Finance Bill (No. 2) 2017

Yesterday (13 July 2017) draft legislation for the second 2017 Finance Bill was published by HMRC. This includes the previously proposed inheritance tax changes in relation to UK residential property held in certain structures and deemed domicile rules. The provisions have been reproduced with only minor drafting amendments and are still stated to take effect from 6 April 2017.

Should you have any queries in relation to the above, please contact Gregory Jones, Darren Anton, or your usual point of contact.

Gregory Jones Image

Gregory Jones
Tax Director
KPMG Gibraltar

Darren Anton

Darren Anton
Tax Director
KPMG Gibraltar