Domicile & Residence
One's domicile and residence for tax purposes are extremely important when undertaking any tax planning.
Whilst the law relating to one's residence is simpler than it once was, the law relating to domicile and residence is still very complicated and, without proper advice, clients may unwittingly end up becoming liable for tax when they otherwise would not.
We have a number of clients, both UK nationals and overseas clients, for whom we have undertaken tax planning involving their domicile and/or residence. With the world becoming a much smaller place, there is a greater opportunity for clients to undertake tax planning using their domicile and/or residence to their advantage.