Practical aspects of expatriate tax

Event type: Mastercourse

This course is being withdrawn from the open access programme.

Contact inhousetraining@cimaglobal.com to discuss running this course in-house.

Alternatively, view the other Tax courses available open access.

 

Expatriate tax has always been a difficult area. HMRC have specialist teams dealing with this area as they realise that increased resources devoted to risk areas, both in terms of training and computer software, reap increased rewards. It is evident from the enquiries being raised and the recent changes in this area that HMRC are tightening up their approach.

2013 is a year of really fundamental change with the introduction of the new statutory residence test which operates from 6 April 2013 and which impacts in a major way on expats. It is designed to give certainty with a defined answer but the complexity means that clients need to be very careful with the detailed provisions which may not give the result desired. Additionally there are major changes with the abolition of ordinary residence and the codification of the split year treatment for arrivers and leavers.

What you can gain

  • Analyse the risk areas for expatriates who come to work in the UK for multinational corporations and other companies, with special emphasis on areas relating to employees who travel in the course of their employment.
  • Discover the practical mistakes to be avoided, the underlying principles, the risk issues and areas of exposure, and the planning opportunities available.

Even greater consideration needs to be given to expatriate assignments to ensure their success and that maximum value is achieved.

Outline

  • the new statutory residence test and how it impacts on tax and other liabilities for internationally mobile employees
  • the new rules to replace ordinary residence and the split year concession for internationally mobile employees
  • understanding tax equalisation and tax protection
  • PAYE issues, including modified PAYE
  • dual employment contracts and employee secondments to the UK
  • dealing with bonuses and share-based remuneration
  • short-term business visitors
  • double tax treaties
  • moving expenses and international travel
  • social security.

  • CIMA Mastercourses held in partnership with BPP 

    Find out more
    If you have any queries please email or phone us on +44 (0)845 026 4722.

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