Residence and Domicile
Do you live outside the UK but originate from here? Are you living in the UK but originate from overseas? Even if you were born in the UK, you may not be domiciled here if your heritage is elsewhere and you plan to live abroad at some stage.
Residence and domicile can impact on a variety of taxes; income, capital gains, inheritance tax etc. CKLG Accountants will advise you on the range of taxes and how they may interact with one another.
In today’s global economy we can provide help and advice to assist you in complying with your reporting requirements. With recent legislative changes it is more important than ever that any residence or domicile issues are dealt with correctly. We can help you get it right.
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From 6 April 2013 any unincorporated business (not companies or LLPs) can use fixed rate expenses to replace the calculation of actual costs incurred in these categories of expenses: