January 2011

Non Doms & timing departures/arrivals from the UK

For most people arriving in or leaving the UK they'll be looking to claim the benefit of the split year basis. This means that: For non doms leaving the UK they'll only be UK resident up until their date of departure, and For non doms coming to the…

Panama foundations and UK tax

If you look at offshore companies or trusts on the internet you'll see these mentioned quite a lot. You'll see Foundations offered in lots of jurisdictions, but Panama and Liechtenstein tend to be popular. Foundations are similar to trusts in many…

Making a statutory declaration to establish non UK domicile

If you leave the UK, you may well be looking to avoid Inheritance tax. One of the best ways to achieve this is to lose your UK domicile status. As regular readers will know, if you're a UK citizen 'born and bred' you will be likely to have UK…

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