UK Tax Blog

UK & Offshore Tax Planning Blog

Do you need to sell your house to establish non UK residence?

If you're looking at becoming non UK resident unless you are going overseas under a full time contract of employment you will be looking to establish a permanent departure from the UK. In order to evidence a permanent departure from the UK if…

The inheritance tax exemption for family maintenance

Where assets or cash are transferred to benefit a family member you may be able to argue that gift of assets did not represent a 'transfer of value' for inheritance tax purposes and as such the gift is not included in your estate if you died within…

Tax benefits of furnished holiday lettings after April 2008

The changes to capital gains tax after April 2008 mean that taper relief will no longer be available. One of the key advantages of furnished holiday letting status was that they were treated as business assets for taper relief purposes. The potential…

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