Author: SmartWealthNews.com

Non-doms are leaving the UK but holding on to their London properties, according to Knight Frank. Under the old rules, non-doms could live in the UK without paying tax on overseas wealth. New regulations are tighter, which is driving more wealthy people to live in countries like Italy, which has an annual flat tax that ringfences overseas assets. Stuart Bailey, head of prime central London sales at Knight Frank, said: “While there is evidence of non-doms leaving London and taking their tax dollars with them, it doesn’t mean they are necessarily selling up. “Many are keeping their property because of…

27 June 2025 With momentum for MTD for Income Tax building every day, FreeAgent gathered an expert panel from the government and the accounting world to discuss progress so far, lessons learned and critical next steps to success. FreeAgent Practice Partners joined James Murray MP (Exchequer Secretary to the Treasury and departmental Minister for HMRC), Craig Ogilvie (Programme Director for MTD) from HMRC and FreeAgent’s CEO, Roan Lavery and Head of Product Management, Jon Martingale in London to share their experiences and discuss what’s needed to move MTD forward. Here are the four key takeaways from the session. 1. Now…

Apple is taking its time with AI. While most tech companies are racing to push out AI features as fast as they can, Apple is doing the opposite. Its big announcement – Apple Intelligence – won’t arrive for most users until 2026. That’s a long delay in a market where speed seems to matter more than quality. But maybe that’s the whole point.At this year’s WWDC, Apple showed off new AI features tied to Siri, writing tools, and app suggestions. It called the bundle “Apple Intelligence,” but those tools won’t be widely available any time soon. For now, they’re limited…

Not since the first world war, when America’s government nationalised the railroad system, has it made the kind of investment it announced on July 10th. For $400m, the Department of Defence acquired a 15% stake in MP Materials, making it the largest shareholder in the country’s sole producer of rare-earth metals. The money will allow the business, with operations including a mine in California and a factory in Texas, to dramatically increase production of the magnets needed for fighter jets, electric vehicles, smartphones and more. On July 15th Apple, the iPhone-maker, joined in with a $500m deal to buy magnets…

People are banking on a government safety net that isn’t there. Source link

Today, we are enthralled by the possibilities of AI. As awareness of AI grows, so does the use of its technology, along with an increasing need for regulation and ethical discernment by the companies that develop, deploy and use it.While AI policies are emerging, development continues to outpace regulations. With its rapid expansion, the AI industry faces growing scrutiny over ethical concerns, including data usage and transparency, especially regarding data training and potential copyright infringement issues.AI technology continues to permeate the inner workings of nearly every imaginable data source and the parallel ethical challenges that exist today may be completely…

By Trevor Abrahmsohn, Glentree International Our biggest issue stems from fellow estate agents who deliberately elevate the vendor’s expectation of value, and this tactic is designed to outcompete their peers, some of whom dare to tell the truth. In some cases, the overzealous evaluations can exceed the real underlying value by up to 30% and this serves to distort the direction as to where values are heading in the marketplace. We all read press comments about the state of the market and price drops, but actually, if you ignore asking prices and just compare changes of real value to real…

17 July 2025 Do you understand what motivates people to do a great job? Daniel Pink says you’re probably wrong.  Welcome to the modern world of leadership and management, where you’ve got to consider: if you have a growth mindset; whether your organisation is healthy; how to delegate properly; and the deceptively simple question of why your business exists. But help is at hand – in the form of these five excellent books.  We love a bit of lifelong learning at FreeAgent, so we chatted to Mark Fraser, our Senior Learning & Development Consultant, about his favourite books for businesses…

Register now free-of-charge to explore this white paper AI is transforming industries – but only if your infrastructure can deliver the speed, efficiency, and scalability your use cases demand. How do you ensure your systems meet the unique challenges of AI workloads? In this essential ebook, you’ll discover how to: Right-size infrastructure for chatbots, summarization, and AI agents Cut costs + boost speed with dynamic batching and KV caching Scale seamlessly using parallelism and Kubernetes Future-proof with NVIDIA tech – GPUs, Triton Server, and advanced architectures Real world results from AI leaders: Cut latency by 40% with chunked prefill Double throughput using model…

A TRILLION DOLLARS. That number may keep Scott Bessent, America’s treasury secretary, up at night. Next year his government’s net interest payments will break the 13-figure mark. The combination of a bulging deficit, now worth 7% of GDP, and the sharp increase in government-bond yields over the past four years makes America’s budgetary mathematics increasingly ugly. Source link