Moving Back to the UK
Moving back to the UK presents a natural opportunity to review your finances. It may be that no real changes are needed, but it is sensible to take stock as part of your move, especially considering the highly evolved UK tax system. Prior planning is crucial and it is beneficial to begin the process at least 18 months before moving.
The most important step is to ensure that you properly re-enter the UK tax system. Planning ahead means you can take advantage of your expatriate status before you return. For example, you could be able to minimise your income and Capital Gains Tax liability prior to your official return to the UK.
Moving back to the UK also offers an opportunity to evaluate your investments notably your offshore and onshore capital, your pension arrangements and entitlement and consider any changes to your investment portfolio.
We can help. Please contact us for more information or to discuss your personal circumstances.