‘Once in a lifetime opportunity’ for UK non-doms
By Will Grahame-Clarke, 11 Apr 18
Blick Rothenberg partner Lee Hamilton shares his tax tips, including a once in a lifetime opportunity this year, for UK non-domiciled individuals.
Consider transferring UK-based income producing assets to the lower earning spouse to utilise their personal allowance and lower tax bands.
By doing this early, it allows for more of the tax year to generate the sufficient income to fully utilise the personal allowance and lower tax bands.
Tags: Blick Rothenberg | Non Doms | UK Adviser