We are sorry to announce that Karen Spencer-Smith has decided to leave Saffron. As Founding and Managing Partner, Karen has been integral in building Saffron during the past 10 years to...
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Non-Doms – Further Developments: UK Property Held in Offshore Structures
Clarification of the new rules on the future Inheritance Tax treatment of UK residential property, and the tax treatment of non-UK resident trusts, had been eagerly anticipated earlier this year, but...
Read MoreUK Resident Non-Domiciliaries –Loans Secured on Foreign Income/Gains (Update For Pre 4th August 2014 Loans)
It would appear that the UK tax authorities have performed a partial U-turn on pre 4th August 2014 loans taken out by UK resident non-domiciled individuals who are taxed on the...
Read MoreUK Resident Non-Domiciliaries – Loans Secured on Foreign Income/Gains
Urgent action is now necessary for those ‘Non-Doms’ taxed on the remittance basis, where they still have a pre-4th August 2014 foreign loan from which funds have been used in the...
Read More2014 Autumn Statement – Private Client Aspects
The Autumn statement contained few surprises, however, the Chancellor did announce significant tax changes, notably the changes to Stamp Duty Land Tax on residential property. We summarise below the main tax...
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