Tax and Financial Planning for Expats

ISBN-13: 9781526503510 / Angielski / Miękka / 2017 / 216 str.

Jon Golding

Spis treści

Chapter 1: Outbound Contracts: Home/Host country options 1. Local working conditions 2. Example 3. Schooling 4. Living costs 5. Exchange rate fluctuations 6. Accommodation 7. Relocation expenses 8. Hypothetical tax calculations 9. Tax protection 10. Tax equalisation 11. Example 12. Taking independent advice 13. Domicile 14. Examples 15. Residence- SRT 16. FLOWCHART 17. Automatic Overseas Tests 18. Examples 19. Automatic UK Tests 20. Examples 21. Arrivers/Leavers 22. Sufficient ties Test 23. Examples 24. Split year tests 25. Examples 26. Records/compliance 27. Dual resident 28. Example 29. Temporary residence 30. Impact on IT, CGT and IHT 31. Property letting 32. NRL1, 2 and 3 Forms 33. Managing agents 34. Tenancy agreements 35. Expenses allowed 36. Example 37. Loan interest requirements 38. Gains tax on main residence sale 39. FLOWCHART 40. Example 41. Visas and work permits 42. Example 43. Passports 44. Intestacy 45. UK will preparation 46. Survivorship clauses and Commorientes 47. Deed of variation/disclaimer Chapter 2: Pre departure aspects 1. Income tax 2. Personal allowances 3. Exemptions lost/clawbacks 4. P85 5. Capital gains 6. Example 7. Temporary non-residence 8. FLOWCHART 9. Example 10. CGT allowances/rates 11. Value Added Tax 12. Invoices example 13. Inheritance tax planning 14. FLOWCHART 15. Gifts/Trusts 16. FLOWCHART 17. Example 18. RNRB requirements 19. FLOWCHART Chapter 3: Security measures 1. Pensions 2. Working for a UK employer 3. Working for a foreign employer 4. Third party pensions 5. National insurance contribution 6. FLOWCHART 7. Health insurance 8. European health cards 9. Kidnap/extortion insurance 10. Investor protection 11. Local customs courses 12. Example 13. Child benefits 14. 64-8, Gateway account Chapter 4: Pre-departure checklist 1. Furniture and possessions 2. UK investment allowances 3. Example 4. Foreign familiarity courses 5. Letting property 6. Airbnb/Furnished holiday letting 7. Examples 8. Main residence options 9. Examples 10. Subscriptions/journals 11. Bank accounts 12. Qualifications Chapter 5: Moving abroad 1. Travel costs 2. Example 3. Premature repatriation 4. Example 5. Relocation expenses 6. Example 7. Self employment costs 8. Example 9. Self assessment compliance 10. Examples Chapter 6: Arrival 1. Foreign wills 2. Forced heirship/Sharia law 3. European succession rules 4. Resealing a foreign will 5. Examples 6. Foreign property purchase 7. Expat clause leases 8. Example 9. Foreign bank account 10. Exchange control 11. Remittances home 12. Offshore pensions 13. QROPS, SIPPS, etc 14. Examples 15. Offshore investments 16. Savings plans 17. Portfolio bonds 18. Offshore trusts 19. Examples 20. Consulate registration Chapter7: Settling in 1. Foreign tax compliance 2. Double taxation treaty 3. Examples 4. DT/Individual completion 5. Example 6. Foreign medical cover 7. Local connections 8. Bribery Act 9. Investment adviser 10. Investments/savings plans 11. UK holidays/emergencies RDR3 12. Property elections 13. Examples Chapter 8: Returning home 1. Capital gains planning 2. Examples 3. Exchange rate gains/losses 4. Example 5. Share options/termination payments 6. Example 7. UK assignments 8. Example 9. Financial reviews 10. Bonds tax implications 11. Bond encashments 12. Example 13. Foreign spouse tax implications 14. Excluded property trust 15. Example 16. Foreign tax returns 17. Tax departure certificates 18. Foreign pension encashment 19. Examples EPF, Aussie Super, etc Chapter 9: Back home 1. Remittance basis 2. FLOWCHART 3. Examples 4. Non doms IHT 5. Re-employment 6. PAYE starter notification 7. Share option taxation 8. Relocation 9. Examples 10. Register with HMRC 11. Reporting capital gains 12. Examples 13. Reporting foreign income 14. Example 15. Property purchase 16. SDLT 17. ATED 18. Self employed compliance 19. Example 20. Claiming UK domicile Chapter 10: Concluding checklist