Beyond Compliance
Residency and domicile
Supporting your life in a new country
Moving to a new country can be an overwhelming experience, especially when you’re trying to navigate new laws and tax rules. Whether you’re coming to the UK, planning long-term residence or leaving the UK to live abroad, our expert advisers can support you.
Residency and domicile
How can our residency and domicile advisers help?
Pre-UK arrival tax planning
We will support you on all aspects related to residence, domicile and the structuring of your assets to include segregation of funds.
Advice on your UK residence and domicile position
Our advisers can help you determine the right residency and domicile status, ensuring you stay fully compliant and allowing you to benefit tax efficiencies.
Application of split year treatment
When moving to or away from the UK, the tax year is usually split into two parts: a non-resident part and a resident part. Managing the split-year process is essential to ensure you only pay UK tax on foreign income based on the time you were living here.
Advice on segregation of bank accounts
We can help clients maintain their overseas bank accounts properly and advise on the clear segregation of funds.
UK tax registration and Self-Assessment
UK tax can be extremely complex for those that don’t have a good understanding of the system. Our advisers will guide you through your tax reporting obligations and make sure you never overpay on tax.
Advice on the application of remittance basis Vs. arising basis of taxation
We can help clients navigate the most optimal method of taxation and advise on the related intricacies.
Get in touch
Starting a new life in the UK or another country is a big step – and that’s without the stress of arranging your residency and tax affairs.
Led by Sonal Shah and Ana-Maria Tomciac, our specialist team will provide you with complete peace of mind by handling the complexities of your immigration process, so you can focus on settling into your new home.
We’d be happy to arrange a free consultation – simply fill in the enquiry form or call us on the number below to speak to one of our residency and domicile advisers.
Call us
+44 (0)20 7299 1400Get in touch
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Why choose us
Why Gerald Edelman?
Residency and domicile is a complex area of tax law that has a significant impact on your tax obligations and estate planning. Every country has its own tax rules, rates and exemptions, and determining your status is crucial to ensure you are taxed correctly – whilst enabling you to take advantage of available tax benefits.
At Gerald Edelman, we’ve supported countless individuals, families and businesses throughout their journey before arriving to the UK. This experience is vital to set you or your business up for long-term success, whilst avoiding any costly mistakes or delays along the way.
If you’re currently planning a move to the UK or abroad, get in touch via the contact form above to discuss your situation with one of our residency and domicile advisers.
common questions
Frequently asked questions
What is the difference between residency and domicile status?
Residency status refers to the place where an individual lives or resides for tax or legal purposes; whereas domicile status refers to an individual’s permanent home and intent to return to a specific country. Both factors can have significant implications for tax and legal matters.Â
How can I determine my residency status?
A good starting point is to follow our guide on the UK’s Statutory Residence Test. Determining your status can be challenging, so please feel free to get in touch with one of our team if you’re struggling to establish a clear answer.
Am I eligible for non-dom status?
Eligibility for non-dom status depends on a range of different factors, including your current domicile, residence status and length of residence in the UK. This area of tax law can be complicated and often subject to evolving regulations and rule changes. We’d advise talking to one of our experienced tax professionals to determine your situation and eligibility.
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