Course description
If you are a private client professional who works in the UK but has international clients, it is vital for you to understand the principles underpinning domicile and tax residency. With a working knowledge of these concepts, you will be better prepared to advise your clients on planning considerations for international estates.
Caroline Doyle presents this comprehensive and informative webinar that concentrates on the importance of domicile and tax residency from both a tax and succession planning perspective. It will cover the impact of the FA 2017 changes, the statutory residence test, the impact of COVID-19 on tax residency, dual tax residency, situs of assets, forced heirship and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
This newly updated webinar explains what private client professionals should be considering when dealing with international clients from a UK perspective.
The webinar will concentrate on the concepts of domicile and tax residency and explore their importance from both a tax and succession planning perspective.
It will also explore the planning considerations for clients with an international estate and the impact of succession rules and double tax treaties in and with different jurisdictions.
What You Will Learn
This webinar will cover the following:
- Concepts of Domicile
- Why is this important?
- Traditional planning for non-UK clients
- The impact of the FA 2017 Changes
- Concepts of Tax Residency
- Why is this important
- Arising and remittance basis
- Statutory residence test
- Impact of COVID-19 on tax residency
- Dual tax residency
- Common Planning Around Domicile & Tax Residency
- Non-domiciliary
- Non-tax residency
- Tax planning:
- Inheritance tax
- Income tax
- Capital gains tax
- Non-resident capital gains tax and the FA 2019 changes
- ATED
- Corporation tax (re: offshore holding structures)
- SDLT
- Succession Planning
- International private clients
- Situs of assets and forced heirship
- EU succession regulation, the impact of Brexit and the ‘UK worldwide will’
- The Future of International Estate Planning in the UK
- Summary
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...