David Lesperance

2 weeks ago | ftadviser.com | Helen Clarke |Irwin Mitchell |David Lesperance

The overall picture for current UK expats is generally a positive one ahead of new tax rules coming into effect on April 6 2025, according to Helen Clarke, HNW and international partner at Irwin Mitchell. Following the Autumn Budget, Rachel Reeves introduced a new set of rules which included the introduction of the foreign income and gains regime. This will offer 100 per cent relief on foreign income and gains for the first four years of UK tax residence for certain returning expats.