Business investment relief for non-doms

Posted by:John Costalas on Nov - 7 - 2012 - Filed under: Expatriates -

To encourage business investment in the UK the Finance Act 2012 allowed UK-resident foreign domiciliaries to use remittance basis income and gains to make investments without chargeable remittance being triggered. The rules are complex and there are many pitfalls. The legislation has been criticised as unclear however recent clarifications from HMRC together with full coverage on the topic will soon be included within their Residence, Domicile and Remittance Basis Manual. Further, a clearance system for queries on potential investments is now up and running accessible at hmrc.gov.uk/cap/annex-b-cap1-checklist.pdf

Reasons To Choose Us


Over 20 years of trusted expert advice

  • Keep it simple - pay for the accountancy services you really need – including set-up, bookkeeping, filing accounts, tax returns and secretarial services.
  • Gain the best advice - we will manage the process for you and make sure you save as much tax as possible.

Making it easy and affordable

  • Save your money – don’t pay over the top for an accountant.
  • What other accountants may consider to be complex, we make routine by using cutting edge technology.
  • We are Central London-based accountants offering convenience without high prices.

Don’t pay too much tax

  • Before working with us, many of our clients had previously been paying more tax than they needed to.
  • If your accountant isn’t up to date on the latest legislation, you too may well be missing out on new tax saving opportunities - don’t take that risk.

Is your accountant interested in your business? We are!

  • We do a complete and proactive job, so you won’t be missing out on tax saving opportunities.
  • We speak your language and we don’t sit back; we monitor, we recommend and we’re never too busy to meet up.


Abbingdon Knight large rose logo