Her Majesty’s Revenue and Customs are looking at offshore assets with a new focus meaning that those with money in such schemes have to be aware that there is a heightened level of scrutiny.
The new legislation creates an obligation for taxpayers to disclose to HMRC any non-reported offshore taxable amounts by 30 September 2018.
London has the most educated workforce in the whole of Europe, according to a recently conducted survey. With two in three people in the city educated to degree level or higher, our capital has by some distance the most learned people in any city across the continent.
Be it law, technology, or entrepreneurship this wonderful place, so steeped in history is a magnet for those across the globe who has the drive to better themselves. Being great advocates of the city of London, we never cease to feel wonderment at the rich diversity of people here in our capital, be it in practicing law or any other profession. Continue reading
Britain and India have for a long time shared very close ties, hence the reason that there is such a huge Indian community in the UK, especially here in London and the South East.
The Government of Indian Prime Minister, Mr Narendra Modi, has introduced a bill to the Indian Parliament which proposes to tax undisclosed foreign income and assets of Indian residents at 30 per cent, with substantial penalties and/or imprisonment for non-compliance. Continue reading
The passing of a loved one leaves behind a mountain of paperwork. Registering the death and arranging the funeral is only the start of the red tape. Continue reading
The new change in Capital Gains Tax is getting closer. Anyone who lives outside the UK and has a residential property in the UK either under their own personal name or by using an corporate entity is affected. Continue reading