Blog
Foreign Branch Exemption reform: what UK businesses operating overseas need to know
If your business operates through overseas branches, or you are based outside the UK and have a permanent establishment here, recent announcements regarding Foreign Branch Exemption from the UK Government could have a direct impact on how your profits and losses are...
Unassessed Transfer Pricing Profits: Replacing Diverted Profits Tax
From January 2026, the Unassessed Transfer Pricing Profits (UTTP) rules replace Diverted Profit Tax (DPT). Introduced in 2015 as a deliberate deterrent, DPT was a controversial 25% charge targeted businesses that used artificial arrangements to shift profits out of...
Expanding Into the Far East? Here’s What UK Businesses Need to Know Before They Trade
The Far East represents one of the most exciting and fastest-growing commercial opportunities available to UK businesses today. But with opportunity comes complexity. Trading overseas, particularly in the Far East, introduces a range of legal, financial, and tax...
New Renters’ Rights Bill: A Step Toward Better Protections for Tenants
In line with a recent promise made in The King’s Speech, the Renters' Rights Bill aims to strengthen tenant protections and enhance rental rights in the UK. This new legislation expands on the existing Renters Reform Bill, incorporating additional measures to create a...
The Employment (Allocation of Tips) Act 2023
The Employment (Allocation of Tips) Act 2023 is a significant step forward in ensuring fair and transparent tipping practices across the UK. Initially set to be launched on 1 July 2024, its implementation has now been pushed to 1 October 2024. This new legislation...
Capital Gains Tax: What’s changed in CGT?
There continue to be significant changes to the already complex Capital Gains Tax (CGT) rules. Capital Gains Tax explained CGT applies where you dispose of particular capital assets at a profit. The rates charged depend on your level of income and the type of...
Changes to the taxation of non-UK domiciled individuals
In the recent Budget, chancellor Jeremy Hunt announced significant changes in the UK’s taxation of UK resident non-domiciled individuals, often referred to as “non-doms”.