From 6 April 2023 married couples and civil partners who are divorcing will no longer need to settle their estates within the current short window of the tax year in which they separate, known as ‘the year of permanent separation’.
With the recent uproar over Akshata Murthy’s tax status in the UK and her decision not to elect the remittance basis of taxation going forwards, we thought it would be interesting to do a round-up of some of the tax incentives offered across Europe to individuals relocating who have previously been non-resident in the territory in question.
Submitted by
Sestini & Co | on Wed, 02/09/2022 - 11:43 | In
Tax planning and pensions IRS reportedly has a backlog of more than 6 million unprocessed tax returns, even though the return payments associated with these tax returns have been processed. Here’s what to do if you receive a ‘failure to return’ notice.
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Sestini & Co | on Mon, 11/01/2021 - 9:19 | In
Budget,
Pensions,
Tax planning and pensions Chancellor Rishi Sunak in the 27th October Budget freely acknowledged that taxes are at their highest for 70 years, but pledged to cut them against a backdrop of positive news from the OBR calculating that the economy will hit pre-Covid levels by the end of 2021, and that the economy is expected to grow by 6% in 2022.
“By the end of this Parliament, I want taxes to be going down not up,” he said.
We’ve highlighted below key tax points from [- -]
Many US taxpayers are experiencing significant delays to tax refunds during this year’s filing season. Our staff can file and liaise with the IRS on your behalf, helping to make the process much smoother.
If you’re a non-dom or not resident in the UK and are making direct or indirect disposals of UK property or land, you need to tell HMRC about Capital Gains Tax, read our blog to find out more.
Highlights of a recent panel discussion on understanding the UK property market, navigating tax obligations, exploring ways to purchase property using funds from New Zealand.
Key personal and corporate tax implications from the March 2021 Budget announcement, highlighted by Sestini &. Co Group Managing Director, Rachel Sestini.
Submitted by
Sestini & Co | on Sat, 12/19/2020 - 19:50 | In
Tax planning and pensions When it comes to company cars, a familiar refrain is that they create more personal tax liability than they save. This is because employees with company cars are liable to pay Benefit in Kind (BiK) tax.
As leader of fast-growing Sestini & Co Group of tax consultancy, accountancy and pensions companies, our managing director, Rachel Sestini, recently gave her views to Financial Accountant magazine and the Total Guide to Bath.
