Figures yet to show to full impact of changes to non-dom status
Official tax figures are yet to show to full extent of the Labour government’s abolition of the non-dom regime and the subsequent incorporation of global assets into inheritance tax liabilities. The number of non-dom taxpayers in the UK dipped last year. There were about 73,700 people claiming non-domiciled tax status in the year ending in […]
Home improvements driving later life lending
Home improvements are driving activity in the equity release market with half of home owners using it to fund home improvements; and a falling number using it to pay off debts. The use of equity release to support quality-of-life spending and family priorities is increasing according to Legal and General (L&G), with far fewer turning […]