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New queries, issue 4499

05 May 2015
Issue: 4499 / Categories: Forum & Feedback

Non-resident tax; Opting effect; Retiring shareholders; Declaration of trust

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Non-resident tax

Paying a dividend and crystallising capital gains while non-UK resident

I act on behalf of a UK domiciled client who was non-UK resident for five out of seven years to 5 April 2014 and then became non-resident again from that date. He expects to be non-resident until 5 April 2017.

During the two years he was resident in the UK (2012/13 and 2013/14) he ran a successful company which ceased trading when he became non-resident in April 2014. The company...

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