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The latest
News and insights from the private wealth industry
UK
The Cost of Targeting Wealth: Risks for the UK Economy
by Menzies LLP
Why the Wealthy Rely on Independent Valuers: 10 Strategic Reasons
By Mason Valuation Consultants
Red Book Valuations: Strengthening Tax Positions with Evidential Clarity
by Justin Mason of Mason Valuation Consultants
So the UK tax rules have changed: what does this mean for US people?
Since 6 April 2025, the UK tax rules relating to those who were previously known as “non-doms” have been totally re-written.
In this note, we focus on the impact of the changes for our US-connected clients and outline a few risk areas to keep under review.
To summarise the changes, which took effect from 6 April 2025:
A new four-year special tax regime has been introduced, under which qualifying individuals will be exempt from tax on their foreign income and gai
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