What you need to know pre-April 2017
The recent summer budget saw the announcement that significant changes will be made to the regime for non-domiciled individuals from April 2017 onward. We also saw that further changes will be introduced to the taxation of structures holding UK residential property.
The ramifications for both clients and their advisers cannot be underestimated. The window for clients to seek advice and potentially restructure their affairs in advance of the changes is limited but, the opportunity does exist.
Edwin Coe’s experienced tax team will be discussing the impending changes, what it means for clients, and what opportunities still exist. They will also be available to address any specific concerns or issues you might have.
- The 15 year rule change
- Excluded property trust structures
- Use of life assurance
- Temporary non-residence planning
- Revisions to the residential property regime
- Double Taxation Agreements
- The widening of the scope of Inheritance Tax.
Frank joined Edwin Coe as a partner in 2012. He leads the Tax Services team which specialises in advising clients who are subjected to challenges by the tax authorities, as well as advising high-net-worth clients and families wishing to ensure that their tax affairs are suitable for their needs.
Frank has more than 20 years’ experience in tax dispute matters and is an experienced tax dispute resolution practitioner. His detailed knowledge of HMRC’s practices and procedures means that he is able to achieve excellent settlement terms for clients.
Frank is recognised as one of the leading practitioners in this specialised field and works closely with other members of the Private Client Group to offer a comprehensive service to private clients.
Hetal is a Senior Associate within the Tax Services team which forms part of Edwin Coe’s Private Client department. She is a qualified Chartered Tax Advisor and achieved distinctions in her ATT qualification.
Hetal has substantial experience in dealing with HMRC investigations, offshore disclosures and providing tax advice to private clients. She has prepared, submitted and negotiated the settlement of numerous cases via the New Disclosure Opportunity, the Liechtenstein Disclosure Facility and other targeted industry or income specific Voluntary Disclosure Facilities, such as the Let Property Campaign.
Hetal’s technical skills and experience allow her to identify tax-efficient planning opportunities for clients as part of the process of assisting clients to regularise their tax affairs. She takes time to get to know clients, their needs and objectives, and ensures they receive high-quality, tailored advice. Clients appreciate her ability to explain complex issues with clarity and she is frequently introduced to clients via offshore financial institutions.