Expats based in the UK may profit from certain tax benefits. Our specialist team of tax specialists can offer specialist advice for non domicile residents who are based in London.
Tax for non-UK domiciliaries living in London
Every UK resident is required to file a tax return. However, most UK residents who are not domiciled (non doms) in this country can benefit from some tax benefits. Our team of tax experts can provide independent advice to expats and their families, when submitting their tax returns. By understanding the distribution of funds across the globe, we can help you to plan where to put your wealth, preserving it for future generations. We are also able to advise on remittance claims, helping to avoid the many pitfalls usually associated with this process.
Specialist tax advice from our private client tax services team
We can advise those coming to the UK, currently living in the UK and those looking to leave. As well as business magnates living in London, we can also advise employees looking to move to the capital with their families and the internationally mobile who look to use the UK tax system to their advantage.
If you are an American living in London with business interests in the capital, our private client tax services team can advise non-uk domiciliaries on the actions required to mitigate taxation, while still ensuring legal reporting obligations are met.
How Churchgates can help London based expats with their UK tax obligations
Our dedicated tax services team can help with:
- Planning in relation to the impact of UK taxation on an individual and advice on a sensible action plan prior to arrival in the UK.
- Management and administration of tax forms and compliance with UK tax legislation.
- Advice on Capital Gains Tax (CGT) planning regarding the ownership or disposal of assets and in particular UK property.
- Advice in relation to the interaction of the London based non-UK domiciliaries’ personal affairs and existing offshore structures. In particular, we assist with the ownership of UK property within the envelope of a company and the Annual Tax on Enveloped Dwellings (ATED) reporting.
Remittances and inheritance tax planning
- Advice when leaving the UK.
- Maintenance of personal tax affairs and advice on record keeping.
- Advice in relation to planning regular and large sum remittances.
- Advice on Inheritance Tax (IHT) planning and the consequences of long-term residence in the UK.
- Strategies to minimise tax worldwide through our association with firms in the Federation of Independent Financial Advisors (FEIFA).
- Advice on how to structure an investment in the UK using the valuable Business Investor Relief (BIR).
