Residency & International Tax
For internationally mobile individuals and those with overseas income or cross-border interests who want clarity on their UK tax position.
International tax is rarely straightforward
International tax mistakes are rarely deliberate. They often happen because people assume that living or working outside the UK automatically means they no longer have UK tax considerations. Or they assume that income earned overseas is automatically outside the scope of UK taxation. The reality can be more complicated.
IB&Co International Tax Advisory is designed to help internationally connected individuals better understand the tax questions they need to consider. That includes UK tax residency questions and overseas income considerations. Rather than waiting until a tax return or deadline is approaching, the aim is to identify important tax considerations earlier, before key financial decisions are made.
WHO THIS IS FOR
You may need to consider your tax position if you:
- Live between more than one country
- Work overseas
- Have recently moved to or from the UK
- Receive income from another country
- Own overseas property
- Hold investments internationally
- Operate a business across borders
- Spend significant periods outside the UK
- Have become UK resident after a long period living abroad, including UK nationals returning home
What we review
Depending on your circumstances, a review can consider:
- Your UK tax residency position
- How your overseas income and gains are taxed in the UK
- Whether the Foreign Income and Gains (FIG) regime may be relevant to you
- Overseas property and international investments
- The tax implications of a planned move to or from the UK
- Cross-border business interests
What you get
Depending on the scope we agree after your first call, you can expect:
- Identification of the key tax areas for your circumstances
- An initial assessment of risks and planning opportunities
- Priority recommendations and suggested next steps
- Where a detailed review is agreed, structured analysis, professional recommendations and an implementation plan
- Where required, ongoing planning and advisory support
What we do differently
Questions around residency, overseas income and cross-border financial arrangements can be complex, and they often affect each other. We start by understanding where you live, work, earn and hold assets, and what you are planning next. That way, the questions that matter for your situation can be identified and considered together rather than one at a time.
A Proactive Approach
The best time to review your position is before a key decision is made, not when a tax return is due. If you are planning a move to or from the UK, starting work overseas or acquiring property or investments abroad, that is the time to talk.
How it works
Your first call is a Tax Planning Discovery & Scoping Call. The purpose of the initial conversation is to understand your circumstances and determine where IB&Co can provide meaningful advisory support. From there, the process follows five clear steps.
Discovery
We start by understanding your circumstances and objectives.
Scope
We identify the areas requiring further consideration.
Review
Where appropriate, we undertake a detailed advisory review.
Recommendations
We provide professional guidance based on the agreed scope of work.
Ongoing Support
Where required, we provide ongoing planning and advisory support.
Meet your adviser
Ishmael Bangura, Managing Partner
Ishmael Bangura is the Managing Partner of IB&Co Accountants. He has been a practising accountant and tax adviser in the UK for about 15 years, and in that time has advised more than 950 clients, including startups.
Ishmael is also an entrepreneur who has built and exited businesses of his own, and that experience of running a business informs how he approaches tax planning with clients.
Other Tax Advisory Services
Tax questions rarely sit neatly in one area. Explore our other Tax Advisory services below.
Business Tax Advisory
For SMEs and growing businesses seeking a more proactive approach to tax planning. We help owners and directors consider the tax implications of business decisions before the year end, not after it.
Director Tax Planning
For company directors and shareholders reviewing remuneration and income extraction strategies. Salary, dividends, pension contributions and the timing of payments can affect both your personal and company tax position.
Corporation Tax Planning
For businesses seeking greater visibility and planning around Corporation Tax. We help you bring tax considerations into investment, expenditure and profit extraction decisions earlier in the year.
Personal Tax Planning
For individuals with multiple income streams or increasingly complex financial circumstances. A decision in one area of your finances can affect your tax position in another, so it helps to plan ahead.
Property & Capital Gains Tax
For property owners, landlords and investors. We help you understand rental income, joint ownership and Capital Gains Tax considerations before a sale, transfer or other major transaction.
Inheritance Tax Planning
For individuals and families thinking about estate planning, gifting, trusts and reliefs. Inheritance tax planning is really about making sure your money goes to the people you care about.
R&D Tax Credits
For companies investing in innovation, in any sector. We help identify qualifying R&D activities, document the work and prepare claims, including the HMRC paperwork.
Tax Investigation Support
For individuals and SMEs facing an HMRC enquiry, compliance check or disclosure. We act as your authorised agent and deal with HMRC on your behalf, so you do not have to face HMRC alone.
Stamp Duty Land Tax (SDLT)
For property buyers, including purchases through a company and mixed-use property. We advise on reliefs, the higher rates for additional dwellings and possible SDLT reclaims, ideally before you exchange contracts.
Frequently Asked Questions
Possibly. Many people assume that living or working outside the UK means they no longer have UK tax considerations, or that income earned overseas is automatically outside UK tax. The reality can be more complicated.
Your UK tax residency position and how your overseas income and gains will be taxed. If you have become UK resident after a long period living abroad, including UK nationals returning home, the Foreign Income and Gains (FIG) regime may be available for a limited period. It is not automatic: it has to be claimed through Self Assessment, it does not cover every type of overseas income, and claiming it can mean giving up some tax-free allowances. Whether it suits you depends on your circumstances, so it is worth reviewing your position early.
People who live between more than one country, work overseas, have recently moved to or from the UK, receive income from another country, own overseas property, hold investments internationally or operate a business across borders.
Before key financial decisions are made, such as a move to or from the UK, rather than waiting until a tax return or deadline is approaching.
Not always, but it can help. Filing a return reports what has already happened. Tax advisory looks at important decisions before you make them, so you can understand the possible tax implications while there may still be room to plan.
Our Tax Advisory service is designed to complement your existing accounting and compliance work.
We quote after the discovery and scoping call, once we understand what you need.
Request a callback
Prefer us to call you? Leave your details, the service you are interested in and a convenient time, and a member of the IB&Co team will call you back to talk through your circumstances.
Talk to us before you move
Let’s start with your circumstances. Book a confidential initial conversation with IB&Co to discuss your circumstances and identify the areas where Tax Advisory support may be appropriate. Where detailed tax advice is required, we will explain the recommended next steps and engagement process.
Bring your latest accounts or tax return and a note of what you want to achieve.