Blog Archives

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

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

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

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?

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

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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CB team comments on the Chancellor’s 2024 Spring Budget

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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Destination UK: Tax tips & relocation advice

UK pre-arrival tax and estate planning Relocating to the UK exposes an individual to UK tax to varying degrees. How and when that tax arises depends on the date from when they are first treated as UK tax resident.  This …

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Nathania Hall

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

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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Tax Justice UK proposes wealth tax to raise £37 billion

TaxJustice UK proposed five steps which the new Chancellor Jeremy Hunt could take to raise this amount. The five proposed changes aim to place a greater share of the tax burden on wealth individuals. Read Partner James Austen’s thoughts on …

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