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The new UK tax year: What has and hasnít changed?
Thursday, 18 April 2019

The 2019/20 UK tax year ticked over on 6 April 2019, resetting thresholds and allowances for the next 12 months. We explore changes that may affect expatriates and what you can do to make the most of existing rules.

Do you know where you are domiciled?
Tuesday, 19 March 2019

Are you sure?

For British expatriates, understanding domicile is an important element of estate planning. It is domicile, not residence, that determines your liability for UK inheritance tax. With rates at 40%, UK inheritance tax is one of the most expensive taxes facing British families – and living in Spain does not automatically protect you.

Determining domicile

Domicile is a complex and incredibly adhesive UK common law concept. The basic rule is that a person is domiciled in the country in which they have their permanent home – the country regarded as your ‘homeland’. However, you can remain UK-domiciled even after living abroad for many years.

There are three types of domicile under English law:

·        Domicile of origin – where a child takes their father’s (or single/unmarried mother’s) domicile (not necessarily their country of birth). 

·        Domicile of dependence – applies to women married before 1974 (whose domicile will mirror their husband’s) as well as minors and other legal dependents.

·        Domicile of choice – acquired by moving permanently to another country.

Tax News for AndalucŪa
Monday, 18 March 2019

A new year should also the start of a new tax year in Spain, but the political situation here means that we do not yet know what tax rates we will be paying in 2019.  

Autonomous regional governments in Spain have the power to amend the regional part of the income and wealth tax rates and reliefs, and to adjust the succession and gift tax reliefs and rules. While many Spanish regions have approved their local budgets for 2019, the Andalucía budget is not yet confirmed.

Spainís no-deal Brexit plans safeguard rights of UK expatriates
Monday, 18 February 2019

While there is still much uncertainty as the Brexit clock runs down, Spain has taken care to reassure British expatriates that they can stay and access benefits like healthcare, whatever happens with Brexit.

In January, the Spanish government outlined its no-deal contingency plans in a new Brexit section of its website. This also summarises the issues UK and Spanish nationals and businesses will face after the UK leaves the EU, including residency, healthcare, voting rights, education, travel and financial services.

We explore what this means for expatriates in Spain in terms of residency rights, access to healthcare and voting rights.

What are your UK pension options in Spain today?
Monday, 18 February 2019

Pensions are often the key to long-term financial security, so it is crucial to take extreme care when deciding what to do here. Expatriates have the added complication of factoring in the tax rules of two countries, as well as the potential for Brexit to limit the range of opportunities.

So what are today's options for Britons living in Spain?

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