In the government’s most recent budget, they announced a major overhaul to the current non-domicile regime, which offers favourable tax treatment to foreign nationals living in the UK. The idea behind the regime is to
Takeaway 1: Abolition of Multiple Dwellings Relief The government has announced that from 1 June 2024, stamp duty land tax Multiple Dwelling Relief (“MDR”) will be abolished. What is MDR? MDR has been available to
New civil penalty rates will apply to those employers who are found to have employed someone without the right to work in the UK. Employers are at risk of a civil penalty if they do
The new yearly rate for those applying for immigration permission to come to or remain in the UK will increase from £624 to £1,035. Foreign entrepreneurs and affected applicants should consider applying ahead of the
Rishi Sunak has intimated in recent weeks that he may scrap inheritance tax in its entirety. By no means the only divisive policy change he has presented at this week’s Conservative Party Conference, but certainly
Druces Private Wealth We have a strong multi-disciplinary Construction team that provides advice and assistance to a wide range of owners, developers, contractors, specialist subcontractors and consultants across the construction and engineering sector. The team
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