Non-doms
Labour pledges to close Tory non-dom ‘loopholes’ amidst wider tax avoidance crackdown
Chancellor-in-waiting Rachel Reeves has vowed to 'take on the tax dodgers because if you make your home and do your business in Britain, then you should pay your taxes here too.'
Required Reading: The Budget 2024 for HNWIs & business owners
Mishcon de Reya's team of tax and legal experts talks us through the key points of this year's Spring Budget, including the end of the Non Dom regime, changes to Capital Gains Tax on residential property,…
‘Another missed opportunity’: Prime property industry reactions to the Spring Budget 2024
Featuring insights from: Black Brick, Chestertons, Fine & Country, Harrods Estates, Heaton & Partners, Jackson-Stops, Janine Stone, Knight Frank, Lomond, London Central Portfolio, Prime Purchase, Propertymark,…
Budget 2024: Hunt scraps Non Dom status, abolishes Furnished Holiday Lettings relief & cuts CGT rates for residential property
The Non Dom regime is being replaced with a 'modern, fairer, simpler' tax system based on residency, says the Chancellor.
Treasury considers scrapping Non-Dom status
Next week's Budget could see changes for HNWIs who live in the UK but have tax residencies overseas.
Budget 2024: The prime property sector’s hopes & expectations
'All we hope for is a reduction in SDLT,' says one London estate agency chief - 'however in reality I suspect there is more chance of stumbling across a unicorn in Regent’s Park!'
London’s super-prime rental market picks up pace as HNW buyers elect for ‘non-permanence’
'The upwards trajectory in the super-prime lettings market looks set to continue,' says Knight Frank's Tom Bill, as PCL's sales market remains 'uneventful'.
From ‘cash is king’ to the price crash that never was: Ten lessons 2023 taught us about London’s property market
'The overall picture in the last year was rather beige but there have been some pops of colour,' says PCL buying agency Black Brick.
Election 2019 head-to-head: Comparing manifesto pledges on housing & tax
From Stamp Duty levies to income tax thresholds; planning reforms to green homes..
Election 2019: What a Labour government might do to property & wealth taxes
There's no 2019 election manifesto yet, but Mishcon de Reya has summarised everything that Jeremy Corbyn's Labour Party has proposed about property and wealth-related taxation over the last few years …
HMRC: 6,000 HNWI have left Britain
Latest government data shows a 13% fall in the number of individuals claiming non-domiciled taxpayer status in the UK, with top advisors citing Corbyn and Brexit as key factors...
Outside the Envelope: April’s new inheritance regime for non-dom owners of UK residential property
Change is afoot for non-dom owners of UK property... From April, inheritance tax will be due on all residential properties in the UK, regardless of whether it's owned through an offshore entity..