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The End of Non-Doms? Understanding the UK’s New FIG Regime for Expats
Manage episode 488368162 series 3613614
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In this episode of The Tax Compass Podcast, Simon Roue and Laura Sant tackle one of the most talked-about changes in UK tax for expats: the end of the non-dom regime and the arrival of the Foreign Income and Gains (FIG) regime.
Whether you're a globally mobile individual, UK expat, high-net-worth resident, or just curious about how these tax reforms are reshaping the financial landscape, this episode is a must-listen.
We cover:
- Why the non-dom remittance basis was removed
- How the new FIG regime works and who qualifies
- Why wealthy individuals are leaving the UK, and where they’re going
- What capital gains, residency, and split-year rules mean for your planning
- The real-life implications of the UK’s statutory residence test
Plus:
- Why an NHS physio in Spain raised serious questions
- What a £200,000-a-day equity earner is doing to legally reduce her UK tax bill
- And how a Mayfair restaurant closure says more than any press release
If you're thinking about leaving the UK or wondering how these changes affect you, book a call with our expert team:
Subscribe for more tax guidance for expats and globally mobile individuals.
Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.
📲 Book a call with us to talk about your situation: https://lsrpartners.com
🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
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