Tax Planning for Domiciled and Non-Domiciled Individuals

Tax Planning for Domiciled and Non-Domiciled Individuals addresses the major UK tax issues, primarily capital gains, income and inheritance tax, that affect personal tax planning for both the UK and non-UK domiciled individual. The book uses numerous worked practical examples to demonstrate the relevant tax principles in practice. Topics covered include domicile, residence, wills, trusts, double tax agreements and offshore matters.

• Highlights key principles relevant to domestic tax practice with annual budget and Finance Act updates
• Incorporates Budget 2012
• Covers the key tenets of tax planning: Capital Gains, Income and Inheritance
• Each chapter uses real life scenarios to demonstrate the law in practice
• Discusses the impact of ground breaking decisions on current and future law, eg Stack v Dowden
• Part I Provides an overview of the UK tax system and then examines the issue of domicile and residence
• Part II concentrates on the two major capital taxes, namely capital gains and inheritance
• Part III concentrates on the major topic of trusts, both UK and non-UK resident
• Part IV is topic driven and looks at the tax treatment of common types of investment and the main issues in relation to an individual’s residence
• Part V is devoted exclusively to international tax issues including non-UK resident taxation; accessing offshore monies; the use and role of offshore financial centres; double tax agreements and the EU savings Directive.