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# Other topics arising in this context, including tax avoidance, and disclosure and compliance
 
# Other topics arising in this context, including tax avoidance, and disclosure and compliance
  
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].   
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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%">
 +
  
 
<big>'''Contents'''</big>
 
<big>'''Contents'''</big>
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[[Update]]
 
[[Update]]
  
[[Introduction]]
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:[[Introduction]]
 +
 
 +
:A1  [[FIG Relief/Abolition of Domicile]]
  
''Non-dom policy & avoidance''
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:'''''<span style="color:navy">Non-dom Policy & Avoidance</span>'''''
  
 
:1  [[Foreign Domicile: Tax Policy]]
 
:1  [[Foreign Domicile: Tax Policy]]
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:2  [[Tax Avoidance]]
 
:2  [[Tax Avoidance]]
  
''Domicile & residence''
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:3  [[Targeted Anti-Avoidance Rules (TAARs)]]
  
:3  [[Domicile]]
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:'''''<span style="color:navy">Domicile & Residence</span>'''''
  
:4  [[Deemed Domicile]]
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:4  [[Domicile]]  
  
:5  [[Residence of Individuals]]
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:5  [[Deemed Domicile]]
  
:6  [[Residence of Trustees]]
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:6  [[Residence of Individuals]]
  
:7  [[Residence of Companies]]
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:7  [[Residence of Trustees]]
  
:8  [[Treaty-Residence]]
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:8  [[Residence of Companies]]
  
:9  [[Split Years: Arrival and Departure]]
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:9  [[Treaty-Residence]]
  
:10 [[Temporary Non-residence]]
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:10   [[Split Years]]
  
:11  [[Exit Taxes]]
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:11  [[Temporary Non-residence]]
  
:12  [[UK Arrival or Departure: Tax Checklist]]
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:12  [[Exit Taxes]]
  
''Income Tax: Principles & remittance basis''
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:13  [[UK Arrival or Departure: Tax Checklist]]
  
:13  [[Income Categorisation]]
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:'''''<span style="color:navy">Income Tax: Principles & Remittance Basis</span>'''''
  
:14  [[Income Recognition: Receive/Entitled/Arise/Paid]]
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:14  [[Income and its Categorisation]]  
  
:15  [[Source/RFI/Territorial Principles]]  
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:15  [[Income Recognition: Receive/Entitled/Arise/Paid]]
  
:16  [[The Remittance Basis]]
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:16  [[Source/RFI/Territorial Principles]]  
  
:17  [[The Meaning of Remittance]]
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:17  [[The Remittance Basis]]
  
:18  [[Remittance Reliefs]]
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:18  [[The Meaning of Remittance]]
  
:19  [[Mixed Funds]]
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:19  [[Remittance Reliefs]]
  
''Income by category''
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:20  [[Mixed Funds]]
  
:20  [[Trading Income]]
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:'''''<span style="color:navy">Income by Category</span>'''''
  
:21  [[Trading in Land]]
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:21  [[Trading Income]]
  
:22  [[Performers]]
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:22  [[Trading in Land]]
  
:23  [[Property Income]]
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:23  [[Performers]]
  
:24  [[Deduction of interest from Property Income]]
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:24  [[Property Income]]
  
:25  [[Interest Income]]
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:25  [[Deduction of interest from Property Income]]
  
:26  [[Exempt Interest of Non-Residents]]
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:26  [[Interest Income]]
  
:27  [[Accrued Income Profits]]
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:27  [[Exempt Interest of Non-Residents]]
  
:28  [[Deeply Discounted Securities]]
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:28  [[Accrued Income Profits]]
  
:29  [[Dividend Income]]
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:29  [[Deeply Discounted Securities]]
  
:30  [[Annual Payments]]
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:30  [[Dividend Income]]
  
:31 [[Intellectual Property Income]]
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:31 [[Annual Payments]]
  
:32  [[Misc Sweep-Up Income]]
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:32  [[Intellectual Property Income]]
  
:33  [[Employment Income]]
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:33  [[Misc Sweep-Up Income]]
  
:34  [[Travel Expenses: Employment Income]]
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:34  [[Employment Income]]
  
:35  [[PAYE]]
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:35  [[Travel Expenses: Employment Income]]
  
:36  [[Employment Income: DT Relief]]
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:36  [[PAYE]]
  
:37  [[Pension and Annuity Income]]
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:37  [[Employment Income: DT Relief]]
  
''IT: General
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:38  [[Pension and Annuity Income]]
  
:38 [[Discretionary Trusts: Income Tax]]
+
:39 [[Benefit in Kind: Family Home and Chattels]]
  
:39 [[IIP Trusts: Income Tax]]
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:40 [[Benefit in Kind: Loans from Non-Resident Companies]]
  
:40  [[Rates of Income Tax/CGT]]
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:'''''<span style="color:navy">IT: General</span>'''''
  
:41  [[Personal Allowances]]
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:41  [[Discretionary Trusts: Income Tax]]
  
:42  [[Non-Resident Income Tax Relief]]
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:42  [[IIP Trusts: Income Tax]]
  
:43  [[National Insurance Contributions]]
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:43  [[Rates of Income Tax/CGT]]
  
''IT avoidance codes''
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:44  [[Personal Allowances]]
  
:44 [[Settlor-interested Trust Code]]
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:45 [[Non-Residents Income Tax Relief]]
  
:45 [[Transfer of Assets Abroad: Introduction]]
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:46 [[National Insurance Contributions]]
  
:46  [[Transfer of Assets Abroad: Transferors]]
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:'''''<span style="color:navy">IT Avoidance Codes</span>'''''
  
:47  [[Transfer of Assets Abroad: Benefits]]
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:47  [[Settlor-interested Trust Code]]
  
:48  [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
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:48  [[Transfer of Assets Abroad: Introduction]]
  
:49  [[Transfer of Assets Abroad: Motive Defence]]
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:49  [[Transfer of Assets Abroad: Transferors]]
  
:50  [[Profit Fragmentation]]
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:50  [[Transfer of Assets Abroad: Benefits]]
  
:51  [[Transfer of Income Streams]]
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:51  [[Transfer of Assets Abroad: Relief from Overlapping Charges]]
  
:52  [[Transactions in Securities]]
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:52  [[Transfer of Assets Abroad: Motive Defence]]
  
''Capital Gains Tax''
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:53  [[Profit Fragmentation]]
  
:53 [[Chargeable Gains]]
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:54 [[Transfer of Income Streams]]
  
:54 [[UK Property Held by Non-Residents]]
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:55 [[Transactions in Securities]]
  
:55  [[Residential Property: CGT]]
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:'''''<span style="color:navy">Capital Gains Tax</span>'''''
  
:56  [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
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:56  [[Chargeable Gains]]
  
:57  [[Capital Payments from Non-Resident Trusts: s.87]]
+
:57  [[UK Property Held by Non-Residents]]
  
:58 [[Borrowing by Non-Resident Trust: Sch 4B]]
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:58 [[Reorganisations]]
  
:59  [[Sub-Funds]]
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:59  [[Residential Property: CGT]]
  
:60  [[Gains of Non-Resident Companies]]
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:60  [[Gains of Non-Resident Settlor-Interested Trusts: s.86]]
  
:61  [[Capital Losses]]
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:61  [[Capital Payments from Non-Resident Trusts: s.87 Code]]
  
''Funds''
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:62  [[Borrowing by Non-Resident Trust: Sch 4B]]
  
:62 [[Life Policies and Contracts]]
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:63 [[Sub-Funds]]
  
:63 [[Offshore Funds: Definitions]]
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:64 [[Gains of Non-Resident Companies]]
  
:64 [[Offshore Income Gains]]
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:65 [[Capital Losses]]
  
:65  [[Income from Offshore Funds]]
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:'''''<span style="color:navy">Funds</span>'''''
  
:66  [[Unit Trusts]]
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:66  [[Funds: Terms & Concepts]]
  
:67  [[Intermediated Securities]]
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:67  [[Offshore Income Gains]]
  
:68  [[Investment Manager Exemptions]]
+
:68  [[Income from Offshore Funds]]
  
:69  [[Investment Management Fees & Carried Interest]]
+
:69  [[Unit Trusts]]
  
''Inheritance Tax''
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:70  [[Life Policies and Contracts]]
  
:70 [[IHT Terms and Concepts]]
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:71 [[Intermediated Securities]]
  
:71 [[Excluded Property: Definition]]
+
:72 [[Investment Manager Exemptions]]
  
:72 [[Excluded Property Exemptions]]
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:73 [[Investment Management Fees & Carried Interest]]
  
:73  [[Wills and IOVs]]
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:'''''<span style="color:navy">Inheritance Tax</span>'''''
  
:74  [[Reservation of Benefit]]
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:74  [[IHT Terms and Concepts]]
  
:75  [[Inter-Trust Transfers: IHT]]
+
:75  [[Excluded Property: Definition]]
  
:76  [[IHT Deduction for Debts]]
+
:76  [[Excluded Property Exemptions]]
  
:77  [[IHT Close-Company Code]]
+
:77  [[Wills and IOVs]]
  
:78  [[IHT Residential Property Code]]
+
:78  [[Reservation of Benefit]]
  
:79  [[Family Home and Chattels: Benefit in Kind Charges]]
+
:79  [[Inter-Trust Transfers: IHT]]
  
:80  [[Pre-Owned Assets]]
+
:80  [[IHT Deduction for Debts]]
  
:81  [[Loans from Non-Resident Companies]]
+
:81  [[IHT Close-Company Code]]
  
''Entities''
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:82  [[IHT Residential Property Code]]
  
:82 [[Partnerships]]
+
:83 [[Pre-Owned Assets]]
  
:83 [[Partnership Income: Attribution]]
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:84 [[Pension Schemes and IHT]]
  
:84  [[Estates of Deceased Persons: CGT]]
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:'''''<span style="color:navy">Entities</span>'''''
  
:85  [[Estates of Deceased Persons: Income Tax]]
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:85  [[Partnerships]]
  
:86  [[Foreign Entities]]
+
:86  [[Partnership Income: Attribution]]
  
:87  [[Hybrid Entities]]
+
:87  [[Settlement, Bare Trust, and Associated Terminology]]
  
''Concepts & topics affecting more than one tax''
+
:88  [[Estates of Deceased Persons: CGT]]
  
:88 [[Protected Trusts]]
+
:89 [[Estates of Deceased Persons: Income Tax]]
  
:89 [[Non-Dom/Non-Resident Spouse]]
+
:90 [[Foreign Entities]]
  
:90 [[Joint Accounts]]
+
:91 [[Hybrid Entities]]
  
:91  [[Foreign Currency Issues]]
+
:'''''<span style="color:navy">Topics Affecting More Than One Tax</span>'''''
  
:92  [[Unremittable Assets]]
+
:92  [[Protected Trusts]]
  
:93  [[ATED and SDLT]]
+
:93  [[Non-Dom/Non-Resident Spouse]]
  
:94  [[Who is the Settlor?]]
+
:94  [[Joint Accounts]]
  
:95  [[Multiple Settlors]]
+
:95  [[Foreign Currency Issues]]
  
:96 [[Statutory Tax Indemnities]]
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:96 [[Cryptoassets]]
  
:97  [[Situs of Assets for IHT]]
+
:97  [[Unremittable Assets]]
  
:98  [[Situs of Assets for CGT]]
+
:98  [[ATED and SDLT]]
  
:99  [[Control Connected Close and Related Expressions]]
+
:99  [[Who is the Settlor?]]
  
:100 [[Participation and % interest tests]]
+
:100 [[Multiple Settlors]]
  
:101 [[Permanent Establishment and Branch/Agency]]
+
:101 [[Statutory Tax Indemnities]]
  
:102  [[Post-Brexit EU Law]]
+
:102  [[Situs of Assets for IHT]]
  
:103 [[Double Taxation Arrangements: Introduction]]
+
:103 [[Situs of Assets for CGT]]
  
:104 [[DTA Anti-abuse Rules]]
+
:104 [[Control Connected Close and Related Expressions]]
  
:105 [[Limitation on Benefits]]
+
:105 [[Participation & % Investment Tests]]
  
:106 [[Credit for Foreign Tax]]
+
:106 [[Permanent Establishment and Branch/Agency]]
  
:107  [[Non-discrimination]]
+
:'''''<span style="color:navy">Double Taxation Agreements IT/CGT</span>'''''
  
''Double Taxation Agreements: IHT
+
:107 [[Double Taxation Arrangements: Introduction]]
  
:108 [[IHT Double Taxation Treaties: Introduction]]
+
:108 [[DTA Anti-abuse Rules]]
  
:109 [[IHT DTAs: India, Pakistan, Italy, France]]
+
:109 [[Third Party Relief/Savings Clause]]
  
:110 [[IHT DTA: Netherlands]]
+
:110 [[Limitation on Benefits]]
  
:111 [[IHT DTA: South Africa]]
+
:111 [[Credit for Foreign Tax]]
  
:112 [[IHT DTA: Switzerland]]
+
:112 [[Non-discrimination]]
  
:113 [[IHT DTA: USA]]
+
:113 [[Mutual Agreement Procedure]]  
  
:114  [[Credit for Foreign IHT]]
+
:'''''<span style="color:navy">Double Taxation Agreements: IHT</span>'''''
  
''Administration''
+
:114 [[IHT Double Taxation Treaties: Introduction]]
  
:115 [[Reporting and Compliance]]
+
:115 [[IHT DTAs: India, Pakistan, Italy, France]]
  
:116 [[Tax Return Filing Position]]
+
:116 [[IHT DTA: Netherlands]]
  
:117 [[Claims]]
+
:117 [[IHT DTA: South Africa]]
  
:118 [[Collection of Tax from UK Representatives]]
+
:118 [[IHT DTA: Switzerland]]
  
:119 [[Reporting and Compliance: IHT]]
+
:119 [[IHT DTA: USA]]
  
:120 [[Penalties]]
+
:120 [[Credit for Foreign IHT]]
  
:121 [[Common Reporting Standard]]
+
:'''''<span style="color:navy">Administration</span>'''''
  
:122 [[Trust Registration]]
+
:121 [[Reporting and Compliance]]
  
:123 [[Reporting Offshore Trusts]]  
+
:122 [[Tax Return Filing Position]]
  
:124 [[International Movement of Capital: Reports]]
+
:123 [[Claims]]
  
:125 [[Money Laundering]]
+
:124 [[Collection of IT/CGT from UK Representatives]]
  
 +
:125 [[Reporting and Compliance: IHT]]
  
''Appendices'':
+
:126 [[Penalties]]
  
''Words & Concepts''
+
: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="color:navy">Words & Concepts</span>'''''
  
 
:[[Appendix 1 Words of Dispute]]
 
:[[Appendix 1 Words of Dispute]]
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:[[Appendix 5 Commercial/View to Profit]]
 
:[[Appendix 5 Commercial/View to Profit]]
  
:[[Appendix 6 What Do We Mean by "Real"]]
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:[[Appendix 6 Beneficial Ownership/Entitlement]]
  
:[[Appendix 7 Deeming Provisions]]
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:[[Appendix 7 What Do We Mean by "Real"]]
  
''Special taxpayers''
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:'''''<span style="color:navy">Construction of Statutes</span>'''''
  
:[[Appendix 8 Parliamentarians]]
+
:[[Appendix 8 Deeming Provisions]]
  
:[[Appendix 9 Visiting Forces]]
+
:[[Appendix 9 Purpose of Statute]]
  
:[[Appendix 10 Students and Teachers]]
+
:'''''<span style="color:navy">Special Taxpayers</span>'''''
  
''Tax reform''
+
:[[Appendix 10 Parliamentarians]]
  
:[[Appendix 11 How to Improve Residence and Domicile Taxation]]
+
:[[Appendix 11 Visiting Forces]]
  
:[[Appendix 12 Reform of Offshore Anti-avoidance Law]]
+
:[[Appendix 12 Students and Teachers]]
  
:[[Appendix 13 The Wisdom of Parliament]]
+
:'''''<span style="color:navy">Tax Reform</span>'''''
  
 +
:[[Appendix 13 How to Improve Residence and Domicile Taxation]]
  
</div>
+
:[[Appendix 14 Reform of Offshore Anti-avoidance Law]]
  
 +
:[[Appendix 15 Citizenship-based Taxation]]
  
<big>'''2021/22 edition'''</big>
+
:[[Appendix 16 The Wisdom of Parliament]]
  
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 will be available in June.  Those who chose to buy the paper book only will also have free access to this site until the book is delivered.
 
  
To access TFD online, you will need an online licence. To obtain this, go to
+
</div>
[https://www.khpplc.co.uk/ the publishers website] or email [mailto:[email protected]?Subject=TFD%20online [email protected]
+
  
Licences for the 2020/21 edition will cease to be valid on 6th April.
 
  
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>'''2023/24 edition'''</big>
  
<big>'''How to login'''</big>
+
The 2023/24 edition of ''Taxation of Non-Residents and Foreign Domiciliaries'' is available online  and in paper form.
  
Most of this site requires you [[Special:Userlogin|to login]]. To obtain a login licence:
+
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.
  
Every copy of the printed book has a 3 week trial licence (see inside back cover of volume 1).  To order copies of the book [mailto:aw@khpplc.co.uk?Subject=TFD%20enquiry email the publishers] or [http://khpplc.co.uk/ go to the publishers' website].
+
If you are an academic, student or other non-tax practitioner who wants access for research purposes, [mailto:kessler@kessler.co.uk?Subject=TFD%20online contact James Kessler]
 +
 
 +
<big>'''How to login'''</big>
  
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].
+
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].
  
 
Without logging in, you can access:
 
Without logging in, you can access:
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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 for the current edition. Registration for an earlier edition will cease to be valid from 6th April.
+
You need to register for the current edition. Registration for an earlier edition is no longer valid.
  
 
<big>'''Comments please'''</big>
 
<big>'''Comments please'''</big>
  
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].   
+
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 or other members of his chambers 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 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]
  
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 Ross Birkbeck, who reviews online contributions, [mailto:rossbirkbeck@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].
Line 383: Line 406:
 
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.
 
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>
+
 
 +
<big>'''TFD Resource Archive'''</big>  
 +
 
 +
To access the TFD reference material, click here: [[TFD Resource Archive]]

Latest revision as of 07:16, 14 March 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
A1 FIG Relief/Abolition of Domicile
Non-dom Policy & Avoidance
1 Foreign Domicile: 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



2023/24 edition

The 2023/24 edition of Taxation of Non-Residents and Foreign Domiciliaries is available online and in paper form.

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Chapter 1 Foreign Domicile: Tax Policy
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