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Changes to non-domiciliary rules with Philip Simpson KC and Ben Symons

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Manage episode 415287790 series 2762247
Content provided by Josh McDonald. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josh McDonald or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes team, is joined by Philip Simpson KC and Ben Symons from Old Square Tax Chambers to discuss the Government's Spring Budget and, in particular, the proposed changes that will affect non-UK domiciled individuals.


This episode covers the major changes to the UK's non-domicile regime proposed by the Government, including:

  • The shift from domiciled-based taxation of individuals to the new residence basis for taxation of individuals.
  • Transitional reliefs for current non-domiciled individuals.
  • The inheritance tax implications of switching from a domicile basis to a residence basis.

If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.


All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

73 episodes

Artwork
iconShare
 
Manage episode 415287790 series 2762247
Content provided by Josh McDonald. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Josh McDonald or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ppacc.player.fm/legal.

In this episode, Alexis Armitage, RPC's Taxing Matters host and Senior Associate in our Tax Disputes team, is joined by Philip Simpson KC and Ben Symons from Old Square Tax Chambers to discuss the Government's Spring Budget and, in particular, the proposed changes that will affect non-UK domiciled individuals.


This episode covers the major changes to the UK's non-domicile regime proposed by the Government, including:

  • The shift from domiciled-based taxation of individuals to the new residence basis for taxation of individuals.
  • Transitional reliefs for current non-domiciled individuals.
  • The inheritance tax implications of switching from a domicile basis to a residence basis.

If you would like to discuss any of the matters raised in this episode, please contact Adam Craggs and Alexis Armitage.


All information is correct at the time of recording. Taxing Matters is not a substitute for legal advice. Opinions expressed by the speakers are their own and do not necessarily represent the views or opinions of RPC.


Hosted on Acast. See acast.com/privacy for more information.

  continue reading

73 episodes

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