Tag: residence and domicile

Rules around UK Domicile vs Non-Domicile

The UK government has declared that HMRC will be looking very closely at British citizens who ostensibly live abroad. The case of Mr Gaines-Cooper unveiled the fact that HMRC is looking carefully at individuals to see where they have centred their life. In this case, Mr Gaines-Cooper purported to be living in Seychelles and visiting…
Read more

Domicile in IHT Planning

Domicile and IHT Planning

Taxation rules around the worldwide assets of expatriates can be sometimes confusing. Being unaware of the tax implications relating to your domicile status, especially as a UK national and as a foreign national with UK-sited assets, can cost you high tax rates. Not acting on that, can lead to your family or beneficiaries suddenly having…
Read more

Why are residence and domicile important?

Your tax residence status and domicile status affect the extent to which you are liable to tax. There is a difference between your country of domicile and your residence, especially if you are an expat. Many expats go through life not knowing what domicile is, or they assume that they are domiciled in the place…
Read more

Client Data Privacy and Protection is important to us. Please Click Here for a copy of our Personal Information Collection Statement (PICS).

© 2023 Soteria Trusts |   Privacy Policy |   Disclaimer