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Proskauer Rose LLP

UK Tax Round Up - July 2025

Proskauer Rose LLP on

Welcome to July’s edition of our UK Tax Round Up. Apart from the draft legislation and accompanying material released on 21 July as part of “L-Day” (legislation day), July was a fairly quiet month for UK tax developments....more

Hogan Lovells

UK Pensions and Inheritance Tax (IHT): Revised Policy from HMRC

Hogan Lovells on

HMRC has taken on board concerns from the pensions industry about its previous proposals for bringing many pension death benefits within the scope of inheritance tax (IHT). On 21 July 2025, HMRC issued a Policy Paper and...more

Mayer Brown

Inheritance Tax on Pension Death Benefits – Revised Proposals

Mayer Brown on

The government has responded to its consultation on its proposal that from 6 April 2027, most death benefits paid from registered pension schemes (whether DB or DC) will form part of the deceased member’s estate for...more

McDermott Will & Schulte

UK Government Announce Abolition of UK Non-Dom Tax Status and Changes to Come for Inheritance Tax

McDermott Will & Schulte on

On 6 March 2024, the UK government announced the planned abolition of the remittance basis of taxation for UK resident non-domiciliaries from 6 April 2025 onwards for foreign income and gains (FIG). This will be replaced with...more

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