Vectigalis TAX

03/11/2026

Selling a property abroad while living in the UK

No tax to pay abroad does not necessarily mean no UK tax to pay.

When selling an overseas property, it is easy to focus on the local tax position and how to transfer the proceeds. For a UK resident, the sale itself may require a separate UK Capital Gains Tax calculation—even if the money stays abroad.

In my latest Vectigalis Tax article, I follow Thomas through the questions that arise before he sells his Italian flat: historic purchase costs, exchange rates, relief for a former home and the significance of signing the contract.

A practical look at what to check before committing the proceeds elsewhere.

Read the full article https://vectigalistax.co.uk/selling-a-property-abroad-while-living-in-the-uk

Mail: [email protected]

Partner-led UK and international tax advice on cross-border structuring, corporate tax, personal tax, transfer pricing, trusts, IHT, SDLT-related matters and HMRC disclosures.

29/10/2026

When your income crosses borders, more than one country may claim the right to tax it.

If you work, invest or run a business internationally, tax treaties can have a direct impact on your position. They help determine which country can tax particular income and when relief from double taxation is available.

How these agreements are interpreted matters.

Now in my fourth consecutive year teaching for the Chartered Institute of Taxation’s ADIT programme, I’m pleased to invite you to my next free webinar:

“Treaty interpretation after BEPS: from literalism to purpose”

BEPS may be an unfamiliar acronym. In plain English, it is the international initiative aimed at tackling tax avoidance by multinational companies, including the shifting of profits between countries.

I’ll explore what these reforms mean for interpreting tax treaties, looking at their wording, context and purpose — and why that matters in practice.

Monday 9 November 2026
14:00–15:30 UK | 15:00–16:30 CET
Online and free to attend

Reserve your place:
https://cvent.me/3XzBG3

Through Vectigalis AC Tax, I advise individuals, entrepreneurs and businesses on UK and international tax, helping them understand their position and make informed decisions.

Mail: [email protected]
Website: https://vectigalistax.co.uk

Know someone who works, invests or does business across borders? Share this invitation with them.

28/10/2026

Il Budget 2026 lascia ferme le aliquote principali e sposta il peso sui redditi da patrimonio, sulle cessioni d’impresa e sulle distribuzioni societarie.

Redditi immobiliari e interessi al 24%, 44% e 49% da aprile 2027. Limite BADR dimezzato a £500.000. Una nuova Founders’ Relief al 10%. Una riscrittura completa della tassazione delle distribuzioni dall’aprile 2028, “a prescindere dalla residenza della società”. Regole IHT più strette sulle passività dei trust in vigore da oggi. Nulla di nuovo su FIG, nulla su SDLT, dividendi invariati.

Per chi vive e investe nel Regno Unito con interessi in Italia, il dettaglio conta più dei titoli. Ho messo in fila cosa cambia, cosa resta e cosa fare prima di aprile 2027 in una nota sul sito di Vectigalis Tax.

Link: https://vectigalistax.co.uk/budget-2026-cosa-cambia-cosa-resta-e-cosa-fare-prima-di-aprile-2027/

Mail: [email protected]

28/10/2026

Budget 2026 left the headline rates alone and moved the weight onto income from assets, business exits and company distributions.

Property and savings income taxed at 24%, 44% and 49% from April 2027. BADR lifetime limit halved to £500,000. A new 10% Founders’ Relief. A full rewrite of how distributions are taxed from April 2028, “regardless of company residence”. Tighter IHT rules on trust liabilities in force from today. Nothing new on FIG, nothing on SDLT, dividends unchanged.

For people who live and invest in the UK with interests abroad, the detail matters more than the headlines. I have set out what changed, what did not, and what to do before April 2027 in a note on the Vectigalis Tax site.

Link: https://vectigalistax.co.uk/budget-2026-what-changed-what-did-not-and-what-to-do-before-april-2027/

Mail: [email protected]

28/10/2026

Moving abroad does not automatically settle the tax position on dividends from your UK company.

Alex had settled into his new home overseas. His consultancy had profits available, and he wanted to withdraw some money to fund the family’s new life.

Then came the question: “Now that I have left the UK, can I pay myself the dividend?”

In my latest article, I explain why the departure year, the dividend’s payment date and a possible return to Britain all matter—including the change affecting temporary non-residents returning from 6 April 2026.

If you own a UK company, this is a discussion to have before approving a substantial distribution.

Read the article: https://vectigalistax.co.uk/alex-had-moved-abroad-then-he-wanted-to-take-a-dividend/

For advice on your circumstances: [email protected]

27/10/2026

The transfer price was agreed. The contracts were signed. But had the business actually moved?

In a cross-border restructuring, the contractual effective date may precede the operational change by weeks or months. Pricing approvals, credit decisions and customer renewals may still be controlled by the same people, in the same country.

That gap matters. It can affect the remuneration of continuing functions, permanent-establishment profit attribution and the risk of double taxation.

In my latest article, I continue the illustrative case in my international tax series, examining what groups need to establish after the valuation and legal documents are complete.

Can the group demonstrate when decision-making actually moved—and how it treated the transition?

Read the article below.

https://vectigalistax.co.uk/the-transfer-had-been-priced-the-next-question-was-whether-it-had-actually-happened/

If your group is implementing a cross-border restructuring, contact me at [email protected] to discuss a scoped review.

20/10/2026

Moving abroad from the UK: the tax questions behind the move

Alex had booked his one-way flight and arranged his family’s move abroad. His UK consultancy would carry on, and he expected the tax side to involve a few updates to HMRC.

Then his adviser asked what an ordinary working week would look like after he left.

In this illustrative story, I explore how a move overseas can raise questions about personal tax residence, UK income and the company you continue to manage.

Planning your own move abroad?

See https://vectigalistax.co.uk/moving-abroad-from-the-uk-the-tax-questions-behind-the-move/

Contact [email protected] to discuss the tax implications.

12/10/2026

He moved to Italy. He opened an Italian company.

Then his biggest client asked:

“Which company are we actually hiring?”

Luca almost replied: “Either. It is still me.”

That answer would have left several important questions unresolved. Who would deliver the work? Who would approve the price? Who would be responsible if the project went wrong?

In this continuation of Luca’s story, I look at the decisions that made his new structure work — including whether anything valuable was passing from the UK company to the Italian business.

If you run a UK company and are planning to work from another country, this is a conversation to have before changing the name on your invoices.

Could everyone in your business explain what each company actually does?

Article: https://vectigalistax.co.uk/luca-opened-an-italian-company-then-his-biggest-client-asked-one-question/

[email protected]

06/10/2026

A routine branch recharge can carry a VAT cost that the accounts do not reveal.

My new article, “Branch Recharges, VAT Groups and Fixed Establishments”, is now published on the fiscal newspaper VATabout

I examine how VAT grouping affects head office–branch transactions, what the fixed establishment cases mean in practice, and why the VAT treatment needs to be checked in each country involved.

A particular focus is HMRC’s revised position from 26 November 2025.

For affected UK VAT groups, this may create an opportunity to revisit historic reverse charge accounting, subject to the usual correction rules and consideration of section 43(2A).

For tax and finance teams, the practical starting point is to trace the services, identify the establishments involved and establish how the relevant VAT grouping rules apply.

These are questions worth addressing before an audit or transaction brings them into focus.

Thank you to the VATabout editorial team for publishing my contribution.

Read the article: https://vatabout.com/branch-recharges-vat-groups-fixed-establishments



Mail: [email protected]
Website: www.vectigalistax.co.uk

Learn how VAT groups, branch recharges and fixed establishments affect VAT treatment, including key EU and UK rules and audit considerations.

02/10/2026

The same entity can be fiscally transparent in one jurisdiction and opaque in another.

Understanding that difference is an essential part of analysing a cross-border structure.

I am pleased to be returning for my fourth consecutive year as an International Tax Teacher in the Diploma In International Tax / UK Chartered Institute of Taxation (CIOT)
international tax webinar programme.

On Friday 16 October, I will lead a free webinar organised by the Chartered Institute of Taxation (CIOT): “Entity characterisation and hybrid outcomes (without TP)”.

Through practical, case-led examples, I will explore how to approach entity characterisation and assess the potentially divergent tax consequences when jurisdictions treat the same entity differently.

I look forward to welcoming fellow tax practitioners, corporate tax advisers and ADIT students.

Friday 16 October 202611:30 BST | 12:30 CEST | 16:00 IST

Free online webinar: https://web.cvent.com/event/86cc912c-e6f7-439b-a374-ccca88c1fdd1/summary



Mail: [email protected]
Website: www.vectigalistax.co.uk