In 2019/20 where the deceased leaves a residence, or the sale proceeds of a residence, there is a residence nil rate band of £150,000.
Among this sea of change, though, KPMG UK still seems to be on course to make a tidy profit in 2019.
While voters await the publication of the Labour and Conservative election manifestos, one anticipated battleground is the respective parties’ tax policies for the wealthiest in society. In particular, individuals benefiting from non-UK domiciled (&
The bank customers who received these letters were all "accidental Americans," people who automatically obtained US citizenship because they were born in the United States but who've lived their entire lives in Europe.
The Chancellor, Sajid Javid, himself a professed ‘low-tax guy’, has been considering a bit of a tax shake-up too.
After all, the Dutch response seemed to suggest, everyone knows that those places—and others, such as the Cayman Islands and Switzerland—are tax havens, and to lump the Netherlands in with them was apparently a profound insult.
The latest case centred on engagements between Ms Fospero’s limited company, Canal Street Productions Ltd, and ITV during the 2012/13 and 2013/14 tax years.
With the news that there will be a snap General Election, these are uncertain times for the UK. Regardless of what happens next, we believe the best course of action for long-term investors is to keep calm and make the most of their valuable tax allowance