This April, foreign expats may have more regulations to consider when maximising their annual allowance as the end of the tax year approaches. Implications on inheritance tax, tax for those on a remittance basis who are approaching the 15 year deadline, and tax on any UK property held through an offshore company structure are just some of the areas that might need to be reviewed. Planning out legitimate tax opportunities may become more complex for foreign expats; as such seeking professional financial advice could help to understand any changes.
