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The busiest shipping lanes in the world
The conflict in Iran has brought shipping traffic to a halt in the Strait of Hormuz, a key corridor for global trade. This disruption has highlighted the world’s reliance on this strategic sea route and the vulnerabilities it creates for the global economy. Here we...
Non-dom tax changes – why planning is vital
New tax arrangements for non-domiciled residents in the UK were introduced on 6 April 2025. Tax is now applied on all foreign income and gains for previous non-doms at the same rates and terms as for any other UK taxpayer. New arrivals who come to the UK after 10 or...
Iran conflict: what rising oil prices mean for UK households
Inflation is expected to rise a further 1% by the end of the year as a result of the conflict. This is driven by rising oil and gas prices, which are pushing up costs in other areas for consumers. Remortgaging and buying property has become more expensive as banks...
Owners urged to review holiday lets as tax changes bite
The special tax treatment of eligible furnished holiday lets (FHLs) was abolished in April 2025. It means all income and gains from FHLs are now taxed in the same way as other rental properties. The income from FHLs can no longer be included as relevant UK earnings...