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Ashley Crossley

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Ashley Crossley is head of the Wealth Management Department in the London office. He has been chair of the Firm’s Europe and Middle East Wealth Management Practice Group as well as serving as a member of Baker McKenzie’s Global Wealth Management Steering Committee and coordinating partner for the Firm’s global banking relationships. He also heads the Firm's Middle East practice. He is recognized as a leader in his area of practice by Legal 500, Citywealth and Chambers Global. Ashley frequently speaks at external conferences and seminars, and is the editor of STEP's Russia/CIS directory. Ashley is qualified as a barrister and solicitor.
In Tax

United Kingdom: Update on changes to res non-dom regime and possible further reform

by , , , , and 7 Mins Read

On 6 March 2024, the current government (led by the Conservative Party) announced a number of significant changes to the way in which UK tax resident non-UK domiciled (RND) individuals will be taxed in future. These changes are expected to take effect from 6 April 2025. In this alert we provide a recap of the reforms announced by the current Conservative government, and an overview of the further changes that the Labour Party has said it will introduce if elected.

In Tax

United Kingdom: Budget 2024 – Abolition of non-dom regime and introduction of new residence regime

by , , , , and 15 Mins Read

On 6 March 2024, the Chancellor of the Exchequer delivered his Spring Budget.
This contained a number of significant tax changes relevant to our clients, including changes to the way in which UK tax resident non-UK domiciled individuals will be taxed in future and a new advantageous tax regime for individuals becoming UK tax resident.
These changes are very significant and we recommend clients take immediate advice on the potential implications for them and their structures.

In Europe

Tax in the Real World

by and 3 Mins Read

The UK Supreme Court has held that HM Revenue & Customs were correct to interpret tax legislation to ignore arrangements without a “business or commercial purpose”. This prevented a tax avoidance scheme involving bankers’ bonuses from succeeding.