London,
12
November
2015
|
10:00
Europe/Amsterdam

residence and domicile: an introduction

Your liability to income tax and capital gains tax (CGT) depends on whether you are resident and domiciled in the UK.

If you are resident in the UK you will be liable to income tax on your worldwide income. However, if you are a non-UK resident, you would only be liable to income tax on income generated in the UK.

If you are resident in the UK but domiciled abroad, you may be able to organise your affairs so you do not pay tax in the UK on income and capital gains arising in another jurisdiction.

For an introduction to how residence and domicile issues could affect you, download our brochure below.

 

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photo:Liz Palmer
Liz Palmer
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