Expatriates in the UK through coronavirus lockdown may trigger UK tax residence, but HMRC’s ‘exceptional circumstances’ can prevent a UK tax bill.

Expatriates in the UK through coronavirus lockdown may trigger UK tax residence, but HMRC’s ‘exceptional circumstances’ can prevent a UK tax bill.
How might changes from April affect expatriates and non-UK residents regarding personal tax, savings, pensions, inheritance tax & UK property?
To avoid an unexpected UK tax bill, British expatriates must understand their residency status according to the UK Statutory Residence test.
While domicile and property can affect inheritance tax liability, available reliefs can prevent your heirs from paying more tax than necessary.
British expatriates with UK property need to be aware of all tax costs, including stamp duty, non-resident capital gains tax and inheritance tax.
High UK property prices, limited relief and domicile rule changes saw more families than ever pay UK inheritance tax in 2018, including expatriates.
If you are returning to the UK after being resident overseas, forward planning can help make your move as seamless and tax-efficient as possible.
How might the new UK tax year affect British expatriates regarding personal tax, savings, pensions, inheritance tax and UK property?
Many British expatriates remain UK-domiciled without realising it, leaving their estate exposed to UK inheritance tax rates of 40%.
Expatriates returning to the UK will benefit from reviewing tax planning, residency, pension and Brexit implications before leaving Europe.