FREE DOWNLOAD - Non-Resident and Offshore Tax Planning 2022/2023: How To Cut Your Tax To Zero
New December 20227 (21st Edition) fully updated for the latest 2022 changes
Leaving the UK and becoming non UK resident offers many tax planning benefits. UK income tax, capital gains tax and in some cases inheritance tax can all be reduced. However, as you'd expect there are a number of pitfalls for the unwary.
It isn't just non-residence that offers tax planning opportunities. Non UK domiciliaries can also structure their affairs to reduce income tax and capital gains tax as well as inheritance tax.
This 231 page tax book is essential reading for:
- Anyone considering moving abroad to reduce income tax or CGT
- Anyone planning to work overseas
- Anyone returning to the UK after a period of non-residence
- Non UK domiciliaires planning to live in the UK tax efficiently
What Information is Contained in the Guide?
Non-Resident & Offshore Tax Planning is jam-packed full of clear examples and unique tax planning advice. Subjects covered include:
- Full and comprehensive explanation of terms "Domicile" and "Non Resident".
- How becoming non-resident could save you a fortune in tax.
- Fully updated for the latest residence rules.
- The latest 2022 guidance from HMRC on residence status.
- All about the new Principal Private Residence (PPR) relief rules.
- How overseas investors should invest in UK property in 2022/23 given all the recent tax changes.
- Recent changes to the tax treatment of UK dividends.
- Latest 2022 cases on treaty residence and how this can reduce UK tax.
- De-enveloping UK properties.
- How the statutory residence test applies including the latest updates.
- How sportspeople use foreign IP holding companies.
- Detailed analysis of relevant cases on non residence.
- How to take advantage of loopholes in the Statutory Residence provisions.
- How HMRC keeps a track on UK visits with new technology.
- Whether you should or shouldn't be claiming the personal allowance after you leave the UK.
- How to make capital & income distributions from offshore trusts tax effiicently.
- Exactly how to establish company residence overseas.
- Detailed explanations of how to avoid UK tax on your income from rents, dividends, pensions and employment.
- How you could completely escape capital gains tax both in the UK and abroad.
- Pitfalls to negotiate when avoiding UK capital gains tax.
- Tax implications of selling your UK home after you leave the UK.
- The latest non-dom tax changes.
- How to lose a UK domicile and how to retain an overseas domicile.
- How to avoid inheritance tax by losing your UK domicile.
- How the £30,000 and £60,000 annual tax charge for non UK domiciliaries works.
- How to remit income and capital gains free of UK tax.
- Dedicated areas of advice for investors in overseas property.
- How you could claim tax free lump sums whilst working abroad.
- How Double Tax Relief works and how to make the most of it.
- How to avoid tax everywhere by becoming a "Tax Nomad".
- Tax advantages and disadvantages of offshore trusts and companies.
- Detailed analysis of the latest changes to the tax treatment of offshore companies.
- A detailed look at when you can and can't use offshore companies and trusts to reduce UK taxes.
- How non UK domiciliaries can use excluded property trusts tax efficiently.
- How to save tax with double tax treaties.
- and much more...
What does the book cost?
This book is free to all WPR Gold and Practitioner members and can be downloaded at:
Non-Resident & Offshore Tax Planning - FREE Download
If you're not a WPR member you can join up for any membership level at: