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UK Non-Domiciled Tax Status Update: The New FIG Regime Explained
The Removal of the Remittance Basis of Taxation From 6 April 2008, individuals who were UK residents, but non-domiciled (‘non-doms’), had the option to be taxed on a ‘remittance’ basis. Under these rules, foreign income and gains were not taxed in the UK unless they...
Tax Rates and Allowances 2025/26
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
Spring Budget 2024 Summary
Spring Budget 2024 Summary Chancellor Jeremy Hunt delivered his ‘Budget for Long Term Growth’ on Wednesday 6 March 2024. His speech promised ‘more investment, more jobs, better public services and lower taxes’. Lowering taxes The Chancellor made further changes to...
Spring Budget 2024 – Key Tax Announcements
Today, Chancellor Jeremy Hunt announced his 2024 Spring Budget where he summarised the UK economic performance and announced his proposals for tax. We highlight below some of the key tax changes announced. National Insurance Contributions cut From April 2024,...
Setting up a company in Dubai common questions/problems/misconceptions
Tax Rates and Allowances 2023/24
Introduction We have summarised the key rates and allowances which are fundamental to our business and personal lives. We are sure that you will find them a useful point of reference and have set out below a few examples of how they can be used. Personal tax rates As...
Business in the United Arab Emirates (UAE)
The middle east has become a desirable place to set up business. It has a world class infrastructure as well as a welcoming tax environment and efficient processes and procedures. The United Arab Emirates is a young country, established on 2 December 1971, combining...
Moving your UK business or setting up a business in Dubai and the UAE
We are helping more and more individuals and businesses move to Dubai and the UAE. Amongst other benefits, Dubai and the UAE have long been an attractive tax jurisdiction, however, with the UAE being as dynamic and evolving as it is, it has introduced a number of tax...
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