George Osbornes 2012 Budget was promoted as benefitting Britains less well off, but as the dust settled on the 114-page document this afternoon, it seemed few are likely to benefit quite so much as those tax experts who specialise in translating what it all means to the wealthy, international individuals who are their clients.
Neil Chadwick, Royal London 360 Technical Marketing Manager, looks at the non-dom remitance fee hike
Unveiling his Budget, George Osborne said non-doms living in the UK 12 years will now pay £50,000
A PwC poll of business execs found 19% thought last week’s budget would slow UK business exodus.
International advisers are more likely to use offshore bonds following the rise in CGT.
The IMA has welcomed the UK Governments decision to hold a consultation about the tax regime.
The Emergency Budget threw up little surprises for the offshore sector…..
The UK Chancellors Budget was a fairly benign affair, more concerned with not alienating voters
The Budget contained good news for bond customers who pay 50% income tax rate
The UK Budget announced plans to extend tax agreements with Domnica, Grenada and Belize
The Chancellor today confirmed severe penalties for those who fail to pay taxes on offshore gains.
UK’s Budget on March 24 is expected to contain further measures to curb offshore tax evasion.
