UK Tax Blog

UK & Offshore Tax Planning Blog

Tax free remittances by non doms of personal effects

Non UK Domiciliaries can bring personal effects into the UK without this being classed as a remittance of overseas income. Note that it only applies to overseas income. So if you purchased some Jewellery overseas out of an overseas capital gain, by…

Remittances by non doms after they're non resident

In order to prevent non UK domiciliaries from simply claiming the remittance basis and then becoming non UK resident and remitting the income free of tax new anti avoidance rules have been introduced. They apply the CGT 5 year non residence…

Selling land after main residence

If you are selling part of your main residence's grounds after you have sold the main residence you could run into problems in qualifying for principal private residence relief. This could occur if for example you are planning on retaining part of…

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