27 May 2026
UK tax implications of working abroad
Domicile. Residency. Double taxation. The tax impacts that you need to know about working or living abroad.
Learn more
UK tax implications of working abroadInsider: October 2022
Kwasi Kwarteng has announced the biggest bundle of tax cuts since 1972 in his first fiscal statement as Chancellor. Income tax, corporation tax and stamp duty make up the majority of the most significant cuts in a bid to promote growth within the economy.
The basic rate of income tax will decrease by 1% to 19% from April 2023, and the 45% additional rate for top earners will be
scrapped altogether. The stamp duty threshold for house-buyers in England and
Northern Ireland will be doubled from £125,000 to £250,000, and first-time buyers will not pay stamp duty on homes worth £425,000.
The Chancellor estimated that the energy bill relief scheme, announced earlier in September, would be worth more than £60bn over the next six months from October.
As anticipated, the Government is reversing the 1.25% percentage point increase in National Insurance, effective immediately. The planned rise in corporation tax will also be scrapped, along with the cap on bankers’ bonuses.
The Government will also introduce low-tax investment zones, VAT-free shopping for overseas visitors and tighter rules for people receiving Universal Credit.
You might be interested in...
27 May 2026
Top 5 tips for SMEs starting their AI journey
Cut through the AI hype and demo overload with our five practical tips to help SMEs adopt AI in a controlled, business-focused way.
Learn more
Top 5 tips for SMEs starting their AI journey26 May 2026
Mortgage Types Explained
A bite-sized guide to the residential and letting mortgage types.
Learn more
Mortgage Types Explained
22 May 2026
Beyond the Books Episode 5
Jordan is joined by business owner and ex-corporate finance expert who talks about the move from corporate life into the property world and what she’s learned as a business owner.
Watch now
Beyond the Books Episode 5
22 May 2026
TC GROUP’S REGIONAL OFFICES NAMED ONE OF THE SUNDAY TIMES BEST PLACES TO WORK 2026
We're proud to announce our Leicester, Milton Keynes, Northampton, and Southampton have collectively been named one of The Sunday Times Best Places to Work 2026.
Learn more
TC GROUP’S REGIONAL OFFICES NAMED ONE OF THE SUNDAY TIMES BEST PLACES TO WORK 202615 May 2026
Increasing Business Value: A Practical Guide for Business Owners
Learn how to maximise your company’s value with strategies that attract buyers, reduce risk, and drive long-term profitable growth.
Learn more
Increasing Business Value: A Practical Guide for Business Owners
