Tag: hmrc
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Offshore Trusts, UK Tax, and the Valesca Louwman Case: What You Need to Know
Offshore trusts have long been a way for wealthy individuals – especially those who move between countries – to manage their money. But as governments crack down on tax avoidance, the rules around these structures have become far more complicated. One recent case, Valesca Louwman v HM Revenue & Customs ([2025] UKFTT 295 (TC)), shines…
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Navigating HMRC’s Deemed Domicile Rules
The UK tax landscape for non-UK domiciled individuals has long been complex – but in 2024 and 2025, HMRC’s scrutiny of non-UK trusts and deemed domiciles has reached new heights. For trustees, professional advisers, and UHNW families, the stakes are higher than ever. With political momentum building towards sweeping reform of the non-dom regime, proactive…