Events - Event View

The speakers will provide an update on reforms to the UK’s tax system for Non-Domiciled individuals, initiated in April 2025. They will reflect on the overall effectiveness of this UK replacement regime. The session will also consider the current status of the UK as a destination for Americans, setting out the circumstances in which it remains a good/viable option, and will run through some of the frequent tax and other issues that arise. The session will also look forward to another UK fiscal event transpiring in November 2025, and what further changes might be expected. There will also be a discussion of what the outlook for the UK is generally in a world of increasing uncertainty.

The session will cover:

• Abolition of the Non-Dom regime
• Replacement Foreign Income and Gains (FIG) regime
• Inheritance tax and trust tax issues for Americans with UK connections
• Opportunities and challenges for US/UK clients
• Outlook for the UK going forward

Chris Moorcroft, Partner at Harbottle & Lewis LLP, is a private client advisor to individuals, families, and trustees. He helps clients transfer wealth between generations, protect their wealth from third parties, plan for death or incapacity, and manage complex cross-border tax and legal issues. He has significant experience acting for trustees in international disputes and also conducts the administration of estates which are the subject of dispute. He advises on will planning and probate, particularly those which involve multiple jurisdictions, and acts as executor and administrator of estates. He advises international and UK domestic clients with particular focus on US-connected clients and those from LATAM and Africa. He is a member of STEP.

Graeme Privett joined HaysMac as a Private Client Tax Partner in May 2025. He was previously a Partner for more than 11 years with another London-based accounting firm where he established their UK/US tax practice. Graeme is an Associate of the Chartered Institute of Taxation (CIOT) and the Association of Taxation Technicians (ATT). He also serves as a Trustee for the Benedetti Foundation, a music education charity. He is a member of STEP.