Course description
This webinar will explain what private client professionals should be considering when dealing with the Statutory Residence Test. It will concentrate on the concept and importance of tax residency.
It is presented by Caroline Doyle, an associate at Radcliffes LeBrasseur LLP who advises clients on all aspects of private client law, including international tax.
Topics discussed will include the position prior to the introduction of the Statutory Residence Test and why legislation was required, the automatic residence and non-residence tests, the sufficient ties test, split year treatment, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This webinar will explain what private client professionals should be considering when dealing with the Statutory Residence Test.
It will concentrate on the concept and importance of tax residency.
What You Will Learn
This webinar will cover the following:
- Concepts of Tax Residency:
- Why is this important?
- Arising and remittance basis
- Position prior to the introduction of the Statutory Residence Test:
- Case law
- Why legislation was required
- Statutory Residence Test:
- Basic rule
- Automatic residence and non-residence tests
- Sufficient Ties Test:
- Review of each tie
- Consideration in the difference in treatment of new arrivals and people ceasing to be UK tax resident
- What is a day?
- Split Year Treatment:
- What is this?
- When may this be useful?
- Impact of COVID-19 on tax residency
- Dual tax residency
Expenses
MBL Seminars Limited
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