Trusts form an important part of UK tax planning and can offer a wide range of opportunities. To advise a client correctly regarding the setting up and maintenance of a trust, it is important to establish if the trust itself is treated as a UK resident trust or a non-UK resident trust, says Canada Life.
Expats should “bag” all the UK/EU rights available to them before the end of the current two-year Brexit negotiations, according to a senior immigration lawyer.
The Israeli Tax Authority (ITA) has set out seven conditions for a recent immigrant to be regarded as an Israeli resident for tax purposes as part of a wider move to tighten the rules.
Britain’s Brexit minister David Davies has revealed that the European Union plans to restrict the residency rights of British expats living within the bloc once the UK leaves.
International tax and wealth management firm Blevins Franks has identified five key planning issues for UK citizens wanting to avoid punitive tax implications when making their move from Europe back to Britain. Click on the slides below to see them.
If you have recently moved or are moving to Portugal, you need to understand the tax implications of living there as a British national, says Jason Porter, director of European IFA firm Blevins Franks.
The British government plans to extend its inheritance tax (IHT) rules to cover properties held by non-domiciled residents in an offshore entity.
Zurich International Life’s head of market management MEA, Walter Jopp, sees huge growth potential in the protection market, especially the non-resident Indian (NRI) segment.
A reform to ISA tax rules will allow non-UK resident individuals to transfer a deceased partners ISA assets for the first time.
Old Mutual Wealth is urging advisers with non-domiciled clients in the UK to take steps to protect their assets from IHT, in case changes to the domicile rules come into effect.
Now that the UK has its first-ever statutory definition of UK residency for tax purposes, the tax authorities have come up with a tool to help people determine their status.
The struggles Asian immigrants often face in obtaining legal residency in countries like the UK and US are well documented, but expatriates from these countries can face similar battles in their efforts to remain in China, an expat with experience of the difficulties has revealed.
