Owen Smith pledges to introduce wealth tax

ICAEW: Labour leadership candidate Owen Smith has pledged to create a new wealth tax on the richest 1% in Britain, in a bid to fund the NHS and tackle inequality.

Full story: http://economia.icaew.com/news/july-2016/labours-owen-smith-pledges-to-introduce-wealth-tax

Private equity platform HgCapital acquires Blick Rothenberg

Accountancy Age: Accountancy firm Blick Rothenberg has been acquired by private equity platform HgCapital. Under the deal, Blick Rothernberg will sit within HgCapital’s Services sector but will retain its name and way of doing business.

Full story: https://www.accountancyage.com/2016/07/26/private-equity-platform-hgcapital-aquires-blick-rothenberg/

Nearly 40 per cent of non-doms are considering leaving UK, according to top accountancy firm

CityAM: Top ten accountancy firm Moore Stephens has found that 37 per cent of non-doms are considering leaving, with 64 per cent citing changes to their tax status as a reason for considering such a move.

Full story: http://www.cityam.com/246054/nearly-40-per-cent-non-doms-considering-leaving-uk

New inheritance tax 'penalises 28,000 for dying early'

Daily Telegraph: Nearly 30,000 families paying inheritance tax in the two years from April 2015 should be compensated because the Government has taken too long to implement changes, campaigners have said.

Full story: http://www.telegraph.co.uk/news/2016/07/26/new-inheritance-tax-penalises-28000-for-dying-early/

Mishcon Private appoints new Partner

Mischon: Mishcon de Reya has today announced the appointment of Private Client Partner, Martin Davies, who joins from Clyde & Co where he was a Partner for six years. Martin joins the firm on 18 July 2016.

Full story: http://www.mishcon.com/news/firm_news/mishcon_private_appoints_new_partner_07_2016

Int’l IFA group urges UK government to delay non-dom reform

International Adviser: Boston Multi Family Office (BMFO), an Isle of Man-based tax advisory firm with offices in Malta and Dubai, has called on the incoming chancellor Philip Hammond to delay tax reforms governing non-UK domiciles.

Full story: http://www.international-adviser.com/news/1030487/int-ifa-urges-uk-government-delay-dom-reform