Partner, Katharine Arthur has appeared in Spears magazine’s article on the new tax regime under the new Labour government.

The UK is poised to undergo one of the most extensive tax overhauls in recent history. With significant changes on the horizon, including a shift from the long-standing domicile-based tax system to one based solely on residence, and potential increases in Capital Gains Tax (CGT) rates, the implications for high-net-worth (HNW) individuals and the broader economy could be profound.

HMRC’s interaction with tax agents and taxpayers has long been central to the smooth running of the UK tax system. That interaction can be robust, transparent, challenging and collaborative, as required. Most tax agents operate in an open and collaborative manner, rather than a combative one, in order to agree practical solutions for their clients. I know I have always valued and appreciated such collaborative input from HMRC staff to reach a resolution for clients, and there are some great initiatives in a number of HMRC teams which aim to maintain communication and service levels.

We are pleased to announce that we have expanded our team of partners, with the announcement of Karen Allan’s promotion.

Award-winning firm of chartered accountants and tax advisors haysmacintyre scooped the accolade – which recognises outstanding achievements of the leading firms across the private client professions – for the eleventh year running.

With an ageing population, pensions are a key focus and often a political hot-potato. The Government faces a continual balancing act of wanting to encourage people to save for their retirement by providing tax incentives, while balancing the budget.

We’re delighted to announce the appointment of Geoff Johnson as Partner. Geoff joins our Financial Services sector team from Blick Rothenberg, where he was a Partner, and brings a wealth of experience across all areas of audit, accounting and outsourcing.

The decision of HM Revenue & Customs to reverse its ban on fractional shares (“HMRC lifts fractional Isa shares ban”, Report, September 4) should provide a welcome fillip to investment at a time when it is badly needed.