Non-dom w/ overseas income - which profession do I talk to about tax structure?

diylifestyler

I'm a non-dom who has recently moved to the UK without the intention of staying beyond 4 or 5 years. My income is all derived from overseas sources (I'm self-employed in that regards and the only income I need to bring here is for bills, entertainment and what not) and all my assets are outside of the country (house, cash, investments). On an income level, I'd fall into the 40% tax bracket.

I'm looking for professional advice in regards to setting up my financial structure while here, including the purchase of a property to use while I'm in the country, and any impact of the non-dom status and double taxation relief.

My question: what's the best profession to seek advice from? In my country of origin I'd turn to accountant for tax information, though classifications such as 'non dom' don't exist there so things are a lot more straightforward.

So any thoughts on if I should be turning to the likes of an accountant, a financial adviser, a solicitor, an accountant or another class of professional?

pjclar02

I would suggest you speak with a specialist expatriate tax advisor. I can recommend one if you would like

jamesml

An accountant or specialist accountant (as suggested above).

A tax specialist solicitor may be able to help but I would suspect would be bigger bucks and would not necessarily be as useful for the nuts and bolts (although that could be unfair).

Avoid a financial adviser for this, imo, as this isn't where their expertise usually lay.

xylophone

http://www.ukexpat.net/

I should think you would need to look at this type of service?