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11 November 2014
Property effect; Entrepreneurs’ relief; Swiss tax recovery; Softly, softly
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Property effect
What effect will ownership of a half-share in a property have on residence status?
Philip is a UK resident and UK-domiciled individual. He is a senior executive with an international company and has total annual income of around £500 000. He owns a house in London where he has lived for the past 10 years.
He also owns another house in Kent jointly with his brother Martin which was inherited when their mother died...
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