Arrival & Departure Consultations

Arrival and departure consultations are considered very vital for UK tax related issues. Ignorant about these will end up in paying too much tax, which can be avoided with proper planning.

Income tax when arriving in the UK
The residential status of the tax payer is determined on upon the number of years a person stays in UK, assignment period, house property ownership, lease agreement and many other factors. Basing on the residential status of the taxpayer, taxability of income should be determined. Taxability differs from person to person depending upon the situation, so a cookie cutter approach is not a good idea. If the tax payer is not educated when he arrives in the UK initially, he for sure will end up paying too much tax. To avoid such situations, we educate our clients immediately upon arrival in the UK. We suggest on timing when information must be provided to the HMRC regarding the arrival details, assignment details etc..

Income tax when leaving in the UK
When leaving the UK, taxpayer may have to pay tax on certain investments income, rental income etc. Information to HMRC regarding the departure details and overseas assignment etc is another vital activity required of an expat. We provide advisory services to our clients on the liability of tax on various sources of income, residential status complications, Taxability of overseas income, part working in the UK, income from other sources such as interest and dividend income, UK Investment Income, except rental income.

If the tax payer is resident of two different countries at the same time and if there is double tax on the same income, our planning strategies work to reduce the UK tax basing on double tax treaties depending upon the type of income. Many taxpayers end up paying more taxes due to residential status. Even though they can be eligible for certain residential status which is less taxing, by resorting to certain acts like taking a apartment lease for 3 or more years, buying an accommodation in UK etc will make them Ordinary Resident and sometimes Resident. This can be avoided if the taxpayer is informed well in advance.