Jane
Thackstone
Partner
View Jane's profileIf you live or work overseas, or are planning to do so, your tax status will almost certainly be affected by your change of residence from the UK to overseas.
The rules around taxation as an expat can be a complex area and there are many factors to consider.
If you are considering moving or working overseas careful planning in advance is required to avoid any potential unexpected tax liability. As well as your changed UK tax status, the tax laws in your new country of residence will need to be taken into account.
First you need to consider the new expat criteria as defined by the tax authorities in the Statutory Residence Test.
This will help you work out;
As a result you will also need to have your contract(s) reviewed to take into account your changed tax status.
Once you have established your status our experts can help you plan your financial affairs to the best tax effect. Areas to consider would be:
Before leaving the UK our advisors will let you know what you need to do in terms of compliance and letting HMRC know about your change in circumstances.
As well as tax planning, it is also important to know your new filing obligations in both countries. We can help you avoid any penalties by ensuring that:
This is obviously the counterpart to tax planning on leaving the UK. Similar issues have to be considered to ensure tax is lessened and pitfalls avoided.
Our specialists are experienced in advising expats on tax mitigation and efficient tax planning in all these areas.
To speak to one of our personal tax experts please contact our specialist team of expat advisors
Partner
View Jane's profileManager, Mixed Tax
View Sarah's profileManager, Personal Tax
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Alliotts LLP is an independent firm of Chartered Accountants and business advisors practice based in London and Guildford. We provide a wide range of national and international clients with a full range of professional services. Working together is about more than our technical ability, it is essential we deliver the highest levels of client care
Guides & Publications1 Mar 2021
Alliotts LLP is an independent firm of Chartered Accountants and business advisors practice based in London and Guildford. We provide a wide range of national and international clients with a full range of professional services. Working together is about more than our technical ability, it is essential we deliver the highest levels of client care
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Please contact us for assistance on expat tax matters and we will respond to you shortly.
Jane is a qualified Chartered Tax Adviser and Chartered Accountant. She has over 20 years’ experience providing tax advice, planning and compliance services to High Net Worth individuals, families and Trustees. Alliotts is an accredited probate firm and Jane is authorised to undertake non-contentious probate work.
Jane advises on a wide range of areas but specialises in:
Sarah is a qualified Chartered Accountant and Chartered Tax Adviser. She has worked at Alliotts for over ten years, after a career change from teaching. She started in our audit and accounts teams, before transferring to our tax team in 2018. Her role involves a variety of taxes and areas: personal and corporate tax advisory; individual, companies and trusts compliance.
She is carving out a niche in advising on tax and international mobility, perhaps inspired by a letter about her own position during a stay in China.
Gerry is a Chartered Tax Advisor and Fellow of the Association of Taxation Technicians. He has over 30 years of experience in all aspects of private client tax. Gerry works with a wide range of clients, including high net worth individuals in all areas of personal tax including compliance and tax planning.
Gerry has expertise in the taxation of private businesses and partnerships, all aspects of personal income (including UK and non-UK landlords) and capital gains, and inheritance tax matters.
In addition, Gerry has a special expertise, coupled with extensive experience, of advising our clients about the implications of tax residency and domicile matters according to individual and personal circumstances in order to enable tax efficient outcomes.
Gerry is recognised for his ability to build strong relationships with his clients to really understand what is important to them and their families, which enables the best possible support and advice that works for the long term. He takes a proactive approach and provides our clients with clear advice on the complex UK tax rules as they impact their financial transactions.
Gerry also works with colleagues across the world through connections in our international network, Alliott Global Alliance when there are cross-border issues.