Private client news
Dividend Tax Changes for Business Owners: What You Need to Know
jmb@hawsons.co.uk Property income tax changes and savings income tax changes are also on the way from April 2027. Here is how they fit together and what to consider now. At the 2025 Autumn Budget, the UK Government confirmed changes to dividend tax rates that will...
Spring Statement Summary 2026
sac@hawsons.co.uk aaronhemmington@hawsons.co.uk The Chancellor held the Spring Statement on 3 March 2026. The government has been keen to have only one tax event per year (the Budget) and so the Spring Statement was intended to provide an interim update on the economy...
Using Discretionary Discounted Gift Trusts to Navigate the 2027 Pension Reforms
Reducing Your Estate Whilst Keeping an Income If you’ve been preserving your pension to pass on wealth tax efficiently, the 2027 pension reforms may have caused concern. From April 2027, remaining pension funds will no longer automatically sit outside your estate...
Autumn Budget Summary 2025
sac@hawsons.co.uk aaronhemmington@hawsons.co.uk Autumn Budget 2025 SummaryChancellor of the Exchequer Rachel Reeves set out tax-raising measures worth up to £26 billion in the Autumn Budget on 26 November 2025. The increases will be achieved through a range of...
Inheritance Tax Pension Changes: How to prepare for 6 April 2027?
The government has announced a significant shift in the inheritance tax on pensions, with new rules set to take effect from 6 April 2027. These changes will alter the inheritance tax treatment of pension savings and could have a notable impact on estate and financial...
UK Non-Domiciled Tax Status Update: The New FIG Regime Explained
The Removal of the Remittance Basis of Taxation From 6 April 2008, individuals who were UK residents, but non-domiciled (‘non-doms’), had the option to be taxed on a ‘remittance’ basis. Under these rules, foreign income and gains were not taxed in the UK unless they...