It is looking likely that the temporary increase to stamp duty thresholds is ending in 2025 and moving back to the standard levels. Not only will this have a significant impact on the property market, both for first time buyers and those looking to upsize their current home, but it will negatively impact the property
UK and offshore company registration agent, Turner Little has reported a 200% uplift in enquiries for its market leading Discovery consultancy offering from high-net-worth individuals (HNWI) and wealth creators who are disillusioned with the current UK tax procedures and looking to establish offshore locations. As the UK approaches the Autumn budget and navigates an increasingly
As the UK braces for the upcoming Autumn budget, anticipation is building throughout the country as to whether Labour will stick to their election taxation pledges or not. So, buckle in, because if you have a business, investments, properties, or hope to leave your children a hefty sum of money, the overall picture is not
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
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
As the ever-looming Autumn budget moves closer, and the threat of a changed tax landscape in the UK, we are seeing a continued increase in the number of wealth creators leaving the UK for sunnier shores. It is vital that people take control of their financial planning in these final weeks. Proposals such as the
With the UK government poised to introduce a series of radical, pro-union policies in the coming months, it is a serious concern to small businesses across the UK who may not be able to shoulder this burden, with many warning Labour against going too far with the changes. Maybe it is time these businesses consider
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
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
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
