Private Client Briefing - Summer 2016
Welcome to our Private Client Briefing. In last Summer’s issue I referred to the “Emergency Budget” we had. This year, in the lead up to the “Brexit” referendum, we were advised by the then Chancellor that should we vote to leave the EU, there would need to be another “Emergency Budget” this year. Nothing further has been mentioned but watch this space!
There has been a “policy purdah” because of the London Mayoral election and the “Brexit” referendum resulting in a lengthy period where no draft legislation was issued.
We now have the Finance Bills but there has still been a significant delay in enacting the legislation.
The draft legislation detailing changes for non-UK domiciled taxpayers has recently been published.
If you have any feedback on this edition of the Private Client Briefing, or wish to discuss any of the matters raised, please contact Nigel Landsman.
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