Should David Beckham’s tax payments earn him a knighthood? Some might say that the wealthy have a strange relationship with tax. Only a couple of years ago, during the campaign which ended with him becoming President of the United States, Donald Trump boasted about returns which revealed him to have 
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Brexit: could the tax system propel ‘no deal’ Britain to a bright economic future? With just two months to go until the UK is scheduled to formally exit the European Union, we find ourselves still wondering about how that withdrawal will take place. Will there be a negotiated separation or 
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Sport tax update: Football clubs kick back in tax counter-attack Those familiar with Britain’s national sport – football – will recognise how the style of play of many of the country’s top clubs has changed in recent seasons. Led by the likes of Liverpool’s manager Jürgen Klopp, teams have developed 
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Brexit Tax Implications, Tax System Issues – Direct Tax, Indirect Tax, Tax Cuts, Import Tax, Corporation Tax & VAT… Introduction – Brexit Tax Implications/ Issues So Mrs May’s plan on Brexit suffered a bigger battering than Burton Albion in last week’s league cup Semi-Final. This article attempts to pick over 
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Business Investment Relief Introduction – Business Investment Relief Business Investment Relief (BIR) was introduced to promote investment in the UK by enabling UK resident non-domiciled individuals to invest overseas income and gains into the UK, without paying any tax on remitting the income or gains.  Conditions For BIR to apply, 
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Common Reporting Standard Common reporting standard – introduction The Common Reporting Standard (CRS) is an agreement between over 100 jurisdictions to facilitate a universal system of automatic information sharing. In particular, this relates to UK residents holding foreign investments and property or has a source of overseas income. The CRS 
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Requirement to Correct Requirement to Correct – Introduction The Requirement to Correct(RTC) legislation was introduced in the Finance (No 2) Act 2017 to bring into account offshore tax evasion and non-compliance that relates to income, assets, activities or anything having an effect as if it were income, assets and activities. In 
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Split Year Treatment  General Rules Under the Statutory Resident Test, an individual is either UK resident or non-UK resident for a full tax year. However, if during a tax year the individual either starts to live or work abroad or comes from abroad to live or work in the UK, 
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Introduction – statutory residence test Residence has a huge bearing on the tax position of a person for UK purposes.  Taxpayers who are resident in the UK in a tax year are taxable on their worldwide income and capital gains arising in that year,  while taxpayers who are NOT resident in the UK in a 
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January not only marks the start of the New Year but, for many people, a fresh start – a chance to make changes to their private and professional lives. However, for millions of people across the UK, it’s a time of stress as they make an annual attempt to finalise 
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January not only marks the start of the New Year…
January not only marks the start of the New Year…
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