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# Taxation of non-residents on UK income and assets
 
# Taxation of non-residents on UK income and assets
 
# Taxation of UK residents on foreign income and assets  
 
# Taxation of UK residents on foreign income and assets  
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# Other topics arising in this context, including tax avoidance, and disclosure and compliance
  
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It is the online version of the 2016/17 edition of [http://www.kessler.co.uk/taxation-of-foreign-domiciliaries/ ''Taxation of Non-Residents and Foreign Domiciliaries''] by [http://www.kessler.co.uk James Kessler QC] with some subsequent updating.
+
It is the online version of [https://www.kessler.co.uk/taxation-of-foreign-domiciliaries/ ''Taxation of Non-Residents and Foreign Domiciliaries''] by [https://www.kessler.co.uk James Kessler KC].
  
 
<div style="float: left; width: 33%">
 
<div style="float: left; width: 33%">
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<big>'''Contents'''</big>
 
<big>'''Contents'''</big>
  
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[http://www.foreigndomiciliaries.co.uk/index.php/Updates Updates]  
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[[Update]]
  
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[[Introduction]]
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:[[Introduction]]
  
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:1  [[Foreign Domicile: Tax Policy and Reforms]]
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:[[Dedication]]
  
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:2  [[Tax Avoidance: Public Debate]]
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:A1  [[FIG Relief/Abolition of Domicile]]
  
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:3  [[Domicile]]
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:'''''<span style="font-size:106%"><span style="color:navy">Non-dom Policy & Avoidance</span></span>'''''
  
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:4   [[Deemed Domicile]]
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:1   [[Mobile Individuals: Tax Policy]]
  
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:5   [[Residence of Individuals]]
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:2   [[Tax Avoidance]]
  
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:6   [[Residence of Trustees]]
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:3   [[Targeted Anti-Avoidance Rules (TAARs)]]
  
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:7  [[Treaty-Residence]]
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:'''''<span style="font-size:106%"><span style="color:navy">Domicile & Residence</span></span>'''''
  
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:8   [[Exit Taxes]]
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:4   [[Domicile]]  
  
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:9  [[Split Years: Arrival and Departure]]
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:5  [[Deemed Domicile]]
  
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:10  [[Temporary Non-residence: Post-2013 Departures]]
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:6  [[Residence of Individuals]]
  
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:10A  [[Temporary Non-residence: Pre-2013 Departures]]
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:7  [[Residence of Trustees]]
  
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:11  [[The Remittance Basis]]
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:8  [[Residence of Companies]]
  
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:12  [[The Meaning of Remittance]]
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:9  [[Treaty-Residence]]
  
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:13  [[Remittance Reliefs]]
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:10  [[Split Years]]
  
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:14 [[Mixed Funds]]
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:11 [[Temporary Non-residence]]
  
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:15 [[Income Categories and Sources]]
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:12 [[Exit Taxes]]
  
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:16 [[Trading Income]]
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:13 [[UK Arrival or Departure: Tax Checklist]]
  
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:17  [[Trading in Land]]
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:'''''<span style="font-size:106%"><span style="color:navy">Income Tax: Principles & Remittance Basis</span></span>'''''
  
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:18 [[Entertainers and Sportspeople]]
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:14 [[Income and its Categorisation]]  
  
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:19 [[Property Income]]
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:15 [[Income Recognition: Receive/Entitled/Arise/Paid]]
  
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:20 [[Deduction of interest from Property Income]]
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:16 [[Source/RFI/Territorial Principles]]  
  
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:21 [[Interest Income]]
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:17 [[The Remittance Basis]]
  
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:22 [[Exempt Interest of Non-Residents]]
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:18 [[The Meaning of Remittance]]
  
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:23 [[Dividend Income]]
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:19 [[Remittance Reliefs]]
  
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:24 [[Royalty Income]]
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:20 [[Mixed Funds]]
  
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:25  [[Misc Sweep-Up Income]]
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:'''''<span style="font-size:106%"><span style="color:navy">Income by Category</span></span>'''''
  
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:26 [[Employment Income]]
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:21 [[Trading Income]]
  
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:27 [[Travel Expenses: Employment Income Deduction]]
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:22 [[Trading in Land]]
  
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:28 [[PAYE]]
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:23 [[Performers]]
  
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:29 [[Employment Income: DT Relief]]
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:24 [[Property Income]]
  
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:30 [[Pension and Annuity Income]]
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:25 [[Deduction of interest from Property Income]]
  
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:31 [[Discretionary Trusts: Income Tax]]
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:26 [[Interest Income]]
  
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:32 [[IIP Trusts: Income Tax]]
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:27 [[Exempt Interest of Non-Residents]]
  
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:33 [[Settlor-interested Trusts]]
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:28 [[Accrued Income Profits]]
  
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:34 [[Transfer of Assets Abroad: Introduction]]
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:29 [[Deeply Discounted Securities]]
  
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:35 [[Transfer of Assets Abroad: Transferors]]
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:30 [[Dividend Income]]
  
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:36 [[Transfer of Assets Abroad: Non-transferors]]
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:31 [[Annual Payments]]
  
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:37 [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
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:32 [[Intellectual Property Income]]
  
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:38 [[Transfer of Assets Abroad: Motive Defence]]
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:33 [[Misc Sweep-Up Income]]
  
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:39 [[Life Policies and Contracts]]
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:34 [[Employment Income]]
  
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:40 [[Offshore Funds: Definition]]
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:35 [[Travel Expenses: Employment Income]]
  
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:41 [[Offshore Income Gains]]
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:36 [[PAYE]]
  
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:42 [[Income from Offshore Funds]]
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:37 [[Employment Income: DT Relief]]
  
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:43 [[Accrued Income Profits]]
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:38 [[Pension and Annuity Income]]
  
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:44 [[Deeply Discounted Securities]]
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:39 [[Benefit in Kind: Family Home and Chattels]]
  
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:45 [[Unit Trusts]]
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:40 [[Benefit in Kind: Loans from Non-Resident Companies]]
  
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:46  [[Intermediated Securities]]
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:'''''<span style="font-size:106%"><span style="color:navy">IT: General</span></span>'''''
  
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:47 [[Partnerships]]
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:41 [[Discretionary Trusts: Income Tax]]
  
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:48 [[Non-Residents Income Tax Relief]]
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:42 [[IIP Trusts: Income Tax]]
  
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:49 [[Collection of Tax from UK Representatives]]
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:43 [[Rates of Income Tax/CGT]]
  
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:50 [[Investment Manager Exemptions]]
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:44 [[Personal Allowances]]
  
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:51 [[Investment Management Fees & Carried Forward]]
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:45 [[Non-Residents Income Tax Relief]]
  
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:52 [[Loans from Non-Resident Companies]]
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:46 [[National Insurance Contributions]]
  
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:53  [[Rates of Tax]]
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:'''''<span style="font-size:106%"><span style="color:navy">IT Avoidance Codes</span></span>'''''
  
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:54 [[Personal Allowances and Annual Exemptions]]
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:47 [[Settlor-interested Trust Code]]
  
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:55 [[National Insurance Contributions]]
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:48 [[Transfer of Assets Abroad: Introduction]]
  
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:56 [[Gains of UK Residents]]
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:49 [[Transfer of Assets Abroad: Transferors]]
  
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:57 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
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:50 [[Transfer of Assets Abroad: Benefits]]
  
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:58 [[Capital Payments from Non-Resident Trusts: s.87]]
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:51 [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
  
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:59 [[Borrowing by Non-resident Trust: Sch 4B]]
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:52 [[Transfer of Assets Abroad: Motive Defence]]
  
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:60 [[Protected Trusts]]
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:53 [[Profit Fragmentation]]
  
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:61 [[Sub-Funds]]
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:54 [[Transfer of Income Streams]]
  
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:62 [[Gains of Non-Resident Companies]]
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:55 [[Transactions in Securities]]
  
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:63  [[Capital Losses]]
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:'''''<span style="font-size:106%"><span style="color:navy">Capital Gains Tax</span></span>'''''
  
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:64 [[Foreign Currency Issues]]
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:56 [[Chargeable Gains]]
  
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:65 [[Unremittable Assets]]
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:57 [[UK Property Held by Non-Residents]]
  
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:66  [[Double Taxation Arrangements: Introduction]]
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:58 [[Reorganisations]]
  
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:67 [[DTA Anti-abuse Rules]]
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:59 [[Residential Property: CGT]]
  
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:68 [[Foreign Tax Credit Relief]]
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:60 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
  
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:69 [[EU Law and UK Taxation]]
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:61 [[Capital Payments from Non-Resident Trusts: s.87 Code]]
  
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:70 [[Excluded Property: Definition]]
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:62 [[Borrowing by Non-Resident Trust: Sch 4B]]
  
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:71 [[Excluded Property Exemptions]]
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:63 [[Sub-Funds]]
  
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:72 [[Wills and IOVs]]
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:64 [[Gains of Non-Resident Companies]]
  
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:73 [[Reservation of Benefit]]
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:65 [[Capital Losses]]
  
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:74  [[Inter-Trust Transfers: IHT]]
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:'''''<span style="font-size:106%"><span style="color:navy">Funds</span></span>'''''
  
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:75 [[IHT Deduction for Debts]]
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:66 [[Funds: Terms & Concepts]]
  
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:76 [[IHT Double Taxation Treaties - Introduction]]
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:67 [[Offshore Income Gains]]
  
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:77 [[IHT DTAs: India, Pakistan, Italy, France]]
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:68 [[Income from Offshore Funds]]
  
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:78 [[IHT DTA: USA]]
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:69 [[Unit Trusts]]
  
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:79 [[IHT DTA: Switzerland]]
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:70 [[Life Policies and Contracts]]
  
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:80 [[IHT DTA: Netherlands]]
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:71 [[Intermediated Securities]]
  
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:81 [[Foreign IHT Credit Relief]]
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:72 [[Investment Manager Exemptions]]
  
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:82 [[Marriage to Non-dom or Non-resident]]
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:73 [[Investment Management Fees & Carried Interest]]
  
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:83  [[Private Residence Relief]]
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:'''''<span style="font-size:106%"><span style="color:navy">Inheritance Tax</span></span>'''''
  
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:84 [[Residential Property of Non-Residents: NRCGT]]
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:74 [[IHT Terms and Concepts]]
  
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:85 [[Family Home and Chattels: Benefit in Kind Charges]]
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:75 [[Excluded Property: Definition]]
  
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:86 [[Corporate Residential Property]]
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:76 [[Excluded Property Exemptions]]
  
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:87 [[Residential property: IHT]]
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:77 [[Wills and IOVs]]
  
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:88 [[Pre-Owned Assets]]
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:78 [[Reservation of Benefit]]
  
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:89 [[Joint Accounts]]
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:79 [[Inter-Trust Transfers: IHT]]
  
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:90 [[Estates of Deceased Persons: CGT]]
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:80 [[IHT Deduction for Debts]]
  
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:91 [[Estates of Deceased Persons: Income Tax]]
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:81 [[IHT Close-Company Code]]
  
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:92 [[Who is the Settlor?]]
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:82 [[IHT Residential Property Code]]
  
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:93 [[Trusts with Two or More Settlors]]
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:83 [[Pre-Owned Assets]]
  
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:94 [[Situs of Assets for IHT]]
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:84 [[Pension Schemes and IHT]]
  
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:95  [[Situs of Assets for CGT]]
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:'''''<span style="font-size:106%"><span style="color:navy">Entities</span></span>'''''
  
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:96 [[Foreign Entities]]
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:85 [[Partnerships]]
  
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:97 [[Hybrid Entities]]
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:86 [[Partnership Income: Attribution]]
  
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:98 [[Control Connected Close and Related Expressions]]
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:87 [[Settlement, Bare Trust, and Associated Terminology]]
  
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:99 [[Permanent Establishment and Branch/Agency]]
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:88 [[Estates of Deceased Persons: CGT]]
  
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:100 [[Disclosure and Compliance]]
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:89 [[Estates of Deceased Persons: Income Tax]]
  
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:101 [[Disclosure on Death ]]
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:90 [[Foreign Entities]]
  
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:102 [[Disclosure of Offshore Trusts]]
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:91  [[Hybrid Entities]]
  
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:103  [[Criminal Law and Professional Conduct]]
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:'''''<span style="font-size:106%"><span style="color:navy">Topics Affecting More Than One Tax</span></span>'''''
  
 +
:92  [[Protected Trusts]]
  
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:[[Appendix 1: Common Expressions]]
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:93  [[Non-Dom/Non-Resident Spouse]]
  
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:[[Appendix 2: Consideration, Arm's Length/Full Value]]
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:94  [[Joint Accounts]]
  
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:[[Appendix 3: Associated Operations: IHT]]
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:95  [[Foreign Currency Issues]]
  
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:[[Appendix 4: Construction of Deeming Provisions]]
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:96 [[Cryptoassets]]
  
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:[[Appendix 5: What Do We Mean by "Real"?]]
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:97  [[Unremittable Assets]]
  
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:[[Appendix 6: Parliamentarians]]
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:98  [[ATED and SDLT]]
  
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:[[Appendix 7: Visiting Forces]]
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:99  [[Who is the Settlor?]]
  
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:[[Appendix 8: How to Improve Residence and Domicile Taxation]]
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:100  [[Multiple Settlors]]
  
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:[[Appendix 9: Reform of Offshore Anti-avoidance Rules]]
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:101  [[Statutory Tax Indemnities]]
  
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:[[Appendix 10: UK Arrival or Departure: Tax Checklist]]
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:102  [[Situs of Assets for IHT]]
  
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:[[Appendix 11: Welsh Devolution]]
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:103 [[Situs of Assets for CGT]]
  
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</div>
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:104 [[Control Connected Close and Related Expressions]]
  
 +
:105 [[Participation & % Investment Tests]]
  
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<big>'''New 2017/18 edition out soon'''</big>
+
:106 [[Permanent Establishment and Branch/Agency]]
  
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The new 2017/18 edition of ''Taxation of Non-residents and Foreign Domiciliaries'' will be published online on 4 September 2017. The text will be based on the Finance Bill and draft domicile legislation published July 2017. 
+
:'''''<span style="font-size:106%"><span style="color:navy">Double Taxation Agreements IT/CGT</span></span>'''''
  
−
The printed edition of the book, based on the Finance (no.2) Act in its final form, will be published in early November, and the online edition will then be updated to the text of the published book. 
+
:107 [[Double Taxation Arrangements: Introduction]]
  
−
To maintain unbroken access to TFD online you will need to order a copy of the new edition with an online licence. To obtain the book, go to [http://www.khpplc.co.uk/products/91/Taxation-of-Non-Residents-and-Foreign-Domiciliaries the publishers online ordering]; to order a licence go to [http://www.khpplc.co.uk/products/82/Taxation-of-Non-Residents-and-Foreign-Domiciliaries-16th-Online-Edition online ordering] or [mailto:[email protected]?Subject=TFD%20online%20enquiry click here]
+
:108 [[DTA Anti-abuse Rules]]
  
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Licences for the current edition will not be valid from 4 September 2017 when the new edition is published.
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:109 [[Third Party Relief/Savings Clause]]
  
 +
:110 [[Limitation on Benefits]]
  
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<big>'''How to login'''</big>
+
:111 [[Credit for Foreign Tax]]
  
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Most of this site requires you [[Special:Userlogin|to login]].  To obtain a login licence:
+
:112 [[Non-discrimination]]
  
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:•  Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1)
+
:113 [[Mutual Agreement Procedure]]
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Double Taxation Agreements: IHT</span></span>'''''
 +
 
 +
:114 [[IHT Double Taxation Treaties: Introduction]]
 +
 
 +
:115 [[IHT DTAs: India, Pakistan, Italy, France]]
 +
 
 +
:116 [[IHT DTA: Netherlands]]
 +
 
 +
:117 [[IHT DTA: South Africa]]
 +
 
 +
:118 [[IHT DTA: Switzerland]]
 +
 
 +
:119 [[IHT DTA: USA]]
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 +
:120 [[Credit for Foreign IHT]]
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Administration</span></span>'''''
 +
 
 +
:121 [[Reporting and Compliance]]
 +
 
 +
:122 [[Tax Return Filing Position]]
 +
 
 +
:123 [[Claims]]
 +
 
 +
:124 [[Collection of IT/CGT from UK Representatives]]
 +
 
 +
:125 [[Reporting and Compliance: IHT]]
 +
 
 +
:126 [[Penalties]]
 +
 
 +
:127 [[Failure to Prevent Tax Evasion]]
 +
 
 +
:128 [[Common Reporting Standard]]
 +
 
 +
:129 [[Trust Registration (TRS)]]
 +
 
 +
:130 [[Customer Due Diligence]]
 +
 
 +
:131 [[Reporting Offshore Trusts]]
 +
 
 +
:132 [[International Movement of Capital: Reports]]
 +
 
 +
:133 [[Money Laundering: POCA]]
 +
 
 +
 
 +
:'''<big>Appendices</big>'''
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Words & Concepts</span></span>'''''
 +
 
 +
:[[Appendix 1 Words of Dispute]]
 +
 
 +
:[[Appendix 2 Common Legal Expressions]]
 +
 
 +
:[[Appendix 3 Family Terminology]]
 +
 
 +
:[[Appendix 4 Consideration/Arm's Length/Full Value]]
 +
 
 +
:[[Appendix 5 Commercial/View to Profit]]
 +
 
 +
:[[Appendix 6 Beneficial Ownership/Entitlement]]
 +
 
 +
:[[Appendix 7 What Do We Mean by "Real"]]
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Construction of Statutes</span></span>'''''
 +
 
 +
:[[Appendix 8 Deeming Provisions]]
 +
 
 +
:[[Appendix 9 Purpose of Statute]]
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Special Taxpayers</span></span>'''''
 +
 
 +
:[[Appendix 10 Parliamentarians]]
 +
 
 +
:[[Appendix 11 Visiting Forces]]
 +
 
 +
:[[Appendix 12 Students and Teachers]]
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Tax Reform</span></span>'''''
 +
 
 +
:[[Appendix 13 How to Improve Residence and Domicile Taxation]]
 +
 
 +
:[[Appendix 14 Reform of Offshore Anti-avoidance Law]]
 +
 
 +
:[[Appendix 15 Citizenship-based Taxation]]
 +
 
 +
:[[Appendix 16 The Wisdom of Parliament]]
 +
 
 +
 
 +
</div>
 +
 
 +
 
 +
<big>'''2024/25 edition'''</big>
 +
 
 +
The 2024/25 edition of ''Taxation of Non-Residents and Foreign Domiciliaries'' is available online.  The paper form will follow in June.
 +
 
 +
To access TFD online, you will need an online licence. To obtain this, go to
 +
[https://www.khpplc.co.uk/ the publishers website] or email [mailto:[email protected]?Subject=TFD%20online [email protected]] Licences for previous editions are not valid for the current edition.
 +
 
 +
If you are an academic, student or other non-tax practitioner who wants access for research purposes, [mailto:[email protected]?Subject=TFD%20online contact James Kessler]
 +
 
 +
<big>'''How to login'''</big>
  
−
:• You may purchase a single or multiple user licence:  To obtain these, go to the publishers online ordering [http://www.khpplc.co.uk/products/82/Taxation-of-Non-Residents-and-Foreign-Domiciliaries-15th-Online-Edition here (book)] and [http://www.khpplc.co.uk/products/82/Taxation-of-Non-Residents-and-Foreign-Domiciliaries-15th-Online-Edition here (licence)].  For multiple user licence [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
+
Most of this site requires you [[Special:Userlogin|to login]]. You may purchase a single or multiple user licence:  To obtain these [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
  
−
:•  If you have not (yet) bought the book associated with this site, [http://www.kessler.co.uk/taxation-of-foreign-domiciliaries/ ''Taxation of Non-Residents and Foreign Domiciliaries''], you may [[Special:Userlogin|register for a free one day trial]]. There is no charge for a one day trial, but if you find the site useful, and wish to express support or thanks, the author invites you to [http://www.justgiving.com/jameskessler/ make a donation to the charity Water Aid].
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Without logging in, you can access:
  
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:•  Without logging in, you can access: chap 1 [[Foreign Domicile: Tax Policy and Reforms]]; chap 2 [[Wake Up and Smell the Coffee: Public Debate on Tax Avoidance]]; chap 11A [[Temporary Non-residence: Pre-2013 Departures]]; chap 99 [[Client Notification Regulations]].
+
Chapter A1 [[FIG Relief/Abolition of Domicile]]<br/>Chapter 1 [[Mobile Individuals: Tax Policy]]<br/>Chapter 2 [[Tax Avoidance]]
  
 
You enter this site once you have registered and [[Special:Userlogin| logged in]] by clicking on the index on the left, or you can search the text.
 
You enter this site once you have registered and [[Special:Userlogin| logged in]] by clicking on the index on the left, or you can search the text.
  
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You need to register with the password for the current edition. Registration for an earlier edition is not valid.
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You need to register for the current edition. Registration for an earlier edition is no longer valid.
  
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<big>'''How to comment'''</big>
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<big>'''Comments please'''</big>
  
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Users can also [[contribute to the text]] and if you can add anything extra which is worth saying, or spot anything that needs to be corrected, please do!. A copy of the next edition of the book will be given to the user who makes the most edits.  User contributions are reviewed by [http://www.taxchambers.com/barrister/oliver-marre/ Oliver Marre].   
+
Users can also [[contribute to the text]] and if you can add anything, or spot anything that needs to be corrected, please do!  A copy of the next edition of the book will be given to the user who makes the most edits.  User contributions are reviewed by [https://www.taxchambers.com/team/rebecca-sheldon/ Rebecca Sheldon].   
  
 
<big>'''If you want further advice'''</big>
 
<big>'''If you want further advice'''</big>
  
−
If you do not find the answer to your question here, or if you want advice on which you can legally rely, you may instruct James Kessler QC to advise.  See [[How to instruct James Kessler QC]].
+
If you do not find the answer to your question here, or if you want advice on which you can legally rely, you may instruct James Kessler KC or other members of his chambers to advise.  See [[How to instruct James Kessler KC]].
  
 
<big>'''Archive editions'''</big>
 
<big>'''Archive editions'''</big>
  
−
There are [[archive editions]] for years since 2003/04.  These will occasionally be useful to investigate the tax position in earlier years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.
+
There are [[archive editions]] for years since 2003/04.  These will be useful to investigate the tax position in earlier years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.  
  
 
<big>'''Contact '''</big>
 
<big>'''Contact '''</big>
Line 291: Line 398:
 
If you have technical problems, or problems logging in, [mailto:[email protected]?Subject=TFD%20Technical%20query click here]
 
If you have technical problems, or problems logging in, [mailto:[email protected]?Subject=TFD%20Technical%20query click here]
  
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To contact James Kessler QC [mailto:[email protected]?Subject=TFD%20online click here]
+
To contact James Kessler KC [mailto:[email protected]?Subject=TFD%20online click here]
  
−
To contact Oliver Marre, who reviews online contributions, [mailto:OliverMarre@15oldsquare.co.uk?Subject=TFD%20contact%20moderator%20request click here]
+
To contact Rebecca Sheldon, who reviews online contributions, [mailto:RebeccaSheldon@15oldsquare.co.uk?Subject=TFD%20contact%20moderator%20request click here]
  
 
For multiple user licences, or to install on a firm's intranet, [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
 
For multiple user licences, or to install on a firm's intranet, [mailto:[email protected]?Subject=TFD%20contact%20publisher%20request%20multiple%20user%20licences contact the publishers].
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<big>'''Technical notes'''</big>
 
<big>'''Technical notes'''</big>
  
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TFD online is in technical terms a [http://en.wikipedia.org/wiki/Wiki Wiki] on the lines of [http://en.wikipedia.org Wikipedia], but only registered users can edit the text.
+
TFD online is a [http://en.wikipedia.org/wiki/Wiki Wiki] on the lines of [http://en.wikipedia.org Wikipedia], but only registered users can edit the text.
 +
 
 +
 
 +
<big>'''TFD Resource Archive'''</big>
  
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Site hosting and management by [http://www.highwiredesign.com: Highwire] </big>
+
To access the TFD reference material, click here: [[TFD Resource Archive]]

Latest revision as of 09:21, 9 April 2024

This site provides comprehensive information about:

  1. Taxation of foreign domiciliaries
  2. Taxation of non-residents on UK income and assets
  3. Taxation of UK residents on foreign income and assets
  4. Other topics arising in this context, including tax avoidance, and disclosure and compliance

It is the online version of Taxation of Non-Residents and Foreign Domiciliaries by James Kessler KC.


Contents

Update

Introduction
Dedication
A1 FIG Relief/Abolition of Domicile
Non-dom Policy & Avoidance
1 Mobile Individuals: Tax Policy
2 Tax Avoidance
3 Targeted Anti-Avoidance Rules (TAARs)
Domicile & Residence
4 Domicile
5 Deemed Domicile
6 Residence of Individuals
7 Residence of Trustees
8 Residence of Companies
9 Treaty-Residence
10 Split Years
11 Temporary Non-residence
12 Exit Taxes
13 UK Arrival or Departure: Tax Checklist
Income Tax: Principles & Remittance Basis
14 Income and its Categorisation
15 Income Recognition: Receive/Entitled/Arise/Paid
16 Source/RFI/Territorial Principles
17 The Remittance Basis
18 The Meaning of Remittance
19 Remittance Reliefs
20 Mixed Funds
Income by Category
21 Trading Income
22 Trading in Land
23 Performers
24 Property Income
25 Deduction of interest from Property Income
26 Interest Income
27 Exempt Interest of Non-Residents
28 Accrued Income Profits
29 Deeply Discounted Securities
30 Dividend Income
31 Annual Payments
32 Intellectual Property Income
33 Misc Sweep-Up Income
34 Employment Income
35 Travel Expenses: Employment Income
36 PAYE
37 Employment Income: DT Relief
38 Pension and Annuity Income
39 Benefit in Kind: Family Home and Chattels
40 Benefit in Kind: Loans from Non-Resident Companies
IT: General
41 Discretionary Trusts: Income Tax
42 IIP Trusts: Income Tax
43 Rates of Income Tax/CGT
44 Personal Allowances
45 Non-Residents Income Tax Relief
46 National Insurance Contributions
IT Avoidance Codes
47 Settlor-interested Trust Code
48 Transfer of Assets Abroad: Introduction
49 Transfer of Assets Abroad: Transferors
50 Transfer of Assets Abroad: Benefits
51 Transfer of Assets Abroad: Relief from Overlapping Charges
52 Transfer of Assets Abroad: Motive Defence
53 Profit Fragmentation
54 Transfer of Income Streams
55 Transactions in Securities
Capital Gains Tax
56 Chargeable Gains
57 UK Property Held by Non-Residents
58 Reorganisations
59 Residential Property: CGT
60 Gains of Non-Resident Settlor-Interested Trusts: s.86
61 Capital Payments from Non-Resident Trusts: s.87 Code
62 Borrowing by Non-Resident Trust: Sch 4B
63 Sub-Funds
64 Gains of Non-Resident Companies
65 Capital Losses
Funds
66 Funds: Terms & Concepts
67 Offshore Income Gains
68 Income from Offshore Funds
69 Unit Trusts
70 Life Policies and Contracts
71 Intermediated Securities
72 Investment Manager Exemptions
73 Investment Management Fees & Carried Interest
Inheritance Tax
74 IHT Terms and Concepts
75 Excluded Property: Definition
76 Excluded Property Exemptions
77 Wills and IOVs
78 Reservation of Benefit
79 Inter-Trust Transfers: IHT
80 IHT Deduction for Debts
81 IHT Close-Company Code
82 IHT Residential Property Code
83 Pre-Owned Assets
84 Pension Schemes and IHT
Entities
85 Partnerships
86 Partnership Income: Attribution
87 Settlement, Bare Trust, and Associated Terminology
88 Estates of Deceased Persons: CGT
89 Estates of Deceased Persons: Income Tax
90 Foreign Entities
91 Hybrid Entities
Topics Affecting More Than One Tax
92 Protected Trusts
93 Non-Dom/Non-Resident Spouse
94 Joint Accounts
95 Foreign Currency Issues
96 Cryptoassets
97 Unremittable Assets
98 ATED and SDLT
99 Who is the Settlor?
100 Multiple Settlors
101 Statutory Tax Indemnities
102 Situs of Assets for IHT
103 Situs of Assets for CGT
104 Control Connected Close and Related Expressions
105 Participation & % Investment Tests
106 Permanent Establishment and Branch/Agency
Double Taxation Agreements IT/CGT
107 Double Taxation Arrangements: Introduction
108 DTA Anti-abuse Rules
109 Third Party Relief/Savings Clause
110 Limitation on Benefits
111 Credit for Foreign Tax
112 Non-discrimination
113 Mutual Agreement Procedure
Double Taxation Agreements: IHT
114 IHT Double Taxation Treaties: Introduction
115 IHT DTAs: India, Pakistan, Italy, France
116 IHT DTA: Netherlands
117 IHT DTA: South Africa
118 IHT DTA: Switzerland
119 IHT DTA: USA
120 Credit for Foreign IHT
Administration
121 Reporting and Compliance
122 Tax Return Filing Position
123 Claims
124 Collection of IT/CGT from UK Representatives
125 Reporting and Compliance: IHT
126 Penalties
127 Failure to Prevent Tax Evasion
128 Common Reporting Standard
129 Trust Registration (TRS)
130 Customer Due Diligence
131 Reporting Offshore Trusts
132 International Movement of Capital: Reports
133 Money Laundering: POCA


Appendices
Words & Concepts
Appendix 1 Words of Dispute
Appendix 2 Common Legal Expressions
Appendix 3 Family Terminology
Appendix 4 Consideration/Arm's Length/Full Value
Appendix 5 Commercial/View to Profit
Appendix 6 Beneficial Ownership/Entitlement
Appendix 7 What Do We Mean by "Real"
Construction of Statutes
Appendix 8 Deeming Provisions
Appendix 9 Purpose of Statute
Special Taxpayers
Appendix 10 Parliamentarians
Appendix 11 Visiting Forces
Appendix 12 Students and Teachers
Tax Reform
Appendix 13 How to Improve Residence and Domicile Taxation
Appendix 14 Reform of Offshore Anti-avoidance Law
Appendix 15 Citizenship-based Taxation
Appendix 16 The Wisdom of Parliament



2024/25 edition

The 2024/25 edition of Taxation of Non-Residents and Foreign Domiciliaries is available online. The paper form will follow in June.

To access TFD online, you will need an online licence. To obtain this, go to the publishers website or email [email protected] Licences for previous editions are not valid for the current edition.

If you are an academic, student or other non-tax practitioner who wants access for research purposes, contact James Kessler

How to login

Most of this site requires you to login. You may purchase a single or multiple user licence: To obtain these contact the publishers.

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Chapter A1 FIG Relief/Abolition of Domicile
Chapter 1 Mobile Individuals: Tax Policy
Chapter 2 Tax Avoidance

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Comments please

Users can also contribute to the text and if you can add anything, or spot anything that needs to be corrected, please do! A copy of the next edition of the book will be given to the user who makes the most edits. User contributions are reviewed by Rebecca Sheldon.

If you want further advice

If you do not find the answer to your question here, or if you want advice on which you can legally rely, you may instruct James Kessler KC or other members of his chambers to advise. See How to instruct James Kessler KC.

Archive editions

There are archive editions for years since 2003/04. These will be useful to investigate the tax position in earlier years, but the current edition will generally be the best starting point, as that has been written in the light of current HMRC guidance, and further thought and research.

Contact

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Technical notes

TFD online is a Wiki on the lines of Wikipedia, but only registered users can edit the text.


TFD Resource Archive

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