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       Posted on June 23rd, 2011

Reform of the taxation of non-domiciled individuals: a consultation

At Budget 2011 the Government announced that it would reform the taxation of non-domiciled individuals (“non-domiciles”) by:

increasing the existing £30,000 annual charge to £50,000 for non-domiciles who claim the beneficial tax regime (“remittance basis”) in a tax year and who have been UK resident for 12 or more of the 14 years [...]


       Posted on November 2nd, 2010

Bank Levy – Technical Note

In the June 2010 Budget the Chancellor announced the government’s intention to introduce a Bank Levy, effective from 1 January 2011, in respect of certain equity and liabilities on banks balance sheets.

The purpose of the Bank Levy is to ensure that the banking sector makes a fair contribution, which reflects the [...]


       Posted on November 2nd, 2010

HMT Draft Legislation on Bank Levy

In the June 2010 Budget the Chancellor announced the government’s intention to introduce a Bank Levy, effective from 1 January 2011, in respect of certain equity and liabilities on banks balance sheets. The purpose of the Bank Levy is to ensure that the banking sector makes a fair contribution, which reflects the risks [...]


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