Your non-UK domiciled clients: how to meet the express train - 17 November 2016
Thursday, 17 November 2016, 08:00 - 09:30
Presented by Dominic Lawrance & Alice Wilne
For a significant number of non-UK domiciliaries, 6 April 2017 will bring a fundamental change in their personal tax status, or how their assets are treated. Many long-term resident non-doms who are currently using the remittance basis will suddenly become immediately taxable on their worldwide income and gains. Certain planning opportunities that are currently available will vanish. Structures that currently “work” will cease to do so. At the same time, certain reliefs will become available, albeit on a very time-limited basis.
The complexity of the situation means that, generally, non-doms affected by these changes cannot afford to be inactive, or to muddle through with anything but the most expert advice. Forward planning is essential, despite the uncertainty about some of the proposed legislative changes. 6 April 2017 is coming like an express train and many non-UK domiciliaries are, as yet, ill-prepared to meet it.
Charles Russell Speechlys will be holding a breakfast seminar on 17 November 2017 at the firm’s London office, to discuss what your non-UK domiciled clients should be doing and what you should be telling them. The seminar will be presented by two partners in the firm’s international private client tax and succession team, Dominic Lawrance and Alice Wilne. Dominic and Alice specialise in advising non-doms, both UK resident and non-UK resident, and are co-authors of a leading work on international tax planning. The seminar will approach the subject through case studies, and should offer some fresh and engaging insights into this complex topic.
Please click here to register your interest in attending this seminar, or contact our Events Team for more information.