Tax Planning for Domiciled and Non-Domiciled Individuals

Tax Planning for Domiciled and Non Domiciled Individuals addresses the major UK tax issues – primarily capital gains, income and inheritance tax – that affect personal tax planning for both the UK and non-UK domiciled individual. The book uses numerous worked practical examples to demonstrate the relevant tax principles in practice. Topics covered include domicile, residence, wills, trusts, double tax agreements and offshore matters.

Keeping you up to date, this title:

• Highlights key principles relevant to domestic tax practice with annual budget and Finance Act updates
• Incorporates Budget 2012 
• Covers the key tenets of tax planning: Capital Gains, Income and Inheritance
• Each chapter uses real life scenarios to demonstrate the law in practice 
• Discusses the impact of ground breaking decisions on current and future law, eg Stack v Dowden
• Part I Provides an overview of the UK tax system and then examines the issue of domicile and residence
• Part II concentrates on the two major capital taxes, namely capital gains and inheritance
• Part III concentrates on the major topic of trusts, both UK and non-UK resident
• Part IV is topic driven and looks at the tax treatment of common types of investment and the main issues in relation to an individual’s residence
• Part V is devoted exclusively to international tax issues including non-UK resident taxation; accessing offshore monies; the use and role of offshore financial centres; double tax agreements and the EU savings Directive.