The Statutory Residence Test - What Private Client Professionals Need to Consider

Introduction

This short webinar will explain what private client professionals should be considering when dealing with the Statutory Residence Test.

It will concentrate on the concept and importance of tax residency.

What You Will Learn

The webinar will cover the following:

• Concepts of Tax Residency:
• Why is this important?
• Impact of changes in Autumn 2024 Budget
• Position prior to the introduction of the Statutory Residence Test:
• Case law
• Why legislation was required
• Statutory Residence Test:
• Basic rule
• Automatic residence and non-residence tests
• Sufficient Ties Test:
• Review of each tie
• Consideration in the difference in treatment of new arrivals and people ceasing to be UK tax resident
• What is a day?
• Split Year Treatment:
• What is this?
• When may this be useful?
• Dual tax residency

This pre-recorded webinar will be available to view from Thursday 4th September 2025

Alternatively, you can gain access to this webinar and 1,700+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.