In this section we include all articles that relate to tax planning for traders & investors involving non UK residence.

Latest Non Resident Articles New CGT rules and how they apply to non residents and non doms As we all know the maximum CGT rate has increased substantially for disposals after 22 June 2010. However, the recent Finance Bill has produced some useful clarifications on the transitional rules that will apply, in particular when disposals are treated as arising before or after 23 June 2010. This is clearly crucial in assessing whether gains will be charged at 18% or 28%. . . . keep reading Moving abroad to avoid the 50% rate of income tax The highest 'official' rate of income tax has increased to 50% as from 6 April 2010 (although there is a 60% effective income tax rate on income between £110K-£113K). In this article we assess how moving abroad can allow you to avoid the new 50% rate of income tax . . . keep reading Non residence in 2010 after Gaines Cooper As many traders and investors consider moving abroad and establishing non UK tax residence at some point, the Gaines Cooper decsions are potentially important reading. In this article we look at establishing non residence in 2010 . . . keep reading Transferring a pension fund abroad Before 6 April 2006 it was very difficult to transfer your pension overseas but the pension changes also brought with them 'Qualifying Recognised Overseas Pension Schemes. This article looks at QROPS and how they can be used to transfer UK pensions and reduce UK tax. . . . keep reading Traders & Investors Returning To The UK After Living Overseas When you return to live in the UK after living and/or working overseas you'll need to pay careful attention to the tax position, particularly in relation to your investments. In this article we look in detail at the tax position for investors and traders returning to the UK . . . keep reading Going overseas to avoid CGT on UK investments and ensuring you correctly establish non UK residence If you've stocks or other financial assets standing at a substantial capital gain, moving overseas to avoid CGT may be a very attractive tax reduction strategy. The key element in avoiding CGT though is to ensure you establish non residence status and also meet the anti avoidance rules. This article looks at how you could move overseas to avoid CGT on shares, CFD's, Options and other financial assets . . . keep reading Tax Planning for financial traders planning on losing UK residence in the future Speak to many traders and investors and quite a few will be looking to leave the UK in the future. Usually when they've made a large enough profit from their trading or investing activities. If you you're leaving the UK there are lots of tax planning advantages which we've looked at in other articles. However is there anything that you could do now (ie whilst UK resident) to reduce your taxes that can take account of the fact you are going to leave the Uk in the future? . . . keep reading Tie Breaker Clauses and Establishing Residence Overseas If you're looking to leave the UK and establish non UK residence under the terms of a double tax treaty, the chances are you'll need to utilise the tie breaker rules to establish treaty residence overseas. This article looks at the interpretation of the tie breaker rules and how they apply to traders looking to establish non UK residence . . . keep reading Making the most of non resident status to avoid CGT on shares, forex and futures Anyone looking to return to the UK should carefully consider there position in respect of any assets that they own. It's frequently the case that they own shares and other investments standing at a considerable gain. The question then is should they be sold before or after a return to the UK? . . . keep reading Taking your share trading company offshore If you trade in shares or other financial assets through a UK company you may be wondering whether you have any offshore opportunities to reduce corporation tax. In particular we're often asked whether you can migrate your company overseas and take it outside the scope of UK corporation tax. In this article we look at how UK company owners can take UK companies outside the scope of UK corporation tax . . . keep reading What traders and investors need to know when they leave the UK to avoid UK taxes Many people, including a substantial number of traders and investors are looking to leave the UK in the next few years. It's essential that they are aware of the tax implications of moving abroad and of any tax structuring options available. In this article we look at the UK tax implications of moving abroad . . . keep reading Why establishing tax treaty residence abroad can be useful for traders looking to avoid UK income tax Establishing non residence can be very beneficial in terms of reducing UK tax on trading profits and investment gains. However, even if you can't establish non UK residence you may be able to establish treaty residence abroad. This article looks at treaty residence for trader and investors and how it can apply to reduce their UK tax liabilities . . . keep reading Tax treatment of non resident traders & investors using UK bank accounts Traders that are non UK resident may well have a number of bank and trading accounts both in the UK and overseas. This could include trading accounts in your own name, bank/current accounts in your name, savings accounts as well as bank accounts in the name of any corporate entities you use to trade. In this article we look at the tax implications of non resident traders and investors using a UK bank account . . . keep reading How to avoid CGT on shares and investments AND spend less than 5 years abroad Many investors look to move abroad to avoid capital gains tax on UK investments such as shares, futures, forex etc. Saving CGT at the current rate of 18% can amount to a significant sum. One of the drawbacks to moving abroad to avoid CGT is that that there is a general requirement to remain abroad for at least five complete tax years. In this article we look at the cases where you can avoid CGT without needing to be non resident for 5 tax years . . . keep reading How to be a 'tax exile trader' Many traders are keen to escape UK taxes, particularly income tax which will reach 50% from April 2010. Moving abroad and establishing themselves as a tax exile is in many ways one of the most straightforward options for avoiding UK taxes. This article looks at the opportunities for UK traders and investors to avoid UK taxes by becoming tax exiles . . . keep reading The tax benefits for traders & investors establishing treaty residence abroad We've looked at establishing non UK residence in various other articles, but tax treaty residence is completely different. Even if you're classed as UK resident for the purposes of UK tax law this doesn't stop you from being classed as resident abroad under the terms of a double tax treaty. This article looks at how to establish treaty residence abroad and the tax benefits that can arise to traders and investors . . . keep reading Transferring UK shares or other investments to a non resident spouse to avoid CGT Regular readers will be well aware of the massive benefits to be gained from disposing of shares whilst non UK resident and non UK ordinarily resident. You'll probably also be aware of the tax exemption for transfers between spouses - but what about when you combine the two? This article looks at the possibility of transferring shares, forex, futures or other investments to a non UK resident spouse and then selling free of CGT . . . keep reading Do traders and investors have to pay tax somewhere? Because of the nature of online trading it's possible to live pretty much anywhere and carry out your trades remotely. This raises some interesting opportunities in terms of tax planning. One of the obvious opportunities is to move abroad to avoid UK tax. But what if you wanted to avoid tax completely? Could you be exempt from UK taxes both in the UK and overseas on your trading/investment activities? . . . keep reading Tax Planning: Forex Investing with an Offshore Broker Anyone investing in Forex will be looking at reducing their UK tax liabilities if they are UK residents. One of the common questions is whether using an offshore broker can assist in reducing any UK capital gains tax charge? This article looks at the tax implications of using an offshore broker for forex investors . . . keep reading Why financial traders and investors should establish residence abroad under a tax treaty If you're a trader or investor in forex, shares, CFD's or futures and are looking to move abroad to avoid UK taxes, establishing treaty residence overseas could certainly make this much easier. In this article we look at exactly how treaty residence can assist in ensuring that traders and investors can avoid UK income & capital gains tax. . . . keep reading