ProACT Sam examines how expats relocating overseas can tax advantage of split year rules as a one off opportunity to use personal allowances to maximise tax savings.

Capital gains tax (CGT) is due when you sell an asset such as a property, shares or cryptocurrency. However, if you die then CGT becomes inheritance tax which means that your family will pay up to 40% tax.

By taking the right steps and planning ahead you can reduce this liability all the way to 0%.

We’ll be looking at how making a will can help you avoid inheritance tax.

Your last tax return is due when you die - your inheritance tax return.

ProACT Sam discusses how relocating expats can avoid getting caught by full year worldwide tax in the UK.

In this weeks webinar I looked at non-residence for UK expats.

If you’re selling a UK property - or any asset such as crypto for that matter - while living & working abroad then you may be liable to capital gains tax in the UK.

Watch this weeks webinar on UK property sales, how to minimise capital gains tax & submit your CGT tax return.