UK Tax Planning Webinar: Post-Budget Impact Assessment
The Directors of Sovereign invited you to attend a UK Tax Planning Webinar: Post-Budget Impact Assessment
When: Thursday 21st November
Time: 9am UK time
View the webinar here.
Link to presentation slides. Download here.
In her first Budget, UK Chancellor Rachel Reeves confirmed the abolition of the remittance basis of taxation for non-domiciled UK residents (non-doms) from 6 April 2025, as well as substantially curtailing the current protections for non-UK assets held by non-doms from UK inheritance tax (IHT).
Join Sovereign for a three part update Webinar covering the following:
Part 1: Overview of key tax changes following the publication of the detailed proposals expected on or around Budget Day.
These will include:
- Abolition of remittance basis of taxation
- Replacement with new foreign income and gains (FIG) regime
- Overhaul of Inheritance Tax (IHT)
We will also flag any measures that were effective from Budget Day and other key changes in the pipeline.
Part 2: Impact Assessment on Existing Structures
- Excluded Property Trust (EPT)
- Qualifying Non-UK Pension Scheme (QNUPS)
- Family Investment Company (FIC)
Part 3: Potential Planning and Restructuring
- How to re-structure those structures impacted by the Budget.
- Most tax efficient new structuring
- Becoming non-UK resident: where to go next?
Speakers
Simon Denton
Managing Director Sovereign (UK) Limited
Laurence Lancaster
Barrister-at-law, Group Head of Tax
