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THE RUMOURED EXIT TAX

The rumoured exit tax that the Labour government may introduce is a profoundly damaging move for non-domiciled residents and wealth creators in the UK and threatens the UK’s appeal as a global hub for wealth creation and investment. This tax, aimed at levying a charge on unrealised gains when individuals leave the UK, targets those

ALL RHETORIC AND NO SUBSTANCE

If you, like us, watched Kier Starmer’s speech at the Labour conference earlier in the week, you are probably just as concerned. With many distracted by Starmer’s sausage gaffe, wealth creators and business owners will have had a keen eye and ear on any key tax announcements. But there were none. As Conservative leadership contender

WHY WE SHOULD ALL BE CONCERNED ABOUT NON-DOMICILED RESIDENTS LEAVING THE UK

Following Labour’s landslide victory in the 2024 UK general election, there are significant changes on the horizon for non-domiciled (non-dom) residents currently residing in the United Kingdom. In a significant step away from past practices, the government plans to phase out the long-established non-dom regime, which will then be replaced by a system based on

SHOULD YOU STAY, OR SHOULD YOU GO? DO THE MAIN POLITICAL PARTIES HAVE BUSINESSES BEST INTEREST AT HEART?

As the 2024 UK General Election approaches, many business owners and high net worth individuals find themselves in a precarious position. The choice between the Conservative and Labour parties (because, let’s be honest, the other parties aren’t really worthy of discussion) presents a dilemma, with both sides offering little solace for those seeking stability and

Guest post: young voters in the UK general election

With the UK’s general election quickly approaching, political divisions are deepening across the nation and the UK’s financial future is largely uncertain. Labour party leader Kier Starmer has been gaining traction, particularly among the younger generations, with ambitious promises and policies. While some critics dismiss these ideas as overly unrealistic or practically unattainable, they have

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.