Non UK Resident Tax Planning

New - Free Tax Help for Non UK Residents! Members can access our new Non UK Resident Tax Consultancy Section. This includes detailed scenario based tax planning Q&A's. New Q&A's are to be added to this daily.

FREE Articles: Establishing Non-Residence Part 1 - How to become non-resident In this article we look at how to establish non UK residence status . . . keep reading Part 2 - Convincing HMRC you are non-resident In this article we look at the practical steps that should be taken to help strengthen a claim for non-residence . . . keep reading Part 3 - Non-resident checklist Surely when you move overseas you just buy a new place, move your belongings over and that's it? Well not quite. Moving to another country involves a major lifestyle change and as well as all the pers . . . keep reading

Latest Non UK Resident Tax Q&A's UK tax for resident of Oman trading in UK? - USERNAME: NASSER1980 - 23/05/2013 Non-residence and the £30,000 charge - USERNAME: SanctumGlobal - 23/05/2013 Tax residence if just 1 day in the UK and own UK property? - USERNAME: sanctumglobal - 22/05/2013 Licensing IP and the new temporary non-resident provisions - USERNAME: Cookie - 21/05/2013 Offshore tax planning structure - USERNAME: drken - 21/05/2013 Review of tax return entries - USERNAME: steve1 - 21/05/2013 CGT and the branch/agency provisions - USERNAME: bnzman - 20/05/2013 Split year basis and the statutory residence test - USERNAME: dnjones - 20/05/2013 6 year non residence requirement to avoid CGT? - USERNAME: PEDROBO - 17/05/2013 ARPT, CGT and IHT - USERNAME:Gunter - 16/05/2013 More Non UK Resident tax Q&A's

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Non Residence - Online Tools & FREE Guides FREE DOWNLOAD - Tax Planning & The 2013 Statutory Residence Test - 2013 Edition 14 January 2013 In this guide we provide detailed guidance as to how the new Statutory Residence rules will work (based on the latest December 2012 proposals) and the tax planning opportunities available to anyone le . . . keep reading Working Overseas - The Complete Tax Guide January 2013 If you're working overseas either as a permanent move or under a short term secondment you should carefully consider the tax planning opportunities available to you. In this guide we look in detail at . . . keep reading Non resident CGT tool There are various rules to take into account when considering whether you will be subject to CGT as a non resident. Use this handy online tool to immediately guide you through the rules and find out i . . . keep reading Non residence calculator 2013+ This useful tax calculator will tell you if you will be UK resident or not based on your specific circumstances and the information you input. It incorporates the latest draft guidance issued by HMRC . . . keep reading

Reducing tax for Non UK Residents Tax Checklist: Moving back To The UK 20/05/2013 Following a request from one of our members we've put together a checklist covering the key tax issues for anyone planning to move back to the UK. . . . keep reading Bed & breakfasting shares as a non resident 15/05/2013 This article is in response to a question we received relating to how the bed & breakfast rules apply to a non resident planning to move back to the UK. We look at the CGT exemption available for . . . keep reading Tax planning for non-residents owning UK property investment companies 12/04/2013 Many individuals hold their UK properties in a UK company. When these individuals move overseas and lose UK residence they will often hold onto their property company. In this article we look at the U . . . keep reading Protecting Your Privacy with Nominees 10/04/2013 Using an IBC as a nominee or for re-invoicing purposes are two common uses for offshore companies. A nominee arrangement is not really in itself a tax-saving option, although the privacy benefits woul . . . keep reading Selling UK business assets as a non UK resident free of UK capital gains tax 05/04/2013 It's well known that anyone moving abroad and becoming non UK resident can avoid UK capital gains tax ('CGT') providing they remain abroad for at least five or six complete tax years (depending on the . . . keep reading FREE DOWNLOAD - Non-Resident and Offshore Tax Planning 2013 April 2013 Edition This brand new (April 2013) edition of our 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 . . . keep reading Leaving the UK and how to avoid tax timing traps 27/03/2013 If you're leaving the UK and are looking to establish non residence, careful consideration of your leaving date and your circumstances at the date of your departure can have a big impact on your UK ta . . . keep reading Where is your "home" for the purposes of the new Statutory Residence Test 20/03/2013 Following a request from one of our site members we've looked in more detail at the question of where you have your home, for the purposes of the new Statutory Residence Test (SRT). This is unfortunat . . . keep reading Tax free residence in Monaco on a budget 22/02/2013 Part of gaining residency in Monaco requires buying or renting a property. However, whilst property in Monaco can be expensive, this article looks at how thanks to new rules for residency in Andorra, . . . keep reading Changes to the 5 year non residence requirement for CGT? 08/02/2013 It's well known that in order to leave the UK and sell your assets free of UK capital gains tax ('CGT') you usually need to remain non-resident for at least five complete tax years. However, what's . . . keep reading FREE DOWNLOAD - Tax Planning & The 2013 Statutory Residence Test - 2013 Edition 14 January 2013 In this guide we provide detailed guidance as to how the new Statutory Residence rules will work (based on the latest December 2012 proposals) and the tax planning opportunities available to anyone le . . . keep reading The latest updates to the Statutory Residence Test and Company Exit Charges 02/01/2013 The provisions of the 2013 Finance Bill have some important implications for both individuals and companies looking to migrate from the UK. In this article we comment on the latest provisions and how . . . keep reading UK corporation tax planning after you've left the UK 31/12/2012 If you trade via a UK company, the general rule is that it would be subject to UK corporation tax even if the controlling directors or shareholders were non UK resident. However as a non resident indi . . . keep reading The end of the Swiss "Lump Sum" tax regime? 07/12/2012 The Swiss "Lump Sum" (also known as the "Forfeit") regime has been a highly attractive option for UK expats looking to reduce their taxes. By paying a fixed amount of tax irrespect . . . keep reading When UK residents can use an offshore company for good business planning 03/12/2012 The main income tax anti avoidance rules relating to UK residents using offshore companies are contained in the transfer of asset provisions.These rules are very wide in scope but there is an exemptio . . . keep reading Trading in the UK with a UK company/LLP and how to minimise tax 30/11/2012 If you're a non UK resident looking to carry out any business activities in the UK you should carefully consider whether there could be a charge to UK tax, and if so how this can be mitigated. In this . . . keep reading How non residents can eliminate income tax on UK rental income 19/11/2012 If you're non UK resident and rent out UK property you'll be subject to UK income tax on the rental income. This will fall within the non residents landlord scheme and would initially be subject to ba . . . keep reading Using an offshore structure to trade tax efficiently 12/11/2012 International traders will be concerned with the effective rate of tax on their profits. When profits are significant even slight reductions can lead to sizeable increases in net profits. This article . . . keep reading The latest on the connection factors for the new statutory residence test 29/08/2012 One of the key principles that applies from the current proposals for the statutory residence test, is the idea of "connection factors". In this article we look at these connection factors i . . . keep reading Establishing non residence when working abroad -- what if you return early? 06/07/2012 If you're leaving the UK to work overseas you would often look to establish non UK residence from the date of your departure to the date of your return under the special provisions outlined in HMRC6.O . . . keep reading Changes to the Statutory Residence Test 02/07/2012 The Government has published the responses to the consultation on the new Statutory Residence Test. The consultation is ongoing but they've already announced a number of amendments to how the Statutor . . . keep reading Malta as a tax haven in 2012 11/06/2012 Malta can still be highly attractive if you're looking to reduce your tax liability. However, there have been a number of changes for 2012 which tighten up the requirements. In this article we look at . . . keep reading When non UK resident companies are within the UK corporation tax regime 06/06/2012 Foreign businesses should be able to undertake significant UK activity without triggering tax liabilities but they need to be careful. If not structured correctly they may find that apparently minor c . . . keep reading Tax planning when investing in UK property 30/05/2012 We're often asked for any tax planning opportunities where a UK non-resident and non-domiciled individual wishes to purchase a UK property. In this article we look at some of the tax planning issues a . . . keep reading In which countries can you still benefit from the UK personal allowance if you're non UK resident? 16/04/2012 The UK personal allowance (currently £8,105 for most people) exempts a specific amount of income from the charge to income tax. If you're a UK or other EEA citizen you will be able to claim the person . . . keep reading A look at some of the issues with the Statutory Residence Test 30/03/2012 In this article we look at some of the issues and problems with the statutory residence test (SRT) as it's currently drafted. Some of these points will be considered as part of the ongoing consultatio . . . keep reading Latest case on UK residence 26/03/2012 Establishing non UK residence is always a popular topic with our members. In this article we take a look at the latest Tribunal decision on UK residence and consider how it will affect anyone looking . . . keep reading Points to watch out for in the "connection factors" for the statutory residence test 21/03/2012 Although the statutory residence test has been delayed until at least 6 April 2013, it's still well worth understanding how the proposed rules apply. In particular, your actions during tax year 2012/2 . . . keep reading Directors of UK companies moving abroad and the impact of double tax treaties 16/03/2012 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 . . . keep reading Should you sell UK property as a non resident or after you return to the UK? 06/02/2012 If you're non UK resident and considering a return to the UK at some point in the future, you may be evaluating whether you should sell UK property before or after a return to the UK. In this article . . . keep reading More

Latest Non Resident Tax Questions UK tax for resident of Oman trading in UK? - USERNAME: NASSER1980 - 23/05/2013 Non-residence and the £30,000 charge - USERNAME: SanctumGlobal - 23/05/2013 Tax residence if just 1 day in the UK and own UK property? - USERNAME: sanctumglobal - 22/05/2013 Licensing IP and the new temporary non-resident provisions - USERNAME: Cookie - 21/05/2013 Offshore tax planning structure - USERNAME: drken - 21/05/2013 Review of tax return entries - USERNAME: steve1 - 21/05/2013 CGT and the branch/agency provisions - USERNAME: bnzman - 20/05/2013 Split year basis and the statutory residence test - USERNAME: dnjones - 20/05/2013 6 year non residence requirement to avoid CGT? - USERNAME: PEDROBO - 17/05/2013 ARPT, CGT and IHT - USERNAME:Gunter - 16/05/2013 When will I be UK resident? - USERNAME: Bellows - 15/05/2013 Questions on the CFC rules - USERNAME: beefeater - 15/05/2013 UK CGT on transfer of shares - USERNAME: bluesky - 14/05/2013 Abolition of ordinary residence and UK CGT - USERNAME: dnjones - 13/05/2013 Questions on excluded property trust - USERNAME: dnjones - 13/05/2013 Flexible drawdown whilst non resident and UK tax - USERNAME:Bachus - 13/05/2013 Overseas home for the purposes of the statutory residence test and the 90/30 day requirements - USERNAME: juliett1 - 10/05/2013 Returning to the UK and planning for UK CGT on UK & overseas properties - USERNAME: toast - 10/05/2013 Accompanying spouse and new statutory residence test - USERNAME: dnjones - 10/05/2013 Planning for UK and Spanish income tax on dividends - USERNAME: greatbatch1 - 09/05/2013 UK dividend income disregared for UK tax? - USERNAME: mbowden - 08/05/2013 Second automatic residence test - USERNAME: dnjones - 08/05/2013 Arriver or leaver for statutory residence test - USERNAME: dnjones - 08/05/2013 Withholding tax rate under UK-US tax treaty - USERNAME: snowman - 02/05/2013 Follow up on tax treatment of issue of shares - USERNAME: BPLTD - 02/05/2013 UK LLP and HK company - avoid tax for IT worker? - USERNAME: Jonsson - 30/04/2013 UK tax treatment of dividends from Ukranian subsidiary - USERNAME: nkazimirov - 29/04/2013 Leaving the UK and selling shares free of CGT - USERNAME: BPLTD - 26/04/2013 Residence for inheritance tax purposes? - USERNAME: magdalena1 - 23/04/2013 Withholding tax in international structure - USERNAME: nkazimirov - 22/04/2013 More

About Our Editor

He worked in Ernst & Youngs Entrepreneurial Services department for a number of years before setting up his own tax planning practice. He is now a full time tax author.

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Tax Articles on Non UK Resident Status

We have a lot of tax articles covering non UK resident issues in our Emigration section. Here's a selection: