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Domicile as Residence? A Guide to Part 2 Finance Act 2025

Domicile as Residence? A Guide to Part 2 Finance Act 2025

Name: Domicile as Residence? A Guide to Part 2 Finance Act 2025
Brand: Spiramus Press Ltd
SKU: 9781913507886
Price: 1329.00 HKD
Availability: InStock
Author: Adrian Shipwright
ISBN: 9781913507886

By Adrian Shipwright

Spiramus Press Ltd December 2025

Specifications

ISBN-13: 9781913507886
Publisher: Spiramus Press Ltd
Publication: December 2025
Format: Paperback
Jurisdiction: U.K. ? Countri(es) for reference only

Details

This book explains the tax consequences of the changes detailed in Part 2 of the Finance Act 2025, following the enactment of new rules announced on Budget Day 2024.

These were essentially the replacement of a domicile-based system with a residence-based system and the abolition of the Remittance Basis which had been around in its current form since the beginning of the First World War.

The text of the legislation is included in the publication. Each provision is analysed using the headings Overview, Relevant Legislation, Detail and Commencement. This is followed by a section on some thoughts as to how the provisions can be used for the benefit of clients.

This work was originally written as a supplement to the earlier publication called Taxation of Entertainers and Sportspersons, but applies equally to personal tax advisers to mobile HNWIs.

Preface; 1.
The New Residence Based Regime after Finance Act 2025: 2.
Specifics: Replacement of Special Rules Relating to “Domicile: 3.
Trusts: connected amendments, transitional provision etc.: 4.
Inheritance Tax: Appendix 2: ANNEXE; Appendix 3: Inland Revenue Pamphlet IR 20 Extracts; Appendix 4: Some Relevant Definitions; 5.
Relief for New Residents for Foreign Gains: Appendix 5: Table of some relevant definitions; 6.
Some first thoughts, and possibilities: Appendix 6: Some questions for clients?; Appendix 7: Table of Situs of Assets; Appendix 8: Jurisdiction Table