Leaving the UK
Losing UK residence affects liability for income tax, capital gains tax, and potentially inheritance tax. Careful day counting and record keeping are essential, as HMRC scrutinises borderline cases closely.
If you are planning to the leave the UK your tax position will be based on the UK Statutory Residence Test. This test goes through a number of tests to determine how many days you must be outside of the UK to become (and remain) non-UK resident for tax purposes.
We can provide a quick assessment of your circumstances to check your criteria for becoming non-UK resident before taking more detailed advice.
We then also offer a full advisory service to help you plan to become non-UK resident and manage your UK tax affairs. Please see details of our services or contact us to ask any questions.
When arriving into the UK your UK residence status will determine your income tax, capital gains tax and potential inheritance tax position.
Your UK residence will be based on the application of the UK Statutory Residence Test, which will determine exactly when you will be subject to UK taxation.
Individuals arriving into the UK may be able to qualify for the new Foreign Income & Gain regime providing a beneficial tax position for the first 4 years of UK residence.
We can provide a quick assessment of your circumstances to check your UK tax position in advance of you arriving into the UK or whether you qualify for the Foreign Income & Gain regime.
We then also offer a full advisory service to help you plan and manage your UK tax affairs. Please see details of our services or contact us to ask any questions.
Coming to the UK