United Kingdom: Property Taxes

Andy Burnham's transition from Greater Manchester mayor to Prime Minister brings a distinctive "Manchesterism" approach to UK governance, promising sweeping reforms across housing, infrastructure, and regional devolution. His 10-year mission platform emphasizes long-term investment horizons, decentralized funding, and public-private partnerships that could fundamentally reshape the UK real estate landscape.

For many of our clients, the next twelve months will be a turning point in how they think about passing on wealth. The nil-rate band remains frozen at £325,000, with the residence nil-rate band fixed at £175,000 until at least April 2031. From April 2026, 100% agricultural and business property relief has been capped at £1 million of combined value and from 6 April 2027 most unused pension funds will be brought into the scope of inheritance tax for the first time.

Starting a business is an exciting milestone. Yet while many entrepreneurs focus on their product, service, or big idea, the reality is that building a successful business requires much more than simply generating sales.

While most observers see only the finished vessel, the construction and delivery of a superyacht is a highly complex, multi-year undertaking. It demands significant capital investment, detailed consideration of legal and ownership structuring, and seamless coordination across multiple stakeholders.

If you already have a Will in your country of residence covering your worldwide assets, it is understandable to assume that your affairs are fully in order.

It is February 2026 and two people are sitting at the departure gate at Heathrow waiting for their (inevitably) delayed flight to the Bahamas. They start a conversation about why they are heading to this Caribbean island.

It is important that UK inheritance tax is taken into careful consideration, in particular by individuals who have assets in the UK.

Value-Added Tax (VAT) is a key component of Portugal's tax system.

Significant changes were introduced to the UK's tax rules for non-domiciled individuals from 6 April 2025. The remittance basis for non-UK domiciled individuals has been replaced with a residency-based system.