UK introduces “PSC Register”

From 6 April 2016, most UK companies and LLPs will be required to keep a “PSC Register” in which they list “People with Significant Control”, People with significant control are mostly individuals who have significant control over the company or LLP, because they directly or indirectly own more than 25% of the shares ; directly or indirectly hold more than 25% …

UK 2014 Autumn Statement

On 3 December 2014, the Chancellor delivered his 2014 Autumn Statement. There are some unpleasant surprises for non residents who will have to pay Capital Gains Tax on residential property. Capital Gains Tax for Non-Residents Owning UK Residential Property Non-residents who own residential property in the UK will be liable to Capital Gains Tax. The charge will apply to disposals …