Tax Planning Service

The Statutory Residence Test is a set of rules determining an individual’s UK tax residency status. Understanding its implications is crucial for British expats to manage their tax obligations effectively.

Our knowledgeable advisors will assess your circumstances, considering factors such as days spent in the UK, ties to the country, and other relevant criteria.

We will provide expert guidance on how the Statutory Residence Test applies to you, ensuring compliance with tax laws, optimising your tax position, and minimising potential tax risks.

The Split Year Treatment is a special provision that can be advantageous for British expats returning to or leaving the UK within a tax year. It allows you to split the tax year into two parts: the period of UK residency and non-residency.

By utilising this treatment, you may be able to reduce your UK tax liability during the transitional period, providing tax savings and flexibility.

Our experienced advisors can assess your eligibility and guide you through the process, helping you maximise this beneficial tax provision.

Fulfilling your UK tax return obligations is crucial to avoid penalties and maintaining good standing with the tax authorities. As a British expat, you must file UK tax returns if you have UK-source income, rental properties, or other taxable assets.

Our dedicated team can assist you in preparing and filing your UK tax returns accurately and efficiently, ensuring compliance with the ever-changing tax regulations.

In addition, we provide comprehensive support, ensuring you claim all eligible deductions and allowances, minimising your tax liability.

Domicile of choice refers to choosing a new permanent residence in another country, while losing your UK domicile of origin involves severing ties with your UK domicile.

These concepts have implications for tax planning, particularly in relation to non-domicile tax rules. By establishing a new domicile and severing your UK domicile, you may become eligible for certain tax advantages, such as the remittance basis of taxation.

Our expert advisors can guide you through the process, helping you understand the impact on your tax planning and maximising tax efficiency based on your specific circumstances.

Double tax treaties are vital in managing international tax obligations for British expats. These agreements between countries help prevent double taxation, eliminate tax-related barriers, and clarify taxing rights.

By leveraging double tax treaties, you can avoid paying tax twice on the same income, benefit from reduced tax rates, and claim credits for taxes paid in other jurisdictions.

Our knowledgeable advisors will assess your specific circumstances, analyse applicable double tax treaties, and develop a comprehensive tax planning strategy that ensures you benefit from these agreements, minimises your tax liabilities, and optimises your global tax position.

Inheritance trust planning is essential for British expats who want to safeguard their wealth and ensure a smooth transfer of assets to their loved ones.

By establishing trusts, you can protect your assets from excessive taxes, potential disputes, and the complexities of cross-border regulations.

Our experienced advisors will work closely with you to understand your unique circumstances and goals, creating tailored inheritance trust structures that protect assets, minimise inheritance tax liabilities, and ensure your wealth is passed on according to your wishes.

Repatriation to the UK as a British expat involves various tax implications and considerations. For example, you may encounter challenges related to capital gains, income tax, and inheritance tax, among others.

Our expert team specialises in UK repatriation planning, helping you navigate the complex tax landscape, mitigate tax liabilities, and optimise your financial position.

We will develop a comprehensive plan tailored to your specific situation, ensuring a smooth transition back to the UK while minimising tax burdens and maximising the benefits available to you.

Exiting or selling a business as a British expat involves intricate tax considerations. It is crucial to employ effective tax planning strategies to optimise your financial outcome.

Our experienced advisors will assess your unique circumstances, business structure, and goals to develop a tailored tax planning approach.

This may involve options such as structuring the sale tax efficiently, utilising available allowances and exemptions, and exploring capital gains tax planning strategies.

By implementing these strategies, you can minimise tax liabilities, maximise your proceeds, and achieve a successful exit or sale.

Incorporating a tax-efficient property investment company offers numerous benefits for British expats.

By structuring your property investments through a company, you can potentially reduce tax liabilities, benefit from tax deductions and allowances, and enhance your overall investment returns.

Our expert advisors will guide you through incorporating a tax-efficient property investment company, ensuring compliance with regulations and maximising the tax advantages available.

This strategic approach can help you build a robust property portfolio while optimising your tax position and preserving wealth.

Tax considerations for offshore oil and gas workers can be complex due to the unique nature of their work and the international jurisdictions involved.

Our experienced advisors specialise in providing tax guidance tailored to the needs of offshore oil and gas workers.

We will assess your situation, considering factors such as your residency status, employment structure, and applicable tax treaties.

By leveraging our expertise, we will ensure you understand and meet your tax obligations, optimise your tax position, and maximise your income from this specialised industry.

Seafarers Earnings Deductions are a valuable tax relief for British expats working at sea. They allow you to reduce your taxable income and lower your overall tax liability.

Our knowledgeable advisors will guide you through the intricacies of Seafarers Earnings Deductions, ensuring you meet the eligibility criteria and maximise the available relief.

By leveraging this deduction, you can enjoy significant tax savings and enhance your financial well-being as a British expat in the maritime industry.

Mixed Fund Cleansing is a process that allows British expats with mixed offshore funds to segregate and simplify their funds for tax purposes.

Our experienced advisors specialise in Mixed Fund Cleansing and will assist you in understanding and managing this complex area of tax planning.

We will guide you through the necessary steps, ensuring compliance with reporting requirements and helping you resolve any potential tax issues.

By undertaking Mixed Fund Cleansing, you can achieve clarity in your offshore funds, resolve tax liabilities, and enhance your overall tax efficiency and peace of mind.

British expats have the opportunity to benefit from reduced rates on National Insurance Contributions and make back payments to safeguard their entitlements.

Our expert advisors will assist you in understanding the intricacies of National Insurance Contributions for expats, including the applicable rates and eligibility criteria.

We’ll guide you through making back payments to bridge any gaps in your contributions, ensuring you protect your entitlements to social security benefits.

By leveraging these options, you can optimise your National Insurance Contributions and secure your financial future.

Don’t miss out on the benefits you’re entitled to – let us help you navigate the complexities and make the most of your National Insurance Contributions.