Seminar: Understanding UK Taxes, Tax Residency Rules and Investment Tax Planning

Date: 05 Nov 2013
Location: Beijing, China
Time: 18:00-21:00
Cost: Members FREE Non-Members 100
Venue: Capital Club, Beijing
Address: 50th floor, Capital Mansion 6 Xinyuan Nan Road, Chaoyang District

UK tax and pension regulations have changed a lot in recent years. Coming into play now in the UK are new residency rules, where it is not simply a case of counting your days, but of applying a series of tests linked with connections to the UK.

If a combination of the number of days in the UK and these connections pass thresholds, then a person could be liable for UK tax. It is therefore important for any UK or Chinese citizen who regularly visits the UK and has business and family connections with the UK to understand these tests. There are also taxes applied to property and investments, as well as things that can be done to avoid or reduce these.

This seminar on the evening of Tuesday 5 November at the Capital Club in Beijing aims to provide a basic understanding of what you need to think about for UK taxes. Registration is free for BritCham/CBBC members, and wine and other drinks will be provided.

Topics to be covered

  • The UK tax system for non-nationals

  • The importance of residence and domicile

  • Visa requirements (general)

  • Offshore trust structures

  • Investing in UK businesses (including property investment and development)

  • Inheritance tax

  • UK residential property

  • Business tax in the UK

  • Costs of being in the UK

  • Offshore pensions

  • QNUPs/QROPs investing in the UK

  • Background to the UK economy

  • UK business entities

  • Business tax

  • Personal tax

  • VAT and Duty

  • Employment taxes

  • UK as a holding company location

  • Coming to the UK

  • Buying residential property

  • Investing in UK property

  • UK pensions (SIPPs)


Alastair McQuater for Buzzacott LLP will speak on "The UK tax system for non-nationals and investing in the UK"

Alastair is a partner in the firm's business tax team, working primarily with cross border businesses and businesses in the financial services and professional practice sectors together with their owners. He speaks regularly on business tax issues to a range of audiences including clients, contacts and member firms of Buzzacott's international association. He is a Chartered Accountant and Chartered Tax Adviser, has been a partner since 2002 and before that led the tax team of a Thames Valley firm.

Russell Brown of LehmanBrown will speak on "The importance of tax planning when living abroad".

Russell Brown is founder and managing partner of LehmanBrown International Accountants, a China-focused accounting, taxation and business advisory firm. The firm operates in Beijing, Hong Kong and five other offices across China, employing around 200 professionals. Russell has over 25 years of professional experience, and has spent 18 years living in China to establish and develop businesses. Prior to founding LehmanBrown, Russell was Global CFO of one of the world's largest public relations and communications consulting companies.

Steve Flora of Montpelier will speak on "Offshore investment opportunities for non-residents".

Steve Flora is a Senior Partner of the Montpelier China division of the Montpelier/Merito Global group out of the UK. With offices across Asia in Hong Kong, Singapore, Malaysia, Thailand and Shanghai, providing global financial services since 1989, Montpelier China specialise in personal tax, investment, pension planning and wealth protection, working with more than 40 different nationalities across six continents. Steve has been working with the company for over 20 years, based originally in the Middle East before moving to the Far East to head up the Thailand, Brunei and Shanghai offices. He is now based in Beijing.

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