News & Comment

2011 Budget Changes to Tax Treatment of Non-Doms

The Budget Speech on 22 March 2011 highlighted some key changes to the tax treatment of UK resident but non-UK domiciled individuals and also provided some long hoped for clarity on the residence rules and on future changes.

The proposed measures which are intended to take effect from 6 April 2012 are as follows:

Citywealth Edition 124

New Quadrant Partners, a multi disciplinary partnership opened its doors for business officially on 1 June. Their first job was to wrestle a shell of a building into a fully functioning office with a deadline of just eight weeks. They have done it and are now ready to take on the private wealth world with a family advisory business which plans to move away from being 'simply a law firm' to offering wider help to wealthy families and uhnw individuals.