The UK tax regime for individuals who were born in the UK with a UK Domicile of Origin who return to the UK is changing even if such an individual has acquired a Domicile of Choice overseas. The new rules will be implemented with effect from 6 April 2017 and will affect all Formerly Domiciled Residents.
Read a copy of our Briefing Note entitled “Issues for those born in the UK with a UK Domicile Of Origin” for more information.
The date is approaching fast; and those affected by any of the above new measures should review existing arrangements as a matter of urgency and take professional advice.
For solutions to these issues, please contact Karen Methold, Chris Cooke or Robert Drysdale in our Wealth Planning team.