Your day count history has a longer relevance to your tax position than most people realise. Since April 2025, spending 10 of the previous 20 years as a UK tax resident can bring your worldwide assets within the scope of UK inheritance tax long after you leave. Here’s what that means, and why accurate records are the foundation of understanding your position.
Most day counting apps record where your device was. That is not the same as building a contemporaneous evidence record that holds up in an HMRC residency enquiry. This guide covers spreadsheets, day counting apps, and what the best tax residency app for HNWIs actually needs to do — including what an enquiry costs if your records do not hold up.
Receiving a letter from HMRC is rarely the beginning of the story. By the time it lands, they already know more than most taxpayers expect. We sat down with Daysium Founding Partner and the Founder of UK’s Contentious Tax Group, Sarah Scala, to unravel what a tax inquiry looks like, and why what you do before it matters most.
As the global UHNW population grows and client lives become genuinely multi-jurisdictional, the gap between front-office excellence and compliance infrastructure is widening. This article examines what the most effective private client services firms are doing differently, and why the evidence layer is now where relationships are won and lost.
The Temporary Repatriation Facility gives former remittance basis users a window to pay a reduced rate on pre-April 2025 foreign income and gains, but only for a three-year window that closes in 2028. For globally mobile individuals, the strength of your historical tax residency records is vital to withstand HMRC scrutiny.
Most tax residency positions are technically sound. The vulnerability lies in the records that would need to support them under scrutiny. This guide helps advisors identify where client record-keeping risks are most likely to emerge, and what to do about.
When tax residency plans change, the risks are not always obvious. With insight from Scott Homewood at Trident Tax, we explore what families should consider when leaving the UAE and reassessing their position.
Globally mobile creatives live across borders — but tax residency rules still count days. In this conversation with Richard Paul, we explore why strong travel records matter more than ever.
Tax residency record-keeping has evolved. For advisors managing globally mobile clients, it is no longer enough to count days and store documents. In a more scrutinised compliance environment, defensibility depends on whether the evidence tells a coherent, contemporaneous story that supports the residency position.
As an HNWI and globally mobile individual, you’re likely to come across HMRC nudge letters. But what are they, why they’re sent, who might receive one, and what are the practical steps to take with a tax advisor to prevent escalation?
HMRC tax investigations into individuals can be complex, time-consuming and emotionally draining, particularly for high-net-worth and globally mobile individuals. This article explores whether investigations are getting longer, why the wealthy face greater scrutiny, and how strong compliance records and automation can significantly reduce their impact.
Relocating to the Crown Dependencies can feel like a fresh start, but day counting and tax residency rules often mean you need to remember your past. This article explores why UK days still matter, how residency rules differ across Jersey, Guernsey and the Isle of Man, and what HNWIs should prepare before and after a move.