We have put together useful information sheets on the following issues:

Government Revises Proposals To Tax
In his Budget of 12 March the Chancellor significantly modified his earlier proposals for reforming the tax treatment of UK resident, non-domiciled individuals and their offshore structures. The original proposals had been outlined in October’s Pre-Budget Report and given flesh in the detailed legislation that followed in January this year. It became clear from the March Budget statement, however, that the Government had decided to ameliorate the reforms as originally envisaged. Overall this was good news for non-domiciliaries, although it remains important for them to review their affairs in the light of what amount to substantial changes to the existing tax rules affecting them and their off-shore structures. >>more>>

The Finance (No 2) Bill ('the Bill')>>more>>

Please contact Bart Peerless, Stephen Pallister or Catriona Syed if you need any information.

If you require further information on any of these subjects, please contact the named contact on the bottom of each sheet.