and Financial Times) suggest the Government is now re-thinking the “Non-Dom” tax policy changes to which the Labour Party committed in its General Election Manifesto earlier this year. We will analyse and comment on …

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Collyer Bristow promotes Aidan Grant to Partner

Posted on September 20, 2024 by Christopher Wilsher

Collyer Bristow has announced the promotion of Aidan Grant to Partner in the Private Wealth department. Aidan’s promotion was effective from 20 September 2024. Aidan has been made up to Partner in the Tax & Estate Planning team. He joined …

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Election 2024: Initial comments on potential tax changes

Posted on July 5, 2024 by Christopher Wilsher

Peter Daniel comments:  No one will be surprised that Labour have won the election easily. What remains to be seen is whether the new Government spring any tax surprises. The tax changes Labour have said they will introduce in their …

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Piggy Banks to Portfolios: can children hold shares in a company?

Posted on June 19, 2024 by Claire Tourret

There are no statutory restrictions on shares in a private limited company incorporated in England and Wales being held by a minor. However, there may be restrictions in the company’s articles of association and/or shareholders’ agreement. You should therefore always …

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Stay or go? UK opposition’s tax hit on non-doms likely to encourage exodus

Posted on April 10, 2024 by Claire Tourret

The recent Budget announcements by the Conservative party about the introduction of a statutory regime to determine an individual’s domicile status (similarly with the existing statutory residence test) were widely welcomed and made good sense: clarity is always welcome.  That …

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