Difference between revisions of "Main Page"
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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 | ||
+ | # Other topics arising in this context, including tax avoidance, and disclosure and compliance | ||
− | It is the online version | + | 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 QC]. |
<div style="float: left; width: 33%"> | <div style="float: left; width: 33%"> | ||
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<big>'''Contents'''</big> | <big>'''Contents'''</big> | ||
− | [ | + | [[Update]] |
[[Introduction]] | [[Introduction]] | ||
− | + | ''Non-dom policy & avoidance'' | |
− | :2 [[Tax Avoidance | + | :1 [[Foreign Domicile: Tax Policy]] |
+ | |||
+ | :2 [[Tax Avoidance]] | ||
+ | |||
+ | ''Domicile & residence'' | ||
:3 [[Domicile]] | :3 [[Domicile]] | ||
Line 26: | Line 31: | ||
:6 [[Residence of Trustees]] | :6 [[Residence of Trustees]] | ||
− | :7 [[ | + | :7 [[Residence of Companies]] |
− | :8 [[ | + | :8 [[Treaty-Residence]] |
− | :9 | + | :9 [[Split Years: Arrival and Departure]] |
− | :10 [[Temporary Non-residence | + | :10 [[Temporary Non-residence]] |
− | : | + | :11 [[Exit Taxes]] |
− | : | + | :12 [[UK Arrival or Departure: Tax Checklist]] |
− | : | + | ''Income Tax: Principles & remittance basis'' |
− | :13 [[ | + | :13 [[Income Categorisation]] |
− | :14 [[ | + | :14 [[Income Recognition: Receive/Entitled/Arise/Paid]] |
− | :15 [[ | + | :15 [[Source/RFI/Territorial Principles]] |
− | :16 [[ | + | :16 [[The Remittance Basis]] |
− | :17 [[ | + | :17 [[The Meaning of Remittance]] |
− | :18 [[ | + | :18 [[Remittance Reliefs]] |
− | :19 [[ | + | :19 [[Mixed Funds]] |
− | + | ''Income by category'' | |
− | : | + | :20 [[Trading Income]] |
− | : | + | :21 [[Trading in Land]] |
− | : | + | :22 [[Performers]] |
− | : | + | :23 [[Property Income]] |
− | : | + | :24 [[Deduction of interest from Property Income]] |
− | : | + | :25 [[Interest Income]] |
− | : | + | :26 [[Exempt Interest of Non-Residents]] |
− | : | + | :27 [[Accrued Income Profits]] |
− | : | + | :28 [[Deeply Discounted Securities]] |
− | : | + | :29 [[Dividend Income]] |
− | : | + | :30 [[Annual Payments]] |
− | : | + | :31 [[Intellectual Property Income]] |
− | : | + | :32 [[Misc Sweep-Up Income]] |
− | : | + | :33 [[Employment Income]] |
− | : | + | :34 [[Travel Expenses: Employment Income]] |
− | : | + | :35 [[PAYE]] |
− | : | + | :36 [[Employment Income: DT Relief]] |
− | : | + | :37 [[Pension and Annuity Income]] |
− | : | + | ''IT: General |
− | : | + | :38 [[Discretionary Trusts: Income Tax]] |
− | : | + | :39 [[IIP Trusts: Income Tax]] |
− | : | + | :40 [[Rates of Income Tax/CGT]] |
− | : | + | :41 [[Personal Allowances]] |
− | : | + | :42 [[Non-Residents Income Tax Relief]] |
− | : | + | :43 [[National Insurance Contributions]] |
− | + | ''IT avoidance codes'' | |
− | : | + | :44 [[Settlor-interested Trust Code]] |
− | : | + | :45 [[Transfer of Assets Abroad: Introduction]] |
− | : | + | :46 [[Transfer of Assets Abroad: Transferors]] |
− | : | + | :47 [[Transfer of Assets Abroad: Benefits]] |
− | : | + | :48 [[Transfer of Assets Abroad: Relief from Overlapping Charges]] |
− | : | + | :49 [[Transfer of Assets Abroad: Motive Defence]] |
− | : | + | :50 [[Profit Fragmentation]] |
− | : | + | :51 [[Transfer of Income Streams]] |
− | : | + | :52 [[Transactions in Securities]] |
− | + | ''Capital Gains Tax'' | |
− | : | + | :53 [[Chargeable Gains]] |
− | : | + | :54 [[UK Property Held by Non-Residents]] |
− | : | + | :55 [[Residential Property: CGT]] |
− | : | + | :56 [[Gains of Non-Resident Settlor-Interested Trusts: s.86]] |
− | : | + | :57 [[Capital Payments from Non-Resident Trusts: s.87]] |
− | : | + | :58 [[Borrowing by Non-Resident Trust: Sch 4B]] |
− | : | + | :59 [[Sub-Funds]] |
− | : | + | :60 [[Gains of Non-Resident Companies]] |
− | : | + | :61 [[Capital Losses]] |
− | + | ''Funds'' | |
− | : | + | :62 [[Life Policies and Contracts]] |
− | : | + | :63 [[Offshore Funds: Definitions]] |
− | : | + | :64 [[Offshore Income Gains]] |
− | : | + | :65 [[Income from Offshore Funds]] |
− | : | + | :66 [[Unit Trusts]] |
− | : | + | :67 [[Intermediated Securities]] |
− | : | + | :68 [[Investment Manager Exemptions]] |
− | : | + | :69 [[Investment Management Fees & Carried Interest]] |
− | + | ''Inheritance Tax'' | |
− | : | + | :70 [[IHT Terms and Concepts]] |
− | : | + | :71 [[Excluded Property: Definition]] |
− | : | + | :72 [[Excluded Property Exemptions]] |
− | : | + | :73 [[Wills and IOVs]] |
− | : | + | :74 [[Reservation of Benefit]] |
− | : | + | :75 [[Inter-Trust Transfers: IHT]] |
− | : | + | :76 [[IHT Deduction for Debts]] |
− | : | + | :77 [[IHT Close-Company Code]] |
− | : | + | :78 [[IHT Residential Property Code]] |
− | : | + | :79 [[Family Home and Chattels: Benefit in Kind Charges]] |
− | : | + | :80 [[Pre-Owned Assets]] |
− | : | + | :81 [[Loans from Non-Resident Companies]] |
− | + | ''Entities'' | |
− | : | + | :82 [[Partnerships]] |
− | : | + | :83 [[Partnership Income: Attribution]] |
− | : | + | :84 [[Estates of Deceased Persons: CGT]] |
− | : | + | :85 [[Estates of Deceased Persons: Income Tax]] |
− | : | + | :85A [[Settlement, Bare Trust, and Associated Terminology]] |
− | : | + | :86 [[Foreign Entities]] |
− | : | + | :87 [[Hybrid Entities]] |
− | + | ''Concepts & topics affecting more than one tax'' | |
− | : | + | :88 [[Protected Trusts]] |
− | : | + | :89 [[Non-Dom/Non-Resident Spouse]] |
− | : | + | :90 [[Joint Accounts]] |
− | : | + | :91 [[Foreign Currency Issues]] |
− | : | + | :92 [[Unremittable Assets]] |
− | : | + | :93 [[ATED and SDLT]] |
− | : | + | :94 [[Who is the Settlor?]] |
+ | :95 [[Multiple Settlors]] | ||
− | :[[ | + | :96 [[Statutory Tax Indemnities]] |
− | :[[ | + | :97 [[Situs of Assets for IHT]] |
− | :[[ | + | :98 [[Situs of Assets for CGT]] |
− | :[[ | + | :99 [[Control Connected Close and Related Expressions]] |
− | :[[ | + | :100 [[Participation and % interest tests]] |
− | :[[ | + | :101 [[Permanent Establishment and Branch/Agency]] |
− | :[[ | + | :102 [[Post-Brexit EU Law]] |
− | :[[ | + | :103 [[Double Taxation Arrangements: Introduction]] |
− | :[[ | + | :104 [[DTA Anti-abuse Rules]] |
− | :[[ | + | :105 [[Limitation on Benefits]] |
− | :[[ | + | :106 [[Credit for Foreign Tax]] |
− | + | :107 [[Non-discrimination]] | |
+ | ''Double Taxation Agreements: IHT | ||
+ | |||
+ | :108 [[IHT Double Taxation Treaties: Introduction]] | ||
+ | |||
+ | :109 [[IHT DTAs: India, Pakistan, Italy, France]] | ||
+ | |||
+ | :110 [[IHT DTA: Netherlands]] | ||
+ | |||
+ | :111 [[IHT DTA: South Africa]] | ||
+ | |||
+ | :112 [[IHT DTA: Switzerland]] | ||
+ | |||
+ | :113 [[IHT DTA: USA]] | ||
+ | |||
+ | :114 [[Credit for Foreign IHT]] | ||
+ | |||
+ | ''Administration'' | ||
+ | |||
+ | :115 [[Reporting and Compliance]] | ||
+ | |||
+ | :116 [[Tax Return Filing Position]] | ||
+ | |||
+ | :117 [[Claims]] | ||
+ | |||
+ | :118 [[Collection of Tax from UK Representatives]] | ||
+ | |||
+ | :119 [[Reporting and Compliance: IHT]] | ||
+ | |||
+ | :120 [[Penalties]] | ||
+ | |||
+ | :120A [[Failure to Prevent Tax Evasion]] | ||
+ | |||
+ | :121 [[Common Reporting Standard]] | ||
+ | |||
+ | :122 [[Trust Registration]] | ||
+ | |||
+ | :123 [[Reporting Offshore Trusts]] | ||
+ | |||
+ | :124 [[International Movement of Capital: Reports]] | ||
+ | |||
+ | :125 [[Money Laundering]] | ||
+ | |||
+ | |||
+ | ''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 What Do We Mean by "Real"]] | ||
+ | |||
+ | :[[Appendix 7 Deeming Provisions]] | ||
+ | |||
+ | ''Special taxpayers'' | ||
+ | |||
+ | :[[Appendix 8 Parliamentarians]] | ||
+ | |||
+ | :[[Appendix 9 Visiting Forces]] | ||
+ | |||
+ | :[[Appendix 10 Students and Teachers]] | ||
+ | |||
+ | ''Tax reform'' | ||
+ | |||
+ | :[[Appendix 11 How to Improve Residence and Domicile Taxation]] | ||
+ | |||
+ | :[[Appendix 12 Reform of Offshore Anti-avoidance Law]] | ||
+ | |||
+ | :[[Appendix 13 The Wisdom of Parliament]] | ||
+ | |||
+ | :[[Appendix 14 Purpose in Tax Statutes]] | ||
+ | |||
+ | |||
+ | </div> | ||
− | |||
− | + | <big>'''2021/22 edition'''</big> | |
− | + | This site contains the text of the 2021/22 edition of ''Taxation of Non-Residents and Foreign Domiciliaries''. A paper version of the 2021/22 edition is also now available. | |
− | To | + | 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:aw.khpplc@khpplc.co.uk?Subject=TFD%20online [email protected]] | ||
− | Licences for the | + | Licences for the 2020/21 edition are no longer valid. |
+ | If you are an academic 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> | <big>'''How to login'''</big> | ||
Line 263: | Line 351: | ||
Most of this site requires you [[Special:Userlogin|to login]]. To obtain a login licence: | Most of this site requires you [[Special:Userlogin|to login]]. To obtain a login licence: | ||
− | + | Every copy of the printed book has a 3 week trial licence (see inside front cover of volume 1). To order copies of the book [mailto:[email protected]?Subject=TFD%20enquiry email the publishers] or [http://khpplc.co.uk/ go to the publishers' website]. | |
− | + | 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: | |
− | + | Chapter 1 [[Foreign Domicile: 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. | ||
− | You need to register | + | You need to register for the current edition. Registration for an earlier edition is no longer valid. |
− | <big>''' | + | <big>'''Comments please'''</big> |
− | Users can also [[contribute to the text]] and if you can add anything | + | 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/ross-birkbeck/ Ross Birkbeck]. |
<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 QC or other members of his chambers to advise. See [[How to instruct James Kessler QC]]. |
<big>'''Archive editions'''</big> | <big>'''Archive editions'''</big> | ||
− | There are [[archive editions]] for years since 2003/04. These will | + | 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 293: | Line 381: | ||
To contact James Kessler QC [mailto:[email protected]?Subject=TFD%20online click here] | To contact James Kessler QC [mailto:[email protected]?Subject=TFD%20online click here] | ||
− | To contact | + | To contact Ross Birkbeck, who reviews online contributions, [mailto:rossbirkbeck@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]. | ||
Line 299: | Line 387: | ||
<big>'''Technical notes'''</big> | <big>'''Technical notes'''</big> | ||
− | TFD online is | + | 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> |
Revision as of 11:40, 22 July 2021
This site provides comprehensive information about:
- Taxation of foreign domiciliaries
- Taxation of non-residents on UK income and assets
- Taxation of UK residents on foreign income and assets
- 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 QC.
Contents
Non-dom policy & avoidance
Domicile & residence
- 3 Domicile
- 11 Exit Taxes
Income Tax: Principles & remittance basis
- 19 Mixed Funds
Income by category
- 22 Performers
- 35 PAYE
IT: General
IT avoidance codes
Capital Gains Tax
- 59 Sub-Funds
Funds
- 66 Unit Trusts
Inheritance Tax
Entities
- 82 Partnerships
Concepts & topics affecting more than one tax
Double Taxation Agreements: IHT
- 113 IHT DTA: USA
Administration
- 117 Claims
- 120 Penalties
- 125 Money Laundering
Appendices:
Words & Concepts
Special taxpayers
Tax reform
2021/22 edition
This site contains the text of the 2021/22 edition of Taxation of Non-Residents and Foreign Domiciliaries. A paper version of the 2021/22 edition is also now available.
To access TFD online, you will need an online licence. To obtain this, go to the publishers website or email [email protected]
Licences for the 2020/21 edition are no longer valid.
If you are an academic 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. To obtain a login licence:
Every copy of the printed book has a 3 week trial licence (see inside front cover of volume 1). To order copies of the book email the publishers or go to the publishers' website.
You may purchase a single or multiple user licence: To obtain these contact the publishers.
Without logging in, you can access:
Chapter 1 Foreign Domicile: Tax Policy
Chapter 2 Tax Avoidance.
You enter this site once you have registered and logged in by clicking on the index on the left, or you can search the text.
You need to register for the current edition. Registration for an earlier edition is no longer valid.
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 Ross Birkbeck.
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 QC or other members of his chambers to advise. See How to instruct James Kessler QC.
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
If you have technical problems, or problems logging in, click here
To contact James Kessler QC click here
To contact Ross Birkbeck, who reviews online contributions, click here
For multiple user licences, or to install on a firm's intranet, contact the publishers.
Technical notes
TFD online is a Wiki on the lines of Wikipedia, but only registered users can edit the text.