UK Tax Residence Years of Arrival & Departure
Before you arrive in the UK or prior to departing are the times that you are most able to minimise your exposure to tax, both in the UK and your country of departure or destination. This is particularly so in relation to the timing of bringing funds into the UK or the realisation of assets.
Structuring your wealth tax efficiently
At Ritchie Phillips our expertise ranges from considering the detailed implications of the Statutory Residence Test in the UK to analysing the effects of Double Tax Treaties between the countries of arrival and departure.
By involving us before your relocation takes place, we can help you to explore the opportunities that exist to structure your wealth tax efficiently at a time when the issues are generally easier to address.
Please get in touch today, if you would like to discuss any of the above issues.