Residence and Domicile for Individuals: A Practical Guide 4th Edition

Residence & Domicile for Individuals: A Practical Guide to the New Foreign Income and Gains Regime is an essential resource for tax practitioners involved in providing detailed tax advice to employees leaving and/or arriving in the UK to work; individuals emigrating or immigrating to the UK; successful entrepreneurs with expensive homes in the UK; foreign investors with UK holiday homes; and any other category of individual who simply wishes to visit the UK without accidentally acquiring UK residence or domicile.

From 6th April 2025, the Finance Act 2025 abolished domicile-based taxation and the historic remittance basis, replacing it with a residence-based system. This new edition provides comprehensive coverage of these changes whilst also retaining coverage of the position pre-6 April 2025. Coverage includes discussion of the following:

• 4-Year Foreign Income and Gains (FIG) Regime
• Temporary Repatriation Facility (TRF)
• Reformed Inheritance Tax
• Enhanced Overseas Workday Relief
• Capital Gains Tax Rebasing

This 4th edition represents a fundamental rewrite necessitated by the most significant changes to UK tax law in decades, providing practitioners with essential guidance through this transformational period.