The changes to the capital gains tax regime from April 2008 will be of great benefit to many overseas property owners. As overseas properties were rarely trading properties and could not qualify under the furnished holiday lettings rules they seldom…
The £30,000 annual tax charge is unlikely to be a significant issue for the many foreign multi millionaires who live in the UK and have significant overseas income. Instead it will be the 'middle class' foreigners living in the UK with overseas…
There were some pretty drastic tax changes announced in the pre budget report. For site members the main proposals they'll be most interested in will be: Changes to rules that apply to non doms. Stricly speaking the proposals won't just apply to non…