Individual – Residency, Capital Gains

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Xeinadin Group

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A gentleman who had emigrated from the UK was made subject of a HMRC investigation relating to his Residence position and Capital Gains that he had made on the disposal of shares in UK companies.

He consulted CM accountants as the potential tax involved was more than £20,000,000. We carried out a detailed review of his affairs and secured a settlement with HMR&C of less than £2,000,000, saving him a very significant amount of money. We also established his non UK Residency for tax purposes which ensured that he would not have to endure similar investigations in future.

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