The impact could be as immediate as applying from Budget day (e.g., Capital Gains Tax rate increase and capital payments), 6 April 2025 or a later date, with a combination of these being likely. It is expected that this will be a monumental shift in the UK’s tax landscape for affected individuals and structures, marking the most significant overhaul in this area in decades and replacing the links to ‘domicile’ with a new regime based solely on UK residence.

Our webinar will reflect on the incoming changes and consider next steps for affected individuals and those involved with non-UK resident structures (e.g., non-UK resident trustees) to help identify the areas of interest or concern and navigate these new rules. Our webinar, held in the weeks following the budget, will reflect on the incoming changes and will consider next steps to protect you, your family, business and assets.