Swiss Banking Academy Webinar | “No more non-doms: the challenges for Swiss banks of the new UK FIG tax regime”

Datum 10.12.2024
Zeit 11:00 - 12:00 Uhr
Virtuelle Veranstaltung virtual
Kontakt Denise Tschudin
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The UK tax landscape is undergoing significant changes, particularly for non-domiciled residents, presenting both challenges and opportunities for Swiss banks and their UK resident clients.
 
We invite you to join our upcoming webinar, where we will provide an overview of these changes and share practical insights on how banks can effectively support their clients during this transition.
 
The session will begin with a brief overview of the UK tax system and the challenges it presents for UK resident clients. We will then focus on the key changes for the non-domiciled community, including the abolition of the remittance basis and the introduction of the new “Foreign Income and Gains” (FIG) impatriate tax regime. Additionally, we will explore the impact of these changes on banking arrangements for both new and existing clients.

Key topics include:
  • An overview of the FIG regime and the banking strategies it requires for both new and existing clients.
  • The transition from the remittance basis to the FIG regime, including how legacy rules apply to income and gains before April 6, 2025.
  • Updates on UK Inheritance Tax for non-domiciled individuals.
  • The Temporary Repatriation Facility (TRF) and how it can benefit clients.
To learn more, sign up for our webinar here.

Costs

Participation is free of charge for employees of SBA member institutions. For non-members, the participation fee is CHF 200.00. This will be invoiced follwing the event.