With the off-payroll rules extending to private sector businesses, the BBC’s troubles with IR35 became a salutary lesson. US tax reforms have a big impact on UK-based US entrepreneurs and other non-doms’ focus on cleansing of mixed accounts. Brexit uncertainty affects private clients’ plans (with a lifetime IHT sting in the tail for referendum donations) and UK property taxes for non-residents add more complexity. Disclosure of tax avoidance scheme for IHT and changes to the entrepreneurs’ relief qualification rules affect family succession planning. Tax transparency is reinforced through trust registration, HMRC’s requirement to correct and the common reporting standard.
Wendy Walton (BDO) focuses on tax changes in 2018 that have an impact on key themes that are currently important to private clients: the creation and preservation of wealth, the transition of wealth to future generations, and tax transparency.
where either of these actions include steps that would appear contrived or artificial to an ‘informed observer’.
With the off-payroll rules extending to private sector businesses, the BBC’s troubles with IR35 became a salutary lesson. US tax reforms have a big impact on UK-based US entrepreneurs and other non-doms’ focus on cleansing of mixed accounts. Brexit uncertainty affects private clients’ plans (with a lifetime IHT sting in the tail for referendum donations) and UK property taxes for non-residents add more complexity. Disclosure of tax avoidance scheme for IHT and changes to the entrepreneurs’ relief qualification rules affect family succession planning. Tax transparency is reinforced through trust registration, HMRC’s requirement to correct and the common reporting standard.
Wendy Walton (BDO) focuses on tax changes in 2018 that have an impact on key themes that are currently important to private clients: the creation and preservation of wealth, the transition of wealth to future generations, and tax transparency.
where either of these actions include steps that would appear contrived or artificial to an ‘informed observer’.