Press Releases

HMRC confirms no trust protection for offshore income gains

In April 2017 significant changes were made to the way in which UK resident but non-UK domiciled individuals (“non-doms”) are taxed in the UK. Broadly, non doms who have been resident in the UK for 15 of the previous 20 tax years are now taxable in the UK on their worldwide income and gains, as well and to inheritance tax on their worldwide assets. The changes to the income tax and capital gains tax rules would, without specific legislation in place, ... Read More

Budget 2018 – summary of key tax announcements

The Chancellor of the Exchequer today announced his final post-Brexit budget. From a personal tax perspective, the Budget contained a number of small changes to existing rules and confirmation of policies already announced but not much new of major significance. As expected, the key announcement in terms of business taxation is the introduction of a Digital Services Tax on very large businesses and partial relief from business rates at the other end of the scale. The key issues are summarised as follows: Rates and ... Read More

TAP Grows Corporate Tax Team

Tax Advisory Partnership (“TAP”), the specialist tax services firm with offices in Leeds and London, is set for further significant growth in its corporate tax advisory business following a number of recent new appointments. TAP has appointed Helen Mallalieu to the corporate tax team to work alongside Leeds Office partner Russ Cahill servicing their expanding network of regional and national clients. They have also teamed up with consultant Gillian Abramson to provide advice on Innovation Reliefs, such as Research and ... Read More

TAP continues expansion

The fast growing Tax Advisory Partnership has made a hat-trick of announcements in the space of less than a week. TAP, which has just celebrated its third anniversary in London, has opened its second office, based at Thorpe Park, near Leeds. This coincides with the appointment of Paul Spenceley as Tax Consultant, specialising in advising companies on all aspects of employment taxes. Paul spent 25 years at Deloitte before joining his former colleagues at TAP. Russ Cahill, Partner in charge of ... Read More