Obtaining Non UK domicile status and How to own an offshore company to reduce UK capital gains tax

Another couple of good articles have been released to the site: Obtaining non UK domicile status This looks at how in practice you'll establish non UK domicile status with the Revenue if you leave the UK. The tax return and form DOM 1 which would usually be used to notify the Revenue of non domicile status will be of little use. These are only relevant where there is an immediate impact on income tax or capital gains tax. This article tells you one option you have for obtaining the Revenues agreement to your domicile status. Should you use an offshore trust to own an offshore company for CGT purposes or own directly? If you're planning on using, or even thinking about using an offshore company for overseas trading purposes you should read this article. It covers when owning directly (ie you own the shares) or when owning via an offshore trust will be preferred in terms of UK capital gains tax.