Monthly Archives:: November 2015

Tax and Lease Extensions

Philip Vickery and Mark Chick recently recorded a podcast for the website Property Battlefield. In this interview with John Savage they discuss the tax implications that may arise if a lease extension is carried out some time after the freehold has been purchased. If you are in a situation where you have purchased the freehold… Read more »

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Are you a Non-Dom owner of UK residential property?

Under current law, individuals domiciled outside the UK (often referred to as “non-doms”) receive favourable treatment for UK tax purposes in several respects.  In particular, they may elect to be taxed on the remittance basis, meaning that non-UK income and gains will only be subject to UK tax if brought into the UK and, in… Read more »

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Changes to EU Succession rules

If you have foreign assets, the new EU Succession Regulation means that a review of your Will could well be in order The new regulation, commonly known as Brussels IV, which came into force this summer, has been designed to simplify succession issues rules for residents of the EU. We have summarised it here but… Read more »

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