HMRC have given non domiciled taxpayers a two year window to reorganise their mixed funds into capital, income and gains. This window will operate from 6^th April 2017 to 5^th April 2019.

A non-domicile who has paid the remittance basis charge before 6^th April 2017 can take advantage of these rules. Money which is held in bank accounts can only be segregated. If assets are held within these bank accounts; they will need to be realised before segregation within the bank account. If you would require advice on such complex rules please do contact us.

Tax is an area we specialise in, so you can rely on us to give you proactive tax advice which will help you become more tax efficient whilst increasing profits which you can utilise to fulfil opportunities which could not have previously been met.