Tax Planning for Non-Residents & Non-Doms 2020/21

Publication date: November 2020

This unique tax guide shows you how to reduce your tax bill if you are non-UK resident or non-domiciled.

This year's edition has been completely updated with changes announced by the Government and HMRC because of the coronavirus situation.

Subjects covered include:

• All the latest tax changes affecting non-residents and non-doms
• How the Statutory Residence Test works... with lots of examples
• Income tax planning for non-residents, including the tax treatment of rental income, employment income, dividends, pensions and interest
• Capital gains tax (CGT) planning for non-residents, including the special rules for those selling UK property
• The temporary non-residence rules for those returning within 5 years
• How double tax treaties can affect your tax position
• Countries with low or zero income tax and capital gains tax
• How to save tax when you retire abroad or work abroad
• How non-domiciled individuals are taxed and how to work out where you are domiciled
• How non-doms can pay less income tax, capital gains tax and inheritance tax
• The tax benefits of offshore trusts