Personal Taxation and Financial Planning Considerations for UK connected Individuals

Event Details

Join British Chamber of Commerce Abu Dhabi and Quilter Cheviot for a session about Personal Taxation and Financial Planning Considerations for UK connected individuals.

When: Wednesday, 23rd October 2024

Time: 8am - 10am

Where: TBC

British expatriates and future residents may be surprised to know that the UK tax code is the longest, and probably the most complex in the world. Living overseas, in an environment with no personal taxes, does not assure the results many expect. Even those with no past or future connections, other than wealth there, can be subject to significant taxation. This session considers the unexpected nuances, tax-traps and opportunities, considering property, retirement planning and investments.

Learning objectives:

Determine when to consider when and how tax residency changes, the importance of timing and the implications for personal taxation on income and investments
Understand the common-law concept pf domicile, and importance for inheritance tax
Comprehend possible changes, under a new Labour Government
Gain knowledge in retirement planning, and the UK-UAE 2016 Double Tax Convention
Discuss the differential tax treatment of UK property

BCC AD Members: AED 150

Guests: AED 240

Speakers

David Denton
Technical Consultant at Quilter Cheviot
David’s role is to simplify complexity, and share technical knowledge, in a user friendly and practical way. In association with Quilter Cheviot he works extensively with private clients, business owners, accounting, tax and legal professionals, creating compelling solutions to challenging problems.

He has worked for the Quilter group of companies for 25 years covering the UK and International regions, from Latin America to Asia and the Middle East. He is a regular contributor to the press, presenter and commentator, having spoken on industry matters and technical subjects for trade bodies, private banks, and training providers.
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