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Exit taxation in the UK2021-08-02T15:13:34+03:00

Exit taxation in the UK

 

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exit taxation in the UK

Quick summary:

What’s this booklet about?

Dear reader,

The UK is widely recognized as a high-tax country as it may charge personal income tax at the rate of
up to 45% and a corporate tax of 19%. That is why many UK residents choose to depart for low-tax jurisdictions.

For example, companies and individuals established in Bulgaria pay a flat corporate/personal income tax of just 10%. Furthermore, Bulgaria’s EU membership allows such companies to benefit from the EU freedom of movement and all advantages provided by EU law.

However, similarly to many other western countries, the UK taxman will not allow you to easily escape its grip. To avoid UK taxes, you first need to ensure that you are not a UK tax resident (Section 2). Afterwards, you need to be careful not to return in the UK within a time period of five years following
your departure as such a return may lead to taxes on certain income and gains with a retrospective effect (Section 3). We will provide recommendations on how to avoid paying the UK retrospective taxes (Section 4). Last but not least, if you escape from the UK tax jurisdiction, you can still be subject to taxes if you have income from UK-sources (Section 5). In this article, we will examine the aforementioned topics and will provide concluding remarks (Section 6).

Kind regards,
I De Hoon
Managing Director

Get the book for 7.50 Euro! (VAT-exclusive)

(Instant PDF download, edition 2021, Pages: 19)

By reading this book, you will learn:

1. INTRODUCTION
2. UK RESIDENCY

  • 2.1 RUMBELOW & ANOR V. REVENUE & CUSTOMS
  • 2.2 HMRC V GLYN

3. RETROSPECTIVE TAXATION ON CERTAIN INCOME AND GAINS

  • 3.1 INCOME THAT MAY BE SUBJECT TO RETROSPECTIVE TAXES

4. AVOID THE UK RETROSPECTIVE TAXES 
5. TAXATION OF NON-RESIDENTS 
6. CONCLUSION 

If you have any questions, we are right here to answer them. We love our customers, and we’d love to help you in any way or just listen to your story. So please feel free to ask questions.. we’ll get back to you right away. Just in case: here are answers to some frequently asked questions about our eBooks.

Is our information correct !?2020-06-17T12:12:58+03:00

Dear reader,
We are not going to be overnight. We try to distinguish ourselves from the other information on the Internet by:

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The whole is expertly coordinated by Iven De Hoon with his years of experience and extensive network.

We are always looking for experts to strengthen our team. You can email us at info@dehoon-dhp.com.
If you notice an error or inaccuracy in a text or an eBook, please contact us at info@dehoon-dhp.com

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What about EU VAT? Do I need to give my full address?2020-05-18T11:50:11+03:00

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(Specifying the book you want)

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I have a question that is not covered here2020-06-17T12:21:36+03:00

No worries! Please get in touch with us via the contact form. We would love to help you as soon as we possibly can!

About the author

Iven De Hoon

Iven De Hoon is trained as a lawyer (Antwerp, Belgium), and is also master in tax and accounting at the acclaimed Vlerick Institute (Ghent, Belgium). He has published many articles and books on different tax topics and has more than 25 years’ experience. More about Iven De Hoon …

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