Five steps to planning a tax-efficient return to the UK
By , 26 Jul 17
International tax and wealth management firm Blevins Franks has identified five key planning issues for UK citizens wanting to avoid punitive tax implications when making their move from Europe back to Britain. Click on the slides below to see them.
While there is still much uncertainty about Brexit, nothing should change until at least March 2019.
However, expats returning to the UK post-Brexit must bear in mind that they will be moving to a non-EU country by then.
“This could potentially trigger higher taxation in terms of exit taxes on the sale of shares or capital gains tax on selling property within the EU,” Blevins Franks said.
“Ideally, if you can be flexible around the timing of your move, you should plan your return date around your tax planning”.
Tags: Brexit | Estate Planning | Qrops | Residency
