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VAT on school fees and the Family Courts

VAT on school fees and the Family Courts

The Labour Party has confirmed its intention, if elected, to levy 20% VAT on independent school fees. Few schools are likely to be able to absorb this additional expense. With household budgets already stretched, many families will be grappling with issues of...
The Death of Domicile

The Death of Domicile

Yesterday,  UK Chancellor Jeremy Hunt stole the Labour party’s thunder by announcing the abolition of the non-domicile regime from 6 April 2025. It will be replaced it with a transitional residence scheme.  This will effectively scrap the concept of domicile...
Non-dom changes: a little more clarity?

Non-dom changes: a little more clarity?

We recently asked whether the end is nigh for the non-domiciled tax regime if the Labour party form a UK government later this year. Labour MP and Shadow Business Secretary Jonathan Reynolds shed a little more light on the matter in a recent interview with the FT. So,...