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The capital gains tax surprises that catch people out
The run-up to a Budget often prompts people to think about tax and their finances. While future tax policy remains uncertain, understanding the rules that apply today can help avoid costly surprises. Capital gains tax (CGT) is one area where unexpected bills can...
Healey’s growth agenda meets fiscal reality
In his first major speech, Chancellor John Healey today set out optimistic plans to drive economic growth across ‘every postcode’ in the UK. Taking a more positive approach than his predecessor, Healey said the UK was ‘turning a corner’, pointing to signs of growth...
Burnham’s Britain – economic priorities to consider?
With the support of 90% of Labour MPs (349 in total), Andy Burnham has replaced Sir Keir Starmer as the UK’s prime minister for the remainder of this parliament, ending in August 2029 (at the latest). While pledging to do things differently, there are many challenges...
Coming home to retire? Tax implications for returning expats
The tax treatment of your income and gains depends on how long you lived overseas.Qualifying UK residents receive four years of tax relief on certain worldwide income and gains, under the foreign income and gains regime.The complex and changing tax landscape...