UK Tax Blog

UK & Offshore Tax Planning Blog

Moving abroad to avoid the 50% rate of income tax

Moving abroad to avoid the 50% rate of income tax As the top rate of income tax (officially known as the 'additional rate') has increased to 50% as from 6 April 2010, we're often asked "Can I move abroad to avoid this 50% tax rate?". There are two…

Non Doms and the Emergency Budget

One of the Conservative policies was to change the tax regime for non doms. This involved a £25K non dom tax charge for all non doms to benefit from the remittance basis. Crucially it would apply irrespective of the length of residence in the UK…

The proposals to increase the rate of CGT to 40% or 50%

The recent Liberal-Conservative coalition agreement included the following statement in relation to capital gains tax : '…We further agree to seek a detailed agreement on taxing non-business capital gains at rates similar or close to those applied to…

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