Course contents

As more clients consider living or working outside the UK, the tax implications of such a move are vitally important. The course covers:

    The statutory residence tests
  • Definition of residence and domicile
  • Tax-planning opportunities for non-domiciles and periods spent abroad
  • Tax treatment of offshore investments and properties
  • Planning for departures and timing of return visits
  • CGT implications
  • Transfer of assets abroad
  • Tax exemptions and reliefs
  • Interaction with IR35 for contractors
  • Tax consideration of the principal residence while abroad
  • Remittance basis
  • Rental income and other UK-based income derived during the period abroad
  • Amnesties
  • Companies trading abroad either as subsidiary or a branch

The course will look at the tax aspects that affect both companies and individuals.

Kevin Read's course in May will cover:

  • The statutory residence tests introduced in FA 2013, includingAutomatic overseas residence - Automatic UK residence - When ‘UK ties’ combine with day count to determine residence - Related planning (e.g. over timing of visits) - When split-year treatment is available - Anti-avoidance for temporary non-residents
  • The difficulties in establishing a client’s domicile status
  • Impact of residence and domicile status on UK tax liabilities
  • Rental income and other UK-based income derived during a period of non-residence
  • CGT implications for non-residentsTaxing gains on UK residential property - Calculations and compliance -Planned extension of the rules to UK commercial property - Impact of non-residence on PPR elections -PPR planning for non-resident couples -
  • Companies trading abroad - Subsidiary or branch? -Importance of the ‘permanent establishment’ concept
  • IR35 and off-payroll working issues where the contractor, intermediary or client is non-resident
  • HMRC disclosure facilities where there has been non-compliance
Course type
Working overseas