Have you considered your personal tax position when relocating to the United Kingdom?
The UK tax system can be both daunting and frustrating. There is so much to deal with when relocating but ignoring your personal tax position can be quite costly if you fail to organise your affairs efficiently.
This guide gives a general overview of some of the concepts that may be relevant to you and your family and suggest some tax planning opportunities that you may want to explore further.
Contents
- UK domestic rules
- Basis of taxation in the UK
- Rates and allowances
- UK tax rates
- Tax registration in the UK
- Income from employment
- Estate planning and Inheritance Tax (‘IHT’)
- Buying your home in the UK
- Should you use an offshore trust/company for other assets?
- UK visa schemes