Changes to non-doms and IHT have dominated the year, but there have also been some interesting cases, write Claire Weeks and Alyssa Haggarty (Maurice Turnor Gardner).
We last had the pleasure of writing Tax Journal’s annual review of issues that have affected private clients in 2021. Our title was ‘Private client tax in 2021: plus ça change?’ and our overriding theme that little had changed. How different 2024 has been!
The year has of course been dominated by a Budget apiece for the outgoing Conservative government and the incoming Labour government. We promised Tax Journal’s esteemed editor that this piece would not solely be about ‘non-doms’ (which make up the majority of our client base) or ‘tractor tax’ (Claire is a farmer’s daughter) but these are clearly the issues that have dominated 2024.
As well as a brief canter through some of the other main reforms announced...
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Changes to non-doms and IHT have dominated the year, but there have also been some interesting cases, write Claire Weeks and Alyssa Haggarty (Maurice Turnor Gardner).
We last had the pleasure of writing Tax Journal’s annual review of issues that have affected private clients in 2021. Our title was ‘Private client tax in 2021: plus ça change?’ and our overriding theme that little had changed. How different 2024 has been!
The year has of course been dominated by a Budget apiece for the outgoing Conservative government and the incoming Labour government. We promised Tax Journal’s esteemed editor that this piece would not solely be about ‘non-doms’ (which make up the majority of our client base) or ‘tractor tax’ (Claire is a farmer’s daughter) but these are clearly the issues that have dominated 2024.
As well as a brief canter through some of the other main reforms announced...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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