UK & Offshore Tax Planning Blog
If you return to the UK after a period of non UK residence you will need to consider your UK tax position. As a general rule you will be subject to UK income tax as from the date that you return back to the UK. You will be subject to CGT on gains in…
More detailed record keeping to keep a track of income that has been taxed (via the £30,000 tax charge) and other unremitted income will need to be kept by non UK domiciliaries after April 2008. However the legislation states that the record keeping…
When you let a property you are allowed to deduct costs incurred in the letting for income tax purposes. Costs that are related to the purchase or disposal are specfically excluded from the income tax relief. However there is a special deduction for…