The UK tax rules have been designed to be attractive to wealthy international individuals, both to live and to invest in the UK.
Those tax rules are complex and in recent years have been changing at a bewildering pace.
The UK remains an appealing place for international private clients to live and acquire a home, but it has never been more important to take detailed professional advice before coming to the UK or acquiring a property. Waiting until after your arrival or acquisition of a property is likely to be leaving it until too late.
Asset holding structures: what options should I be considering?
In recent years, there has been a growing need to take proactive steps to protect personal, business and family wealth from the impact of relationship breakdown, succession disputes and misappropriation of assets. This is often done through the use of trusts and similar asset holding vehicles. The choice of both vehicle and jurisdiction is vital, as is a deep understanding of the family and the governance issues involved.
We can help you with any of these issues, as well as finding solutions where conflicting tax and legal regimes affect international families and their wealth structures.
Residence and Domicile: what do I need to know?
Your liability to tax in the UK will depend largely on your “residence” and “domicile” status. We are able to help you to understand your position in relation to these rules and the UK tax system if you are coming to live in the UK or own assets in the UK. We can also advise you how the different tests for tax and immigration purposes interact, and demonstrate how you can achieve maximum flexibility in your and your family’s presence in the UK.
For more information about our wider international practice, and how we can support families across all areas of immigration, family, reputation, philanthropy and so on, please click here.
Meet the team
Charles Russell Speechlys boosts private wealth offering with the hire of an international tax team
Robert Reymond will be joined at the firm by Leigh Nicoll, Emma Tyrrell and Oliver Cooper.
Charles Russell Speechlys advises Fudco Partnership on sale to Exponent-backed Vibrant Foods
Fudco is a family-owned business selling South Asian ethnic foods in UK and Europe.
Spring Budget 2021 - predictions
Spring budget 2021 - what will the Chancellor do?
Midshore or Midtown? Changing trends in wealth structuring for Latin American clients
Our panel discussed how Latin American international wealth structuring is changing, current trends and the impact of economic substance.
Business Interruption Art
We understand that these are extremely difficult times and we are here to offer as much support as possible to our clients.
What should I consider when gifting heritage and farm property assets?
Listen to Alex Caton and Louise Paterson discuss gifting heritage and farm property assets.
UK resident non-UK domiciliaries: the remittance basis
Non-domiciliaries planning on becoming resident in the UK ought to be aware of the remittance basis of taxation.
Non-UK domiciliaries: Inheritance tax issues and opportunities
An introduction to inheritance tax issues that need to be considered where a “non-dom” is planning on becoming resident in the UK.
Tainted love: ensure your trust stays protected
The April 2017 tax reforms in relation to foreign domiciliaries brought major changes to the regime that applies to offshore trusts.
Charles Russell Speechlys crowned 'best legal team' at the WealthBriefing Swiss Awards 2018
The triumph is another milestone in establishing the firm’s growing reputation in Switzerland.
29 lawyers ranked in Chambers High Net Worth Guide 2017
We performed extremely well and received some fantastic feedback from clients and contacts.
What the two forthcoming Finance Acts will mean for non-doms and beneficiaries of non-resident trusts
The New UK Trust Register: Impact on UK trusts and trustees
New Money Laundering Regulations contain considerable new obligations on trustees and transparency measures to look out for
Charles Russell Speechlys nominated for Annual STEP awards 2017/18
Commercial Litigation and Private Client teams are shortlisted for The Legal Business Awards 2017
Budget 2017: Initial views
Initial views on Chancellor Philip Hammond's Budget speech.
Succession in UK Family Businesses
If you are a family business owner, now is the time to tackle those difficult questions on succession for the long term benefit.
Lack of governance ‘stunts growth’ of UK family businesses
New research published by Family Business Place and Charles Russell Speechlys.