Tax Planning for Non-Residents & Non Doms 2017/18

This unique guide shows you how to pay less tax if you are non-resident or non-domiciled. It has just been published (March 2017) and is completely up to date.

Tax Planning for Non-Residents & Non Doms is essential reading for:-

• Anyone who wants to become non-resident and pay less income tax and capital gains tax.
• Non-domiciled individuals who want to make the most of their special tax status.
• Non-domiciled individuals who want to know all about the important changes coming in April 2017.
• Those looking for a plain English guide to the Statutory Residence Test.
• Anyone thinking about working or retiring abroad

What's New?

There have been numerous tax changes in this area in recent times:-

• UK Residential Property - The Government has decided to tax the capital gains of non-residents (previously tax free). Fortunately, only gains arising after April 2015 are taxed and there are things you can do to reduce the sting.
• Non-Domiciled Individuals - From 6 April 2017 a big package of tax reforms is being introduced. These are fully covered in the guide. Non Doms will still enjoy significant tax savings despite the changes.
• Statutory Residence Test - This new test makes it much easier to work out if you are non-UK resident and therefore able to enjoy special tax treatment.
• Temporary non-residence - The rules have been changed, which will affect those who want to realize tax-free capital gains or pay themselves big tax-free dividends or pension lump sums while temporarily non-resident.

These tax changes, and the tax planning opportunities surrounding them, are all covered in detail in the guide.