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2 months ago | 
pwmnet.com | Mike Foster |Ali Al-Enazi |Julie Howard |Elliot Smither
Wealth advisers in the Gulf region, open to innovation and digitally driven financial offerings, are particularly attractive to global players looking for a regional foothold. Global wealth management is on the cusp of transformation, with consolidation emerging as a key trend for 2025. PwC has predicted that one in six wealth managers globally will be acquired or exit by 2027.
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2 months ago | 
pwmnet.com | Ali Al-Enazi |Julie Howard |Ali Alenazi
The Middle East is undergoing profound transformation, with implications for markets, regional stability, and key players’ power dynamics. With the ceasefire in Gaza bringing much-needed respite to one of the Middle East’s key hotspots, regime change in Syria, and the arrival of President Trump, private banks are keeping an eye on what comes next.
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Jan 15, 2025 | 
boodlehatfield.com | Julie Howard
Private Wealth Partner, Julie Howard, provides expert commentary in the Financial Times looking at the following scenario... Q: I moved to the UK from South Africa just before the previous Conservative government’s changes to non-dom tax rules were announced. I have my own business and some offshore trusts and have concerns about when these will begin to be taxed under UK law.
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Sep 9, 2024 | 
pwmnet.com | Sergei Grechkin |Tom McCullough |Alison Ebbage |Julie Howard
Most family offices are not yet implementing effective risk management strategies, but the next generation is likely to have a different approach. In the evolving landscape of 2024, family offices (FOs), which manage the wealth of ultra-high net worth families, are increasingly focused on risk management to preserve generational wealth. Yet, there is a significant gap between interest and actual implementation.
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Sep 4, 2024 | 
pwmnet.com | Tom McCullough |Alison Ebbage |Julie Howard |Ali Al-Enazi
Integrated advice is vital in today’s increasingly complex financial environment, with wealthy families increasingly asking for a unified approach that integrates the ever-expanding array of wealth management options into a coherent strategy. Complexity is growing for families of wealth, beyond the normal complications substantial wealth already brings.
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Sep 2, 2024 | 
boodlehatfield.com | Julie Howard
Julie Howard +44 (0) 20 7079 8139 email Julie View profile Private Wealth Partner, Julie Howard is speaking at the at 8th Annual Cross-Border Considerations for Advisors conference taking place on 4 - 5 September. Julie will present a “Spotlight on the UK: Changes to the Taxation of Non-Domiciled Individuals – Issues for South Africans”, focusing on critical tax changes impacting UK-connected clients.
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Aug 29, 2024 | 
boodlehatfield.com | Julie Howard
The UK’s non-dom regime has attracted HNW individuals from Africa in particular, but with reforms announced by the government earlier this year, greater clarity is needed to mitigate concerns. A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax. In recent years this has been a particularly attractive draw for African high net worth individuals (HNWIs).
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Aug 28, 2024 | 
pwmnet.com | Julie Howard |Philip Best |Ali Al-Enazi |Yuri Bender
The UK’s non-dom regime has attracted HNW individuals from Africa in particular, but with reforms announced by the government earlier this year, greater clarity is needed to mitigate concerns. A key feature of the UK’s favourable non-dom regime has been the remittance basis, which allows offshore income and gains to be outside the scope of UK tax. In recent years this has been a particularly attractive draw for African high net worth individuals (HNWIs).
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Apr 23, 2024 | 
boodlehatfield.com | Julie Howard
In this article Julie Howard looks at how the the proposals to abolish the remittance basis of taxation with a residence-based regime will impact individuals relocating to the UK from Africa. In the previous two articles of her Out of Africa series (see part one and part two), Partner, Julie Howard has considered pre-arrival planning for individuals considering a move to the UK from Africa and then their ongoing UK tax position once they are living in the UK.
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Dec 8, 2023 | 
boodlehatfield.com | Julie Howard
In this article Julie Howard looks at how an individual will be taxed once they are living in the UK on an ongoing basis. This article is the second in a series, the first (here) focused on pre-arrival tax planning for individuals planning a move to the UK from Africa. Living in the UK as a UK resident non-domiciled taxpayerA UK resident non-domiciled individual can claim the remittance basis of taxation.
