Feature: Wills for Business Owners
February 19, 2018
Feature: Sole Traders – Peace of Mind for Those with Unlimited Liability
March 12, 2018
Feature: Wills for Business Owners
February 19, 2018
Feature: Sole Traders – Peace of Mind for Those with Unlimited Liability
March 12, 2018

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Featured: Domicile

The UK is a multicultural society and many families who call Britain home have come from somewhere else. The British Empire once roamed far and wide, and now this small island reflects this historic global influence.

This makes domicile an important term for many families and yet few really understand what it means, if they are aware of it at all. Certainly few are aware of the impact it may have on your estate, and your ability to provide for your loved ones. 

Your domicile status can have an impact on the taxes due between married couples. Many, if not all, of us live with the impression that there is no inheritance tax between spouses. If you are not UK domiciled you may not benefit from the full spousal exemption, that UK domiciled spouses can rely on. 

To understand your domicile and gain peace of mind that you have put appropriate provision in place for your loved ones, get in touch today to arrange a full, confidential review. 

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