Happy new tax year! To celebrate, Liz Ritchie is here to tell you how to navigate the UK’s tax landscape in 2025

How to navigate the UK’s tax landscape

There has been a lot said about the appeal of London, and the UK as a whole following changes to non-dom tax legislation. However, it continues to be a global hub for business and culture attracting internationally mobile individuals, with a significant proportion coming for work, study or investment.

And London’s attractiveness has been boosted by the introduction of the Foreign Income and Gains (FIG) regime. This offers new UK tax residents a four-year exemption on foreign income and gains, provided they were non-UK residents for the previous 10 tax years. A nice upside for those thinking about making the UK home.

However, this doesn’t mean that navigating the complexities of UK tax residency when you are travelling, working and living internationally is an easy job. There are guidelines which help but it is still a complex matter, and one that needs careful consideration and record keeping. UK residency for individuals is assessed based on a combination of the number of days presence in the UK and certain ties........

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