International Tax

Residence Issues both coming to and leaving the UK

Residence status is a crucial determinant of an individual’s tax liabilities in the UK. Whether you are arriving in the UK or planning to leave, understanding the intricate rules governing residence is vital. Beavis Morgan offers comprehensive guidance on these residence issues, helping you navigate the complexities of UK tax regulations. We ensure that you comply with residency tests, take advantage of available tax reliefs, and structure your affairs efficiently to minimize tax liabilities. Our expertise in residence matters ensures that you meet your tax obligations while optimizing your financial situation, whether you’re starting a new life in the UK or departing for foreign shores.

Domicile Planning

Domicile planning is a strategic approach to minimise an individual’s exposure to inheritance tax. An individual’s domicile, often tied to their country of origin or long-term residence, has significant implications for their inheritance tax liability in the UK. We offer tailored strategies to legally reduce inheritance tax burdens. By assessing your domicile status and wealth distribution, we develop plans that leverage available exemptions and reliefs, ensuring that your assets are preserved for your beneficiaries. Our expert guidance empowers you to make informed decisions, optimising your estate’s financial efficiency and securing your legacy for generations to come.

Use of Offshore Jurisdictions

The strategic use of offshore jurisdictions is a valuable tool in managing international finances and protecting assets. Offshore jurisdictions provide confidentiality, asset protection, and tax efficiencies, which can be particularly advantageous for high-net-worth individuals and businesses. We help clients navigate the complexities of offshore structures and their legal and tax implications. Our expertise ensures that your offshore arrangements comply with all relevant regulations and tax laws while optimising your financial position. We work closely with you to tailor solutions that align with your specific objectives, safeguarding your wealth and enhancing your international financial strategies.

Transfer Pricing Issues and Cross-Border Transactions

Managing transfer pricing issues and cross-border transactions is crucial for multinational companies to ensure compliance and optimize tax strategies. Beavis Morgan’s experts are well-versed in navigating the complexities of global transactions, including pricing of goods, services, and intellectual property within corporate groups. We provide comprehensive support in developing effective transfer pricing policies, conducting risk assessments, and ensuring compliance with local regulations and international standards. Our tailored solutions help minimize the risk of double taxation and costly disputes with tax authorities, promoting tax efficiency and alignment with your business objectives in cross-border dealings.

VAT in Relation to EU/International Trade

Navigating VAT in the context of EU and international trade requires a deep understanding of complex regulations. Beavis Morgan’s VAT experts are here to guide businesses through the intricacies of cross-border transactions, import/export requirements, and VAT compliance. We assist in determining the correct VAT treatment for international trade, ensuring adherence to the latest regulations. Our tailored solutions help mitigate risks, minimize VAT liabilities, and streamline processes for smooth cross-border operations. Whether you’re importing goods, providing services, or expanding internationally, our team ensures that your VAT affairs are in order, supporting your business growth and compliance goals.