Our site uses cookies

I agree Our site saves small pieces of text information, called “cookies” on your device. Find out more in our cookie policy. You can disable the usage of cookies by changing the settings of your browser. By continuing to browse the site you are agreeing to our use of cookies.

Why it makes sense for wealthy Scots to move south

Income tax has now joined the list of things – along with banknotes, the number of King Jameses, and whether sheep’s lung is an acceptable dinner ingredient – that Scotland treats slightly differently to England and Wales. As of the start of the new tax year last Friday, a new 'progressive' system has been adopted which will diverge from the rest of the UK’s for the first time since the 1707 Acts of Union, writes Daniel Bentley-White.

To read more, go to Spear's Wealth Management magazine.

Related Expertise

Arriving in or leaving the UK Immigration

Related in brief posts

Why rich buyers might get snookered by stamp duty, again

The proposed stamp duty surcharge might pose more problems for foreign investors.

"Deal or no deal" The Implications of Brexit for Private Clients

After the Brexit Referendum, we published a note identifying areas of interest for private clients. We revisit those topics and consider the possible implications in a deal/no-deal scenario.

Requirement to Correct

The Requirement to Correct (RTC) provisions require taxpayers with outstanding UK tax liabilities existing at 5 April 2017 relating to offshore interests, to come forward to correct their filing and tax position before 30 September 2018.