News

07.04.2014 - Capital gains tax charge for non-residents on property in the UK

Recently a consultation document was issued by HMRC on proposals to charge Non-resident individuals capital gains tax on residential property situated in the UK.  The consultation is open until 20 June and the results will be known shortly after.

There are lots of questions still to answered, such as at what rate will the tax be charged? Will exemptions and reliefs which are available to UK residents be available to non-residents? 

No action can be taken until the document is released and the legislation is put in place but it is proposed to instigate the tax charge with effect for 5 April 201...

02.04.2014 - Annual Chargeable Amounts

Further to introduction of ATED on "enveloped dwellings" which worth more than £ 2 mln, we would like to bring you latest update on this matter and advise that the annual chargeable amounts for ATED are increased each year in line with the Consumer Prices Index (CPI). You must ensure that you calculate your liability based on the correct charges before filing your return as they are subject to change.

Budget 2014 announced a reduction in the threshold from £2 million to £500,000 to be introduced over 2 years. From 1 April 2015 a new band will come into effect for properties with a value greate...

30.03.2014 - Home Affairs Committee recommends that the Home Office suspend Tier 1 (Investor) visa

Following on from the Migration Advisory Committee’s (MAC) report on the Tier 1 (Investor) route that was published in February 2014, the Home Affairs Committee, a Committee of the House of Commons in Parliament, whose role includes to examine the policy of the Home Office, has recommended that the Home Office should suspend the Tier 1 (Investor) visa route until the Government has considered the options contained within the MAC report.

At present this is only a recommendation and it is unlikely that the Home Office would suspend the route as there is no suggestion in the report that the Tier ...

24.03.2014 - Changes to visa centres

The UK Government is in the process of changing their visa and passport service provider, VFS.GLOBAL, to a new provider, Teleperformance, for certain countries.

During this process there will be a change of websites and addresses for the Visa Application Centre’s, however there should be no delay to any applications during this changeover process and all is working. 

18.03.2014 - New provider of visa services/VAC's in Russia

VFS.GLOBAL, the UK government’s provider of visa and passport services in Russia and who also service the Russian Visa Application Centres , will no longer provide their services from the end of this month.

The Visa Application Centres and the visa and passport services will then instead be provided by a different provider, Teleperformance. Visa applications will be submitted online as usual during the change of providers, as will the booking of visa appointments online.

 

Moscow

Address

UK Visa Application Centre 

Delta Plaza, Bldg 1

2nd Syromyatnichesky Lane

Moscow, Russia

 

 

Novosibirsk

A...

18.03.2014 - Budget 2014

On 19th of March 2014 the chancellor George Osborne delivered a new 2014 Budget and we would like to provide you with quick overview of key changes which were set up in this budget. 

The key changes

• Level at which people start paying income tax to be increased to £10,500.

• Cash and shares Isas to be merged into single New Isa with £15,000 annual limit.

• All restrictions on access to pension pots to be removed, ending the requirement to buy an annuity.

• New Pensioner Bond available from January.

• Beer duty cut by 1p a pint while duty on spirits, whisky and ordinary cider is frozen. Tobacc...

12.03.2014 - New Statement of Changes to the Immigration Rules (2014)

This week the minister for Immigration and Security, James Brokenshire, announced a new Statement of Changes to the Immigration Rules. Minister James Brokenshire explained the reason for the new changes as ‘the government is making a package of changes to Points-Based System work routes to improve flexibility for applicants and help to boost economic growth.’ Please find below a brief summary of the changes:

  • Tier 2 migrants can be granted leave for up to five years, rather than three years at present;
  • Tier 1 (Graduate Entrepreneur) route will be made simpler, the restriction of some p...

25.02.2014 - Former UKBA Executive Director in Crown Court accused of criminal activity whilst in public office

A former UKBA executive director is in court this week accused of illegally accessing sensitive information about vulnerable immigrants during her time at the UKBA and passing this confidential data to her boyfriend, who is alleged to  have used this information to defraud immigrants and posing as a solicitor.

This case at the crown court comes just two weeks after Immigration Minister Mark Harper resigned, as he had employed a cleaner who did not have permission to work in the UK.

The former UKBA executive director who worked in the Case Resolution and Criminal Casework Directorate at the Hom...

23.02.2014 - Tier 1 (Investor) - update

The Migration Advisory Committee has today published their long awaited report on the Tier 1 (Investor) route investment thresholds and economic benefits.

In their report they have made a number of recommendations to changing the current Tier 1 (Investor) requirements. At present they are only recommendations and will need to be considered by Government. However, it is highly likely that the Tier 1 (Investor) route rules will be changed in the coming months.

The recommendations are as follows:

Minimum investment threshold

  • That the minimum £1 million threshold be increased to £2 million;
  • That ...

12.02.2014 - Concession for Syrian nationals

On the 13 February 2014 the Government has prolonged the immigration concession for Syrian nationals for another year, until 28 February 2015.

This concession offers to Syrian nationals who are in the UK on a visa more ways to extend their stay in the UK.

For those Syrian nationals who are in the UK on a visa for a limited period it can be extended for the same length of time. Also under this concession the Syrian nationals may apply to switch from inside the UK. They cannot switch into any settlement routes.

You can contact us regarding the details of the concession and exceptions.

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