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Ian Marlow
The tax regime for non-UK domiciled taxpayers is about to change very signficantly. Reporting for the 2024/25 tax year will be the same as previously but the summary below shows the changes from April 6 2025. Here is a summary of the non-dom tax changes announced by the government. The new Foreign Income and Gains (FIG)...
John Ditchfield
Whether you’re looking to reduce your tax burden or plan for your long-term financial health, Harmonic Financial Planning can help you with a tailored plan. Keep it in the family: Allowances like spousal transfers and Junior ISAs can help reduce your tax bill this year. As the April 5th end-of-tax-year deadline approaches, January offers the perfect opportunity to...
Summary The long awaited, much anticipated and dreaded first Budgetof the new Labour government was delivered to Parliament today – 30 October2024 – by the Chancellor, Rachel Reeves. We now know where the funds will come from to financeinvestment and growth, and the vaunted tax increases are no longer speculative,we have the detail. The impact of the proposed...