09 May 2007
I have been asked to advise a new client and his spouse. They have both been resident and ordinarily resident in the UK for over 20 years, but are domiciled in India.
They are a successful self-employed professional couple and have accumulated funds over the years, which are held in a joint interest bearing deposit account in the UK. At the end of each tax year, higher rate tax is paid on the interest which is not insignificant.
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
