Latest Tax Q&A's Questions on UK-US Inheritance Tax/Estate Tax treaty Income tax and worldwide income UK tax on overseas rental income UK or Eire domicile? 'E borders' program and UK residence Self employed or limited company to reduce tax? Using an offshore company for UK property development trade? Structuring property ownership to reduce future tax Centre of vital interests under the UK-Italy tax treaty Tax planning for non UK resident going back to UK for work contract Site members can submit tax consultancy questions free of charge. More

Order 2009 Editions Of Our Books! Tax Saving Tactics for Non Doms This unique tax planning book is essential reading for all non doms. It gives you the lowdown on the latest rules as well as what you can and can't do to reduce your UK taxes. It looks in detail at the many new exemptions and concessions available and is invaluable for any non doms looking to make the most of the new loopholes. . . . keep reading Non Resident and Offshore Tax Planning This best selling offshore tax planning book tells you what you need to know to take advantage of offshore opportunities and slash your UK tax bill. It's a pretty comprehensive look at plenty of offshore tax planning techniques including residence, domicile, emigration, using offshore companies and trusts, buying property overseas and much more. . . . keep reading The Worlds Best Tax Havens How to use tax havens to reduce your tax bill. The first half of the book goes through what you need to know about 25 of the worlds top tax havens. The second part actually looks at the techniques that you can adopt to use these tax havens to slash your tax bill. . . . keep reading These books have all been written by our Site Editor. View property, business and family tax books

Latest Articles on Emigration Changes to the personal allowance for non residents from April 2010 The UK personal allowance (currently £6,475 for most people) exempts a specific amount of income from the charge to income tax. Non UK residents are still charged to UK tax on UK income and therefore being entitled to claim the UK personal allowance can be very beneficial. There were a number of changes to the ability of non residents to claim the personal allowance which were announced in the 2009 Budget. This article looks in detail at the effect of the changes . . . keep reading Non residence after the new guidance in HMRC 6 The Revenue has published new guidance for anyone considering establishing non UK residence, in HMRC 6. The previous guidance (which was in IR20) has been withdrawn. In this article we look at the changes in the new and old guidance for anyone looking to move abroad and establish non UK residence . . . keep reading Traders moving overseas and NIC We were asked about this in a post on our forum so we've researched the position in detail. This article looks at the class 2 and class 4 NIC position for anyone self employed moving overseas . . . keep reading Directors, UK tax & double tax treaties Directors moving abroad should ensure that they carefully consider their tax status. The terms of double tax treaties in particular can have a big impact on how directors are taxed. This article looks at how double tax treaties impact on directors based overseas . . . keep reading Establishing non residence for tax purposes by going abroad as an employee of your own company If you want to leave the UK during a tax year and establish non residence from the date of departure one of the best ways is to leave the UK under a full time contract of employment. This article looks at whether you can 'post' yourself overseas as an employee of your own UK company . . . keep reading More

Latest Capital Gains Tax Articles Establishing a property as a main residence in 2009 Establishing a property as a main residence can be very attractive in terms of reducing your tax charge on a future disposal. This is due to the fact that a property that has been occupied as a main residence will qualify for principal private residence ('PPR') relief. This article looks at some of the main points to consider when establishing a property as a main residence and also includes a handy checklist of 'evidence' that could prove invaluable in arguing a property was a main residence. . . . keep reading Make the most of the drop in property prices to restructure property investments If you have investment properties owned by a company you may be able to take advantage of the decrease in property prices to restructure the ownership and substantially reduce the ultimate capital gains tax charge on disposal.This article looks at the tax implications. . . . keep reading How best to structure small scale overseas property development With the advent of many low entry cost property development opportunities overseas an issue that is often important is what is the best structure for this. What we're considering here are small scale operations. The large investors will be likely to already have an established offshore structure in place - but what about the newbies - how should they proceed? . . . keep reading How UK residents can use a Singapore company to avoid UK capital gains tax Using overseas companies to avoid UK capital gains tax is an established form of tax planning. Unfortunately if you wanted to use this technique to avoid CGT nowadays it's subject to numerous anti avoidance provisions. This article looks at one way to circumvent the anti avoidance rules. . . . keep reading Entrepreneurs relief for property developers? Entrepreneurs relief is effectively the successor to business asset taper relief and can provide for an effective tax rate of just 10% on certain qualifying disposals. Given this highly attractive rate of tax many non UK domiciliaries will be wondering whether they could qualify for it. This article explains when property developers could qualify. . . . keep reading More

Latest Articles for Non Domiciliaries Nominating income and gains for the £30,000 remittance basis tax charge As you're no doubt aware, any (adult) non doms who have been UK resident for at least 8 tax years will be required to pay an annual £30,000 tax charge if they want to claim the benefit of the remittance basis. In this article we look at exactly how the £30,000 tax charge is levied and in particular how you'll need to nominate unremitted income or gains . . . keep reading HMRC Q&A's on 2009 Budget Changes for Non Doms We looked at the 2009 budget changes for non doms in a previous article (Non Doms and the 2009 Budget). However, HMRC have provided some guidance as to how the new provisions will apply. In this article we look at the impact of the changes taking into account the recent HMRC guidance. . . . keep reading Tax structuring for international professional services - case study Many members are interested in the various options for structuring an international professional services business. In this article we look at the income tax, corporation tax and capital gains tax implications of the various structuring options, including using a UK or offshore company. . . . keep reading Foreign footballers using offshore companies for UK property It's been reported that foreign footballers have been using offshore companies to purchase UK property. This can be advantageous in terms of avoiding UK tax, and in this article we look at exactly how using an offshore company can be a benefit in purchasing UK property. . . . keep reading Tax position on the remittance of pre 2008 capital gains Following a post in our forum we've looked in detail at the position of capital gains that arise before April 2008 but are subject to the remittance basis. In this article we analyse the tax provisions to assess how remittances after April 2008 will be treated . . . keep reading More