British Expats - Search Results

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Forum: Australia

May 31st 2010, 9:48 pm

Replies: 20

Capital Gains Tax

Views: 2,924

Posted By Bermudashorts

Re: Capital Gains Tax

Rubbish. For example a UK resident is liable to income tax on worldwide income, including Australian and Uruguyan income if they have it. Similarly, the estate of a UK domiciled individual is...

Forum: Australia

May 31st 2010, 9:42 pm

Replies: 20

Capital Gains Tax

Views: 2,924

Posted By Bermudashorts

Re: Capital Gains Tax

"Generally, if you are domiciled or deemed to be domiciled in the UK then IHT applies to all taxes regardless of where the asset is situated". Per HMRC.

And as per my last post, it is very hard...

Forum: Australia

May 31st 2010, 9:06 pm

Replies: 20

Capital Gains Tax

Views: 2,924

Posted By Bermudashorts

Re: Capital Gains Tax

It is extremely difficult to change your UK domicile status. One would have to be out of the country for at least 17 years before domicile can be changed and if one were to die before such time then...

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