Advising a client on his ability to abandon his UK domicile and his potential status as a ‘Long term Resident’
We advised an extremely wealthy client on his ability to abandon his UK domicile of choice and his status as a ‘Long Term Resident’ after 6 April 2025. This advice formed part of the work we were doing more broadly in relation to an enquiry HMRC had opened on a previous tax return. We were able, at very short notice, to produce a practical and legally sound note of advice containing the steps he could take to abandon his UK domicile of choice. As part of this advice, we had to consider potential implications for a valuable overseas trust which our client had previously settled.