United Kingdom: Income Tax

In addition to the public benefit that comes with it, charitable giving can be a strategic element of personal tax planning. Understanding the intricacies of UK tax rules is, however...

Both dates mark the entering into force of a range of new legislative provisions. Most of these provisions are contained in the Finance Act 2026 (which received Royal Assent on 18 March 2026).

UK immigration rules require a British citizen or settled person sponsoring a foreign spouse/partner to meet a minimum income requirement. As of 11 April 2024, this threshold is £29,000 per year...

Lending money to employees and directors can help them buy a season ticket, buy shares in the company or pay a tax bill.

All payments in lieu of notice (PILONs) are subject to income tax and national insurance contributions (NICs) in full.

Prior to the Autumn Budget there had been speculation about the possibility of an overhaul of UK real estate taxes.

HMRC has proposed sweeping new reporting requirements for close companies that would mandate detailed disclosure of all transactions with participators, extending far beyond the current framework which only captures loans triggering tax charges. The consultation raises critical questions about the burden on privately-owned groups and private equity structures, where intra-group transactions could generate extensive reporting obligations despite no underlying tax liability.

The UK Budget's rise in property income tax, combined with the continued freeze on income tax thresholds, will significantly tighten margins for landlords...

The Government's proposed earned settlement model includes a range of minimum mandatory requirements. These include stricter suitability checks, higher English language standards, and income thresholds.