Non Dom Articles continued
- Article Dates:
- 2011
- All Months
Displaying Matches 1 thru 10 of 18 Found. NEXTLAST
Many Middle Eastern investors look to invest in UK property, and with the current low prices it can represent a good buying opportunity for the savvy investor. In this article we look at the tax treatment of UK property investments using Ijara structures and how this has now changed due to the provisions in the new UK-Saudi Arabia double tax treaty....
From 6 April 2012 non doms will be able to remit their overseas income or capital gains to the UK tax free, where they do so for the purposes of making a 'qualifying investment'. This article looks at exactly how this new relief will operate based on the draft legislation issued to date...
It's often asked which is the best way for non doms to hold UK property. In this article we look at the key tax issues and whether it is beneficial to hold personally, use an offshore trust or an offshore company...
In this article we look at the changes that were announced in the December 2011 Autumn statement and how they impact on non UK residents and non UK domiciliaries...
The tax rules make it unattractive for many non-doms to claim the remittance basis, especially those who are subject to the £30,000 charge. However, it's still possible to have a sizeable overseas investment portfolio and pay little or no tax in the UK. In this article we look at how non doms can have a tax free overseas investment portfolio...
Many non doms living in the UK will be within the scope of UK inheritance tax ('IHT') on the basis that they have the UK as their deemed domicile. This will be the case if they've been resident in the UK for 17 or more of the last 20 tax years. In this article we look at the UK tax implications of moving abroad to lose deemed domicile...
The Internal Revenue Service has recently announced that US citizens subject to the £30,000 RBC will be able to qualify for US double tax relief to reduce US taxes. This article looks at the recent IRS ruling...
Non Doms, along with non UK residents are potentially in the best position in terms of UK tax to make use of offshore companies and trusts. In this article we take a look at how non doms could use an offshore holding company to reduce UK taxes...
There can be some significant advantages for non doms in being a partner in a foreign partnership controlled from overseas. In this article we look at the tax advantages in more detail and look at the facts of a very recent case before the First Tier Tax Tribunal...
This is an issue that was raised by one of our members. The changes as from April 2008 mean that non doms can no longer gift overseas assets to their spouses and avoid the remittance tax rules if they subsequently then bring the gifted cash or asset back into the UK. However what if the non dom dies and leaves the overseas assets or cash to his wife in his will? This article looks at the tax positon in such a case...