Non Domicile Tax Planning
Individuals whose domicile is outside of the UK can enjoy a number of tax advantages in the UK. Someone’s domicile status is not dependent upon residency or what passport they have. In a number of cases, individuals who have lived in the UK for many years could still find that they have a domicile outside the UK.
We have developed a specialism in connection with advising non UK domiciled individuals and offshore trusts.
Given the changes to the taxation of non UK domiciled individuals, it is necessary to review how you can be affected by the changes to the legislation, especially as regards personal and corporate taxation.