Recent far-reaching changes to the UK tax regime will impact you if you’ll one day live in the UK.
For instance, if your father was a British domicile on the day that you were born, you will now be now regarded as British domiciled as soon as you become UK resident – regardless of how many years you’ve lived outside of the UK or whether you consider Hong Kong your home.
As a returning UK domicile all of your worldwide assets will immediately become subject to UK Capital Gains, Income tax and Inheritance tax.
Fortunately, the British tax system still provides major (and fully compliant) tax planning benefits to non-UK residents.
However, these must be put in place before you become tax resident in the UK. All of these tax planning structures are fully compliant with UK tax law.
Generally, the earlier and better you implement proper, compliant planning the more significantly you will reduce your future UK tax bills.
You should attend this seminar if you plan to live in the UK at any time in the future.
Many successful Australian expatriates have built a substantial net worth of assets and investments outside of Australia. Yet tax on foreign assets has historically been a bitter pill for wealthy Australians returning home.
But Australian taxation of foreign assets has recently changed.
Australian tax law now provides several major, fully compliant tax planning benefits to non- residents.
The appropriate structures to achieve these advantages must be put in place before you become tax resident in the Australia. Specifically, the earlier and better you plan the more significantly you can reduce your future Australian tax bills.
You should attend this seminar if you plan to return to Australia in the future.