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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 [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].   
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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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[[Update]]
 
[[Update]]
  
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[[Introduction]]
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:[[Introduction]]
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:[[Dedication]]
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:A1  [[FIG Relief/Abolition of Domicile]]
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:'''''<span style="font-size:106%"><span style="color:navy">Non-dom Policy & Avoidance</span></span>'''''
  
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:1  [[Foreign Domicile: Tax Policy]]
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:1  [[Mobile Individuals: Tax Policy]]
  
 
:2  [[Tax Avoidance]]
 
:2  [[Tax Avoidance]]
  
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:3  [[Domicile]]  
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:3  [[Targeted Anti-Avoidance Rules (TAARs)]]
  
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:4  [[Deemed Domicile]]
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:'''''<span style="font-size:106%"><span style="color:navy">Domicile & Residence</span></span>'''''
  
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:5   [[Residence of Individuals]]
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:4   [[Domicile]]  
  
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:6   [[Residence of Trustees]]
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:5   [[Deemed Domicile]]
  
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:7   [[Treaty-Residence]]
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:6   [[Residence of Individuals]]
  
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:8   [[Exit Taxes]]
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:7   [[Residence of Trustees]]
  
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:9  [[Split Years: Arrival and Departure]]
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:8  [[Residence of Companies]]
  
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:10  [[Temporary Non-residence]]
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:9  [[Treaty-Residence]]
  
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:11  [[The Remittance Basis]]
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:10  [[Split Years]]
  
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:12 [[The Meaning of Remittance]]
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:11 [[Temporary Non-residence]]
  
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:13 [[Remittance Reliefs]]
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:12 [[Exit Taxes]]
  
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:14 [[Mixed Funds]]
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:13 [[UK Arrival or Departure: Tax Checklist]]
  
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:15  [[Income Categories and Sources]]
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:'''''<span style="font-size:106%"><span style="color:navy">Income Tax: Principles & Remittance Basis</span></span>'''''
  
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:16 [[Trading Income]]
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:14 [[Income and its Categorisation]]  
  
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:17 [[Trading in Land]]
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:15 [[Income Recognition: Receive/Entitled/Arise/Paid]]
  
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:18 [[Entertainers and Sportspeople]]
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:16 [[Source/RFI/Territorial Principles]]  
  
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:19 [[Property Income]]
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:17 [[The Remittance Basis]]
  
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:20 [[Deduction of interest from Property Income]]
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:18 [[The Meaning of Remittance]]
  
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:21 [[Interest Income]]
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:19 [[Remittance Reliefs]]
  
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:22 [[Exempt Interest of Non-Residents]]
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:20 [[Mixed Funds]]
  
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:23  [[Dividend Income]]
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:'''''<span style="font-size:106%"><span style="color:navy">Income by Category</span></span>'''''
  
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:24 [[Royalty Income]]
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:21 [[Trading Income]]
  
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:25 [[Misc Sweep-Up Income]]
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:22 [[Trading in Land]]
  
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:26 [[Employment Income]]
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:23 [[Performers]]
  
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:27 [[Travel Expenses: Employment Income]]
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:24 [[Property Income]]
  
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:28 [[PAYE]]
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:25 [[Deduction of interest from Property Income]]
  
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:29 [[Employment Income: DT Relief]]
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:26 [[Interest Income]]
  
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:30 [[Pension and Annuity Income]]
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:27 [[Exempt Interest of Non-Residents]]
  
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:31 [[Discretionary Trusts: Income Tax]]
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:28 [[Accrued Income Profits]]
  
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:32 [[IIP Trusts: Income Tax]]
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:29 [[Deeply Discounted Securities]]
  
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:33 [[Settlor-interested Trust Code]]
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:30 [[Dividend Income]]
  
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:34 [[Transfer of Assets Abroad: Introduction]]
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:31 [[Annual Payments]]
  
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:35 [[Transfer of Assets Abroad: Transferors]]
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:32 [[Intellectual Property Income]]
  
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:36 [[Transfer of Assets Abroad: Benefits]]
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:33 [[Misc Sweep-Up Income]]
  
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:37 [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
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:34 [[Employment Income]]
  
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:38 [[Transfer of Assets Abroad: Motive Defence]]
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:35 [[Travel Expenses: Employment Income]]
  
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:39 [[Life Policies and Contracts]]
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:36 [[PAYE]]
  
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:40  [[Offshore Funds: Definition]]
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:36A [[Disguised Remuneration]]
  
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:41  [[Offshore Income Gains]]
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:36B [[Employer-Financed Retirement Benefits Scheme]]
  
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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 [[Loans from 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 Interest]]
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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 Exemption]]
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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 Trust Reliefs]]
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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 [[ATED Taxes]]
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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 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: Allocation]]
  
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:98  [[Control Connected Close and Related Expressions]]
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:86A [[Salaried Members Code]]
  
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:99  [[Permanent Establishment and Branch/Agency]]
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:86B [[Partnerships CGT]]
  
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:100 [[Disclosure and Compliance]]
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:87 [[Settlement, Bare Trust, and Associated Terminology]]
  
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:101 [[Disclosure on Death ]]
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:88 [[Estates of Deceased Persons: CGT]]
  
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:102 [[Disclosure of Offshore Trusts]]
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:89  [[Estates of Deceased Persons: Income Tax]]
  
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:103 [[Criminal Law and Professional Conduct]]
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:90 [[Foreign Entities]]
  
 +
:91  [[Hybrid Entities]]
  
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:[[Appendix 1: Common Expressions]]
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:'''''<span style="font-size:106%"><span style="color:navy">Topics Affecting More Than One Tax</span></span>'''''
  
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:[[Appendix 2: Consideration, Arm's Length/Full Value]]
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:92  [[Protected Trusts]]
  
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:[[Appendix 3: Associated Operations: IHT]]
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:93  [[Non-Dom/Non-Resident Spouse]]
  
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:[[Appendix 4: Construction of Deeming Provisions]]
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:94  [[Joint Accounts]]
  
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:[[Appendix 5: What Do We Mean by "Real"?]]
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:95  [[Foreign Currency Issues]]
  
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:[[Appendix 6: Parliamentarians]]
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:96 [[Cryptoassets]]
  
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:[[Appendix 7: Visiting Forces]]
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:97  [[Unremittable Assets]]
  
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:[[Appendix 8: How to Improve Residence and Domicile Taxation]]
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:98  [[ATED and SDLT]]
  
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:[[Appendix 9: Reform of Offshore Anti-avoidance Rules]]
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:99  [[Who is the Settlor?]]
  
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:[[Appendix 10: UK Arrival or Departure: Tax Checklist]]
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:100  [[Multiple Settlors]]
  
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:[[Appendix 11: Welsh Devolution]]
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:101  [[Statutory Tax Indemnities]]
  
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:[[Appendix 12: The Wisdom of Parliament]]
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:102  [[Situs of Assets for IHT]]
  
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</div>
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:103 [[Situs of Assets for CGT]]
  
 +
:104 [[Control Connected Close and Related Expressions]]
  
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<big>'''New 2018/19 edition coming shortly'''</big>
+
:105 [[Participation & % Investment Tests]]
  
−
The new 2018/19 edition of the book will go to the printers shortly, and should be available at the end of April.
+
:106 [[Permanent Establishment and Branch/Agency]]
  
−
Work has begun to update the online text to the text of the 2018/19 edition of the book. While this work is in progress, chapters which have/have not been updated will be clearly marked.
+
:'''''<span style="font-size:106%"><span style="color:navy">Double Taxation Agreements IT/CGT</span></span>'''''
  
−
To order copies of the new edition, and online licences for 2018/19 [mailto:[email protected]?Subject=TFD%20enquiry contact the publishers].
+
:107 [[Double Taxation Arrangements: Introduction]]
  
−
There is a special arrangement for holders of licences for the 2017/18 edition.  The useful life of the licence was cut short this year, because the new Finance Bill timetable brought this year's Finance Bill forward from July to March.  Accordingly holders of 2017/18 licences will qualify for a discount when purchasing licences for the 2018/19 edition of TFD online.  The discount will be 50% of the cost of the 2017/18 licences.
+
:108 [[DTA Anti-abuse Rules]]
  
−
Once the updating to 2018/19 online edition is complete, holders of old (2017/18) licences will still have online access to the 2017/18 text of TFD, until the end of August. But they will not have access to the 2018/19 edition.  For that you will need a new 2018/19 licence.
+
:109 [[Third Party Relief/Savings Clause]]
  
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<big>'''How to login'''</big>
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:110 [[Limitation on Benefits]]
  
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Most of this site requires you [[Special:Userlogin|to login]].  To obtain a login licence:
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:111 [[Credit for Foreign Tax]]
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 +
:112 [[Non-discrimination]]
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 +
:113 [[Mutual Agreement Procedure]]
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 +
:'''''<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]]
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 +
:117 [[IHT DTA: South Africa]]
 +
 
 +
:118 [[IHT DTA: Switzerland]]
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 +
:119 [[IHT DTA: USA]]
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 +
:120 [[Credit for Foreign IHT]]
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 +
:'''''<span style="font-size:106%"><span style="color:navy">Administration</span></span>'''''
 +
 
 +
:121 [[Reporting and Compliance]]
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 +
:122 [[Tax Return Filing Position]]
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 +
:123 [[Claims]]
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 +
:124 [[Collection of IT/CGT from UK Representatives]]
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 +
:125 [[Reporting and Compliance: IHT]]
 +
 
 +
:126 [[Penalties]]
 +
 
 +
:127 [[Failure to Prevent Tax Evasion]]
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 +
:128 [[Reporting Offshore Trusts]]
 +
 
 +
:129 [[International Movement of Capital: Reports]]
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 +
:130 [[Common Reporting Standard]]
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 +
:131 [[Trust Registration (TRS)]]
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 +
:132 [[Customer Due Diligence]]
 +
 
 +
:133 [[Money Laundering: Criminal Property]]
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 +
 
 +
:'''<big>Appendices</big>'''
 +
 
 +
:'''''<span style="font-size:106%"><span style="color:navy">Words & Concepts</span></span>'''''
 +
 
 +
:[[Appendix 1 Words of Dispute]]
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 +
:[[Appendix 2 Common Legal Expressions]]
 +
 
 +
:[[Appendix 3 Family Terminology]]
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 +
:[[Appendix 3A Share/Security 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 in Tax Statutes]]
 +
 
 +
:'''''<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 and in paper form.  The online form is the better choice as it is updated during the year.
 +
 
 +
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>
  
−
:• Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1)
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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].
  
−
:•  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].
+
Without logging in, you can access:
  
−
:•  Without logging in, you can access: chap 1 [[Foreign Domicile: Tax Policy]]; chap 2 [[Tax Avoidance]].
+
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/maryashley/ Mary Ashley].   
+
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]].
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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>
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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:kessler@kessler.co.uk?Subject=TFD%20online click here]
+
To contact James Kessler KC [mailto:jkessler@15oldsquare.co.uk?Subject=TFD%20online click here]
  
−
To contact Mary Ashley, who reviews online contributions, [mailto:MaryAshley@15oldsquare.co.uk?Subject=TFD%20contact%20moderator%20request click here]
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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>
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To access the TFD reference material, click here: [[TFD Resource Archive]]

Latest revision as of 10:56, 29 October 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
36A Disguised Remuneration
36B Employer-Financed Retirement Benefits Scheme
37 Employment Income: DT Relief
38 Pension and Annuity Income
39 Benefit in Kind: Family Home and Chattels
40 Loans from 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 IHT
Entities
85 Partnerships
86 Partnership Income: Allocation
86A Salaried Members Code
86B Partnerships CGT
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 Reporting Offshore Trusts
129 International Movement of Capital: Reports
130 Common Reporting Standard
131 Trust Registration (TRS)
132 Customer Due Diligence
133 Money Laundering: Criminal Property


Appendices
Words & Concepts
Appendix 1 Words of Dispute
Appendix 2 Common Legal Expressions
Appendix 3 Family Terminology
Appendix 3A Share/Security 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 in Tax Statutes
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 and in paper form. The online form is the better choice as it is updated during the year.

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Chapter A1 FIG Relief/Abolition of Domicile
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Archive editions

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Technical notes

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