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Blog Archives
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 …
Posted in Shorter Reads
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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, …
Posted in Shorter Reads
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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 …
Posted in Longer Reads
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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 …
Posted in Shorter Reads
Tagged inheritance tax
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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 …
Posted in Longer Reads
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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 …
Posted in Podcasts
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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 …
Posted in Podcasts
Comments Off on IRAs and how they work (Part 1)
