Purpose of this article
To provide a solid, workable solution to the UK non-domiciled persons, following the surprising move of the UK tax authorities to tax them on their worldwide income.

Autonomous (driverless) cars, customer support chatbots, Alexa and Netflix suggestions are a few examples of AI that have already changed our lives. 

AI of course stands for Artificial Intelligence! But what does it really mean? To understand this, we should start with a simpler question: “What is an algorithm?”

The first algorithm is dated back to 2500 BC to the ancient Babylonian mathematicians, thus moving on to the Egyptians, Greeks, and Arabs. It is about taking an input, applying a set of rules, and generating an output.

Let’s have a look at a simple example of an algorithm:

A contract is an agreement between two or more parties, whether it be between two business entities, between two individuals or even both, that outlines and defines the terms of the said exchange.

Having a legally binding contract is essential for clarity and assurance so that all parties involved know their responsibilities and what is expected of them. Essentially, a well written valid contract will help avoid any disagreements and confusion, especially if the contract is a long-term agreement between the parties. Thus, if “things go wrong” along the way, a valid contract will provide protection to the parties especially for the innocent and/or aggrieved party.

Σημειώσεις:

• Οι πιο κάτω πρόνοιες, στηρίζονται στην τελευταία προκήρυξη του σχεδίου (2023). Με την νέα προκήρυξη, πιθανό να διαφοροποιηθούν.
• Απαραίτητη προϋπόθεση για όλους τους ενδιαφερομένους αιτητές, ειναι η συμπλήρωση του προκαταρκτικού ερωτηματολογίου: https://forms.gle/x1HKdfqbFMmmJfv16

Administration of an estate of a loved one that has passed away is a very delicate matter that needs to be dealt with high proficiency and discretion. This guide outlines the procedural steps for managing the estate of an individual who passed away intestate (without a will).