skip to Main Content
Call us on: 01604 60 95 60

Tax Take Leaps Following Investigations of Wealthy

PLEASE NOTE: Information in this article is correct at the time of publication, please contact DFA Law for current advice on older articles.

Charities will soon be able to take advantage of a new type of corporate vehicle that will lift the current burden of dual regulation

Complex avoidance schemes and the use of non-resident income sources have been subject to sustained attack by HMRC and this is expected to continue, with the UK tax authorities increasing information sharing with those of foreign countries and requiring disclosure of foreign accounts.

HMRC will also be looking forward to reaping additional income as the Court of Appeal has rejected the argument put forward by a wealthy Seychelles resident, finding that even though for many years he spent fewer than 91 days in the UK (and thus, in his view, maintained non-resident status), his residence for tax purposes was his home in Oxfordshire.

Call us now on Northampton (01604) 609560 for more information
or email us at

Back To Top