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The introduction of the new tax residency test has been delayed until April 2013.
Tip: If you rely on current practice to determine your residency status for tax purposes, you should review your affairs over the next 12 months
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From April 2012 for a non UK domicile person who has been resident in the UK for 12 or more years, the annual levy will increase to £50,000.
Tip: If you are a non dom, review whether the remittance basis or annual levy is most tax efficient
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From April 2012. the number of days for which the furnished holiday lettings should be available for letting will increase from 140 days to 210 days and the number of days for which the property is actually let will increase from 70 days to 105 days.
Tip: Take action now to ensure that you will continue to benefit from this special tax status from April