Understanding UK inheritance tax and estate planning for non-residents: Benjamin Franklin famously said that nothing in life is certain except death and taxes. This article provides an overview of how UK inheritance tax applies to non-residents and to individuals moving to or leaving the UK, together with the importance of proper estate planning. Published 31st […]
Category: Inheritance Tax
Autumn Budget 2024: key points at a glance
Autumn Budget 2024: key points at a glance: The UK Budget is that occasion each year (and sometimes twice in a year) when the UK government outlines the extra money it needs and how it is going to spend it. Changes to the tax rules are what interest us here. The Budget of 30th October […]
End of the Furnished Holiday Letting regime
The end of the Furnished Holiday Letting (FHL) tax regime on 5th April 2025: With effect from 6th April 2025, all Furnished Holiday Lettings will be treated the same as any other residential letting business and all the benefits of an FHL will disappear. In the notes below we describe the transitional arrangements. After 5th […]