Tax Residence Planning

At GTN, our team of specialist international tax consultants are here to provide comprehensive tax-planning services tailored to your needs when leaving the UK. Our tax specialists can provide expert guidance on the complex subject of tax residency and offer a ‘residency or domicile determination’ consultation. These are tailored to your requirements and are designed to help establish what taxes you will be liable for and where, including whether you are still liable for UK inheritance tax. Our tax residency planning services can cover matters such as:

• Ensuring Compliance with the Statutory Residence Test Rules for Achieving Non-resident Status Upon Leaving the UK: Becoming a non-resident under the Statutory Residence Test rules is essential to avoid any unnecessary tax obligations in the UK. Our team will assess if your specific circumstances meet the criteria to establish your non-resident status, helping you navigate the complexities of the rules and ensuring a smooth transition. You can access the test and information surrounding this here: Statutory Residence Test.
• Guidance on the “temporary non-residence rules”: If you are leaving the UK temporarily, it is essential to understand the implications of the temporary non-residence rules on your tax obligations. Our experts will provide detailed advice on the rules and help you determine the most advantageous tax strategies during your temporary absence from the UK.
• Claims for Split-Year Treatment: Under the Statutory Residence Test, we can assist you in making claims for split-year treatment, which can have significant tax implications.
• Assessment of Maximum Days in the UK: We will work with you to determine the maximum allowable days you can spend in the UK for both social and work purposes while maintaining your non-resident status.
• Tax Free Extraction of UK Pensions
  The UK/UAE tax treaty can allow for a tax free withdrawal of your UK pension if you meet certain criteria. We assist with claims for planning reviews, application for ceasing UK tax withholding, obtaining UAE residence certificates and filing of tax returns with the necessary treaty claims.
• Planning for Business Owners
  Many UK business owners are now moving their operations to UAE or expanding their existing business. We can assist with all necessary planning, including tax efficient extraction of retained earnings and corporate tax mitigation.
• Register as a “Non-resident Landlord” with HM Revenue & Customs: If you own property in the UK but reside overseas, registering as a non-resident landlord with HM Revenue & Customs is necessary to comply with your tax obligations. Our team will guide you through the registration process, ensuring you meet all requirements and fulfil your responsibilities as a non-resident landlord.
• Preparation of Non-Resident Tax Returns: Our experts will assist you in preparing non-resident tax returns, ensuring accurate reporting of UK source income, including income from rentals and investments.

This list is non-exhaustive. We understand that everyone’s tax situation is unique, and our services are tailored accordingly. Our primary goal is to simplify your tax obligations, bringing peace of mind and allowing you to concentrate on your personal and professional pursuits.  

We understand that it is crucial to consider your tax matters early on to ensure a smooth departure and optimise your tax position.

Read more about our comprehensive services for Tax Planning When Leaving the UK