Tax Aware

Following a very eventful period of tax changes, this issue covers a high level summary of the recent non-domiciled tax changes, the recent VAT tribunal decision on crisps, the upcoming inheritance tax changes to Business Property Relief (BPR) and Agricultural Property Relief (APR), the futureproofing benefits of using a personal holding company in preparation for the sale of a UK business, a case update on the fundamental conflict between the right to privacy versus the Automatic Exchange of Information and a summary of US/UK tax considerations for US/UK investors. In this Issue, we have also brought back our popular Tax Aware FAQ, this time answering the commonly asked question of whether a UK leaver should sell or rent their residential properties.