UK & Offshore Tax Planning Blog
Unless what you're selling is an investment asset, you'll need to determine if you are undertaking a trade. Essentially this is a determined by looking at what your intention is. Almost any asset or activity can be the subject of trading and the main…
The non residents landlord scheme doesn't just apply to non UK residents. It applies to anyone who had a 'Usual place of abode' outside the UK. This not identical in meaning to residence , or ordinary residence, but a person who is not resident in…
If you are non resident and ordinarily resident, any gains are outside the scope of UK capital gains tax . However if the Revenue were successful in arguing you are a trader, you would be subject to income tax if you were regarded as trading through…