On July 1, 2026, the Qualified Opportunity Zones (QOZs) 2.0 nomination process formally kicked off. The process requires governors of each state and U.S. territory to nominate low-income census tracts to be certified as ...
With the new 2026-2027 tax year about to start on 6 April, GMcG Chartered Accountants’ experienced tax team is busy helping clients across all sectors to understand the potential tax savings that can come with the righ ...
Let’s face it – as a business owner, your time is a precious commodity. You’ve got a business to run and grow, and your time is not best served brushing up on the latest business accounting rules and regulations. ...
With speculation continuing over the future direction of the Labour Party, many individuals and business owners are understandably asking what an Andy Burnham government could mean for the UK tax system.
While there has ...
Trust Taxation – the saga continues...The Federal Government have finally released their consultation in relation to the proposed minimum tax to be imposed on trusts (discretionary trusts) that was originally flagged i ...
Author: Saadia Javed, Senior Associate
Understanding the new long-term UK resident rules
With the UK domicile rules now replaced with the long-term UK resident test for inheritance tax purposes, clients need to ensure ...
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