Originally broadcast on Tuesday, May 8, 2012 - 12:30

In the 2012 Budget, the Chancellor confirmed his commitment to the statutory residence test which will be introduced in April 2013. He has also made significant changes to taxation of non-domiciled individuals which are more imminent. From April 2012 the remittance basis charge will rise from £30,000 to £50,000 for individuals resident in the UK for 12 years of more. However, in order to encourage investment into UK businesses, the Government has introduced a new tax relief for foreign income and gains which are brought into the UK for the purposes of commercial investment.

Our eminent speakers will review these changes and analyse what the Budget means for private clients.

This webinar will cover:

• Review of key points
• Practical implications and concerns