The Autumn Budget & the Implications on Tax & High Net Worth Divorce
Introduction
The 2024 Autumn Budget provided a significant number of tax changes affecting multiple areas of family life, particularly those for international individuals.
Where those individuals are currently undertaking divorce proceedings this webinar aims to highlight the key areas that may need reconsideration in light of those immediate and upcoming changes.
What You Will Learn
This webinar will cover the following:
- The change to the rates of capital gains tax
- Divorce and the family business - setting out the implications where one party may be forced to exit their interest
- Divorce and the non-UK domicile - addressing the future options for non-UK domiciles who need to remit offshore monies into the UK to fund a settlement
- Divorce and offshore trusts - how the loss of protected trust status and excluded property status may affect a divorce settlement from a tax perspective
This webinar was recorded on 18th November 2024
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