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
Rachel Sestini | on Wed, 03/23/2022 - 15:02 | In
Budget,
HMRC,
National Insurance Rishi Sunak’s tax reforms as set out in the 2022 Spring statement including NIC aligment and employers NI allowance
Submitted by
Sestini & Co | on Tue, 11/30/2021 - 9:01 | In
international tax,
non-dom The 2022 Budget and Tax bill in the USA, aka the Build Back Better Act, calls for nearly $2 trillion in tax increases on corporations and the “super rich”, although Biden has vowed not to raise direct taxes on people earning $400,000 or less.
As well as tax proposals, it includes provision for substantive sums to fight climate change, universal preschool, child tax credits, 4 weeks of paid leave, healthcare spending, affordable home care, and affordable housing.
The Bill also includes suspension [- -]
Submitted by
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.
Submitted by
Sestini & Co | on Wed, 05/19/2021 - 10:54 | In
job vacancies A fantastic opportunity for a part time corporate compliance manager to join Sestini & Co, a busy tax practice in Paulton, between Bath and Bristol.
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.
Submitted by
Sestini & Co | on Mon, 04/06/2020 - 11:03 | In
HMRC,
Self Assessment,
VAT Finding out which measures apply to you can be confusing. That’s why we’ve developed a number of case studies and a flow chart to show which reliefs different business set-ups can claim.
Sestini & Co’s top 9 measures for personal, business and employment from the March 2020 Budget.
