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Offshore trustees - rebasing

The taxation of UK resident non-domiciliaries changed significantly from 6 April 2008. Capital gains crystallised within offshore trust structures remain outside the scope of UK taxation when realised. However, such gains can become chargeable to UK tax when matched to capital benefits provided to UK resident beneficiaries, which can include the settlor.

For more information, please see the Offshore trustees - rebasing factsheet.

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