Farewell domicile, welcome long-term residence – the UK’s domicile regime has been abolished for tax purposes. The new residence-based system provides much more certainty for UK inheritance tax, and full freedom in some cases. Expatriates returning to the UK also benefit from the ‘FIG’ (foreign income and gains) tax regime.
Blevins Franks’ article explains how the new rules works and how expatriates could benefit from this reform:
Please note: The information provided is based upon our understanding of current legislation. It is not legal advice but is provided freely to enable you to be properly informed. We recommend that if you are considering taking action, you should seek professional advice.
How Can Citizens Advice Bureau Spain Benefit You?
As an expatriate living in Spain; do you find that the Spanish bureaucratic system
can be disconcerting? Have you discovered that the simplest of transactions are difficult to conclude?
Find yourself searching for answers to problems only to discover that there is nowhere where you could find a solution?
I am assuming that the answer is yes and that is why should be a member of our web site if you arent already.
