Eaves & Co can help with this complicated and tricky area of tax by compiling a comprehensive report for you. This would explain the tax implications of potential scenarios, thus enabling you to make an informed and confident decision on your future.

If you are planning on moving abroad or are already abroad it is extremely important that you fully understand your tax residency situation.

A taxpayer’s residence has important consequences in establishing the treatment of his UK and overseas income.

Establishing your tax status is of paramount importance if you are planning on realising a capital gain.  If you are able to prove you are a non-UK resident, this could see a substantial reduction in your tax liability.

However it is important to note that in certain circumstances the gain could be brought back into UK tax if you return to the UK within 5 full tax years.