June 21st, 2016 / Insight posted in Practical Guides

Domicile for UK Tax Purposes

Domicile is a legal concept which impacts on an individual’s UK tax position, and simplistically, an individual is domiciled in the place they consider to be their permanent home and where they have the closest ties. It is a concept that is separate to nationality and legal residence or citizenship. It is possible for an individual to have dual nationality, but they can only be domiciled in one place.

Determining domicile status involves an analysis of family heritage, personal intentions and other factors such as country of residence. There are proposals and draft legislation that will change the taxation of non-UK domiciled individuals who are long term residents in the UK from 6 April 2017.