Good morning
I have a situation where a trust registered in liechenstein has distributed all the funds, a large amount, to the beneficiary who is is non UK domicile but was UK resident for part of 2018/19. This is the difficult point because he is stating that he became Non resident at the time the trust made the distribution and I do know that he is now living back in Europe after about 5.5 years in the UK. So the actual date needs to be established.
Basically what is the situation if he was resident in the UK at the time of distribution and when also if he was not resident.
The matter is further complicated as to date he has not prepared any UK tax returns. And I am considering whether to register him.
Also where does one stand with the exchange of information and disclosure requirements?
Thank you.
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