Overall, and in conclusion, it is fair to say that being a UK Non-Domiciled employee is far from being the ‘free holiday’ that it is often popularly reported and the pitfalls and minefields are there for employers and professional advisors alike, as well as the individuals themselves.
UK Non-Domiciles – a Very Taxing Problem
Published on 24th June 2015
The Revenue allow a deduction for wear and tear where the property is let with sufficient furniture and furnishings for normal residential use. A second hand bed and a sofa would near enough achieve that goal.
A Trip to Ikea? The withdrawal of the renewals basis and merits of furnishing a let property
Published on 24th June 2015
He doesn't just look to give them the answers but actively seeks to help them work smarter and become more self-sufficient
Partnership for Matt Cook
Published on 1st June 2015
This means that the production of plays, operas, musicals, and potentially even circuses can all qualify for TTR.
Theatre Tax Relief – A Guide
Published on 10th April 2015
For properties purchased after April 2012, the value used is the purchase price. HMRC have stipulated that the values need to be reassessed every five years so 1 April 2017 will be the next applicable valuation date.
What are the changes to Annual Tax on Enveloped Dwellings (ATED)?
Published on 25th March 2015