Blog Archives

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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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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IRAs and how they work (Part 2)

Part 2 of our latest UK/USA podcast. Senior Associate Aidan Grant is joined by Partner John Bull from Blick Rothenberg to discuss Individual Retirement Accounts (IRAs) nd break them down into three areas. They are going to discuss what are …

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IRAs and how they work (Part 1)

Senior Associate Aidan Grant is joined by Partner John Bull from Blick Rothenberg to discuss Individual Retirement Accounts (IRAs) nd break them down into three areas. They are going to discuss what are IRAs and why they are so popular …

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Lifetime Giving Handbook

We have prepared a handbook to answer the most pressing and common lifetime giving questions and issues including; giving property to the next generation, gifts to vulnerable individuals, how best to fulfil an individual’s philanthropic ambitions, foreign gifts and the …

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