remittance

Hey guys, Have been toying with the idea of changing my country of residence from Cyprus to Thailand for a variety of lifestyle and taxation reasons. I understand that there's a lot of uncertainty about the recently announced changes to their tax system, however wanted to ask a couple of...

Hi everyone! Pretty happy that I found this forum as people here seem to have way more knowledge than on Reddit and the likes. So, recently me and my wife moved to the UK for work. Before that we lived a bit more than 5 years in the Netherlands, but originally we are from one non-EU European...

Hi, A resident individual can transfer money abroad to the limit of USD 2,50,000 per financial year. It comes under the Liberalized Remittance Scheme (LRS) which is set up by the RBI. https://m.rbi.org.in/scripts/FAQView.aspx?Id=115 is it possible to send more than 250k if yes how?

Hi, I hope some one can answer my question. Here is my situation, I am Domiciled within UK since 2020 April, Resident and Ordinarily Resident. I own 100% of a UK company pay my self a salary (PAYE), take profits and declare my taxes (self assessment) to HMRC both personal and the companies. My...

Hi, I would be happy if anyone could help with this tax question. I am resident but non-domiciled in the UK. By the remmitance rule, I am taxed on foreign investment income only up to the amount that I send back to the UK. I would like to understand if this sequence I have i mind is feasible...

Hello, One of my client is 'UK non domiciled', he lives in the UK and he has choosen to be taxed only on his UK income and gains and ONLY foreign income and gains his bring back to the UK. ( Remittance basis) His statut allows him to invest in offshore company or work abroard without paying...