Non-doms remain under threat despite Labour defeat

International Adviser: Changing legislation and rising charges will mean that non-doms cannot rest on their laurels following the election of a majority Conservative government in the UK general election last week, warns law firm Stephenson Harwood.

Full story: http://www.international-adviser.com/news/1019461/-doms-remain-threat-despite-labour-defeat

Private client looks a picture of wealth

The Lawyer: Private client issues such as inheritance tax, wills and trusts are top of the political agenda right now, and lawyers should prepare themselves for change.

Full story: http://www.thelawyer.com/analysis/market-analysis/practice-areas/private-client-analysis/private-client-looks-a-picture-of-wealth/3034817.article?

Using pension to dodge IHT could land you tax bill

CityWire: Those planning to avoid inheritance tax by passing on their pensions could find themselves in hot water.

Full story: http://citywire.co.uk/money/using-pension-to-dodge-iht-could-land-you-with-tax-bill/a813400?ref=citywire-money-latest-news-list

Non doms and real estate portfolios: tax liability

Accountancy Live: Non doms need to review their real estate portfolios to mitigate their potential tax liability in a complex tax environment where increasingly the rules are changing and the government is attempting to clamp down on potential abuse.

Full story: https://www.accountancylive.com/non-doms-and-real-estate-portfolios-tax-liability?

Bank chief: Labour victory will spark exodus of wealthy

Daily Telegraph: A Labour government would spark an exodus of wealthy foreign investors and entrepreneurs if Ed Miliband scraps non-domicile rules and introduces a mansion tax, one of Britain’s most prestigious private banks has warned.

Full story: http://www.telegraph.co.uk/finance/newsbysector/banksandfinance/11577830/Bank-chief-Labour-victory-will-spark-exodus-of-wealthy.html

HMRC to take banks to court over tax avoidance on bonuses

CityWire: HM Revenue & Customs (HMRC) is set to take two banks to the Supreme Court over using alleged tax avoidance schemes to avoid paying big tax bills on bonuses for its staff.

Full story: http://citywire.co.uk/new-model-adviser/news/hmrc-to-take-banks-to-court-over-tax-avoidance-on-bonuses/a812766?ref=new-model-adviser-latest-news-list