United Kingdom: Tax Authorities

The most significant change is the introduction of mandatory identity verification for UK company directors and persons with significant control (PSCs) under the Economic Crime and Corporate Transparency Act 2023.

From May 2026, a new mandatory UK registration regime will apply not only to professional tax advisers but also to many in-house tax teams within corporates, asset managers and financial institutions. The broad definition of "tax adviser" means teams supporting group entities, funds, joint ventures or employee tax matters may be caught, even where tax advice is not their primary role. With strict eligibility conditions and significant penalties for non-compliance, organisations should begin assessing their

That section exempts certain foreign government investors (892 Investors) from US tax but, broadly, does not apply to commercial activity.

For businesses, the measures of most interest include changes to business rates, the rates of capital allowances, the capital gains reorganisation anti-avoidance legislation...

When a married couple resides in a civil law jurisdiction, their marital property is typically governed by community property principles – rules that automatically characterize most assets acquired during marriage...

With a plethora of other recent transparency developments – with a focus on the UK's Register of Overseas Entities and the Trust Registration Service (TRS) – private client practitioners might...

Following a consultation paper in June 2023 and draft legislation in July 2025, these changes should come as no surprise to most businesses.

See the latest commentary from our team of tax experts on the UK Autumn Budget 2025 below...

The issue of whether an inpidual working in an overseas country, but for the benefit of an employer/engager in another country, creates a taxable presence...