Introduction The first Budget of the Labour government, as anticipated, brought fundamental changes to the way that internationally mobile individuals will be taxed in the UK from the financial year starting on 6 April 2025. The  financial year 2024/25 is the final year in which remittance basis claims can be made. However, it is essential […]

On 21 February 2025, the UK and Andorra formalized their first double tax treaty, aimed at preventing double taxation and fostering economic cooperation between the two nations. The agreement applies to the following taxes: The treaty will come into effect once both countries have completed their respective legal processes and officially notified each other through […]

A Significant Ruling on the Interpretation of Exceptional Circumstances In A Taxpayer v Revenue and Customs Commissioners [2025] EWCA Civ 106, the Court of Appeal has provided key clarification on the interpretation of “exceptional circumstances” under the Statutory Residence Test (SRT). The ruling overturns the Upper Tribunal's (UT) restrictive approach and restores the original decision […]

Introduction The 2024 Autumn Budget introduced a significant reform to Inheritance Tax (IHT), moving from a domicile-based framework to a residence-based system from 6 April 2025. Under the new rules, individuals who meet the criteria of long-term UK residents will be subject to UK IHT on their worldwide assets, regardless of their domicile status. Additionally, […]

Today, Rachel Reeves, the UK Chancellor has delivered the first Labour's Budget in 14 years. The Chancellor had widely anticipated that this would have involved making "difficult decisions” with tax rises and spending cuts in the value of £40bn. However, the Office for Budget Responsibility has published a detailed assessment of Labour's policies for the next […]