Guiding You Through A Foreign Tax Environment
If you’re moving to the UK (or leaving), have international assets, or are trying to make sense of residency and domicile rules, you’re in the right place.
At Monarc, we help high-net-worth individuals, expats, and globally mobile professionals protect their wealth, stay compliant, and avoid costly mistakes. You don’t need to become a tax expert. You just need a trusted advisor who already is.
Moving to the UK?
Whether you’re relocating from Hong Kong, the US, or anywhere else, arriving in the UK brings with it a maze of tax rules.
We help you answer questions like:
- Am I now a UK tax resident?
- Should I use the remittance or arising basis?
- What happens to my income earned abroad?
- Is my overseas pension taxable in the UK?
- Can I claim split-year treatment?
We guide you through the Statutory Residence Test (SRT), ensure you’re using the right tax basis, and plan ahead for things like foreign income, property ownership, and inheritance exposure.
Leaving the UK? (Especially for Dubai)
Planning to move to Dubai or another low-tax country?
Leaving the UK has just as many tax traps as arriving. Without proper planning, you could still be taxed as a UK resident, even after you’ve gone.
We’ll help you:
- Break UK tax residency cleanly and confidently
- Plan your departure to avoid unnecessary tax bills
- Review pension and property implications
- Consider trust and IHT strategies before you leave
- Handle ongoing UK filing obligations as a non-resident
Leaving the UK should be a fresh start, not a financial headache.
For Expats Living in the UK
Working in the UK temporarily? Or here for the long haul with overseas income or investments?
As an expat, your situation is unique and a little too nuanced for most accountants. That’s where we come in.
We’ll help you:
- Optimise your Overseas Workday Relief
- Manage foreign investments, pensions, and property
- Understand how your stock options or share schemes are taxed
- Avoid being double-taxed using international tax treaties
- Structure your income and estate tax-efficiently
Domicile, Trusts & Long-Term Planning
If you’re building wealth across borders, protecting it from unnecessary tax exposure is essential.
We help you:
- Understand your UK domicile status (and when it changes)
- Use trusts to protect assets across generations
- Plan for inheritance tax long before it becomes an issue
- Manage gifts, remittances, and deemed domicile rules
- Deal with HMRC disclosures for offshore income or assets
You’ve worked hard to build your wealth. We’ll help you protect it.
Tax Support for US & Hong Kong Expats
We regularly work with clients arriving from the United States and Hong Kong, two of the most complex jurisdictions to navigate alongside UK tax.
You may need:
- Coordinated tax advice between UK and US/HK
- Help with foreign tax credits and double tax treaties
- Guidance on US/UK pension rules
- Support with gift and estate tax coordination
- A single advisor who can connect the dots globally
And yes, we speak plain English, not just tax code.
Let’s Make Tax Simpler and Smarter
You don’t need to have it all figured out before you reach out. That’s our job. We’re here to give you clarity, confidence, and a clear tax strategy, whether you’re arriving, leaving, or just planning ahead.
