Non Dom Articles continued
- Article Dates:
- 2008
- All Months
Displaying Matches 1 thru 10 of 38 Found. NEXTLAST
Entrepreneurs Relief applies to the disposal of trading businesses and also shares in certain trading companies. It can apply to non UK domiciliaries selling overseas businesses or shares in overseas trading companies. This article looks at how Entrepreneurs Relief applies to non domiciliaries when they are taxed on the arising basis or the remittance basis....
The changes announced in the November 2008 Pre Budget Report weren't specifically targeted at non doms however they will effect non doms, just as they'll effect all other UK taxpayers. This article looks at how non doms in particular will be effected by the changes announced in the pre budget report...
Remitting overseas capital is a common question both in our tax forum and our online Q&A service. This article looks at exactly what overseas capital is and how non UK domiciliaries can use the rules to remit overseas cash free of UK tax whether they choose the arising basis or the remittance basis after April 2008. It also looks at the rules applying to mixed funds....
There's plenty of advice to non doms who are subject to the remittance basis of tax to avoid 'remitting' income or gains but what exactly does this mean? This article looks at the general rules and impact of the court decisions that apply in this area...
Non Doms are entitled to numerous UK tax benefits. After 6 April 2008 many of these benefits may have been reduced but they are still there! This article looks at non doms living in the UK but working overseas, and in particular how they can take advantage of their special tax status to reduce UK tax...
The provisions in the 2008 Finance Act apply a new £1,000 exemption for remittances of overseas property. This allows non doms to avoid being subject to income tax on these remittances. This article looks at how the exemption operates and how non doms can make the most of this to remit much larger sums free of income tax....
As requested by one of our members we've looked through the latest Finance Act and compared this with the previous Finance Bill that was issued at the beginning of the year. We've focused on the changes to the remittance basis and have had to go through both versions with a fine tooth-comb to highlight the changes....
If you're planning on obtaining an overseas mortgage to purchase a property in the UK you should ensure that you carefully consider the tax implications, particularly given the changes that apply after April 2008.This article looks at the current tax position of offshore mortgages....
If you hold savings in bank accounts in other EU countries you'll be subject to withholding tax on any interest generated on these funds under the EU savings directive. This article looks at how to obtain tax relief for the interest that is withheld....
Any non doms coming to live in the UK should carefully consider their position in terms of both income and capital gains that could arise overseas. This article looks at some tax planning steps and opportunities that all non UK domiciliaries should be considering before coming to live in the UK...