In the Spring Budget 2024, Chancellor Jeremy Hunt made a significant announcement, revealing a further 2p cut in Class 1 National Insurance Contributions (NICs). He said this move is part of his strategy to support families through ‘permanent cuts in taxation’, demonstrating a commitment to long-term growth.
The Italian budget law 2023 has introduced the so-called ‘Investment Management Exemption’ in order to give certainty to Investment Fund Management practices, with a particular focus to remove the risk for a permanent establishment in Italy for a non-Italian resident fund.
Our Partners Alessandro Belluzzo, from our London office, and Luigi Belluzzo from our Milan office, are attending the 2024 edition of the Annual International Private Client Tax Conference "Navigating the private client world in turbulent times" and our firm is among the sponsors of the event.
From 17 January 2024, those applying for probate in England and Wales will no longer need to complete an IHT421 Probate Summary to submit with their IHT400.
Belluzzo International Partners is a multidisciplinary, international and independent professional boutique that provides consultancy in the areas of Wealth, Law, Tax, Finance.
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