Domicile

If you’re planning to relocate abroad, find out how a UK-qualified financial adviser can help you prepare. Learn about tax residency, Double Taxation Agreements (DTAs), the Statutory Residence Test (SRT), offshore accounts, and how to structure assets before you leave.

Individual Savings Accounts (ISAs) are one of the most tax-efficient investment wrappers available to UK residents. But what happens when you move abroad? If you're a British expat or simply no longer living in the UK, it's important to understand how your ISA is affected—and what you can and can't do with it going forward.

When it comes to international tax planning, one of the most misunderstood concepts is tax residency. It's not as simple as where you live or how many days you spend in a particular country. In fact, tax residency is one of the most nuanced areas of international law — and misunderstanding it can be a costly mistake. In this article, we’ll break down what the rules are, who they apply to, and how they affect income tax and capital gains tax (CGT) for those who return to the UK within a short time after becoming non-resident.

If you’ve moved abroad and are receiving pension income from a UK-based pension scheme, you might be eligible to have your pension paid without UK tax deductions at source.

The new rules mean that pensions will form part of an individual’s estate for inheritance tax (IHT) purposes. This blog explores the implications of these changes and what they mean for you.

Following the Autumn Budget 2024, the UK Government unveiled significant reforms to the rules governing pension transfers to Qualifying Recognised Overseas Pension Schemes (QROPS).

One of the major announcements in this year’s Spring Budget was news that the current tax regime for ‘non-domiciled’ UK residents is changing. For ‘non-doms’ out there, it’s worth understanding what changes are being introduced – and when – and the implications from a tax perspective.

In recent years, changes in tax regulations have significantly impacted individuals who are classified as non-domiciled residents (“non-doms”) in the UK. The introduction of the new Foreign Investment Gains (FIG) regime is one such development that has created a new set of challenges—and opportunities.

Your domicile, often referred to as your legal home, holds significant implications for various legal matters, including taxation, inheritance, and jurisdictional matters. While your domicile is typically determined by your place of birth or origin, it is possible to establish a domicile of choice in a different location.