resident non/domicile

[Wealthy]

You first have to have foreign income that you want exempted from tax, you then apply for non-domicile via DOM1; this can be alongwith your tax return. You cannot apply beforehand, only when such an eventuality has arisen.

I am not sure what happens next - does the Revenue issue some kind of certificate confirming your non-domicile status or give a written ruling? And how long does it take? I know of someone who submitted a DOM1 five months ago and has not heard anything at all.

Regarding exchange of information, surely that happens from 1st July.

[dogsdinner]

Hello Jerry,

My mother who is in her eighties, ownes a property worth several million in the UK, she was born in the channel islands and has property there, she can domicile back to the Islands and after 3 years she will avoid inheritance tax. But suppose she cannot sell her UK property before she returns to the Islands? Will the property be subject to tax if she does not sell it before she leaves?

Alternatively if she decided to stay in the Uk could she set up a company to protect the property form inheritance tax, and if so would the company have to buy it and stamp duty paid?


Thank you

[johnbuchmiller]

My wife is an accountant and tells me that there is nothing you can do to prove that you are not domiciled.HMRC will always look at your situation holistically, so no two cases will be the same. If they don't agree with you then your only option is to go to court and consult IRS Lawyer.You may find this helpful.

[maths]

My wife is an accountant and tells me that there is nothing you can do to prove that you are not domiciled.

This is incorrect.

[johnbuchmiller]

Contact Chicago IRS Lawyer they definitely help you.