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Taxation Articles blog

www.vectigalistax.co.uk

Mr Angelo Chirulli
International Tax, Corporate Tax and Restructuring Tax advisor

12/01/2026

UK tax trap for people who leave the UK “just for a couple of years”

If you run a UK company and think:
“I’ll move abroad for 2–3 years, take dividends there, then come back…”

HMRC has tightened the net from 6 April 2026.

I wrote a story-led article explaining how dividends taken while you’re away can still come back into charge when you return — and why a planning route many relied on is being shut down.

Read it here (and share with anyone planning a move):

https://vectigalistax.co.uk/f/the-dividend-that-wouldn%E2%80%99t-stay-abroad

Mail: [email protected]

Vectigalis AC Tax 06/01/2026

When a Director moves abroad… did the Company just “move” too?

I’ve just published a short article on a topic I see constantly with UK owner-managed companies: when a director moves abroad, did the company “move” too (for tax purposes)?

It’s not about where the company is registered — it’s about where key decisions are actually made (Central Management & Control), and the knock-on risks: dual residence, treaty complexity, and even an exit tax “market value” trap on goodwill/IP.

https://vectigalistax.co.uk/f/when-a-director-moves-abroad%E2%80%A6-did-the-company-just-%E2%80%9Cmove%E2%80%9D-too

If you’re considering a move, it’s worth checking the governance position before you relocate — a short review early can prevent surprises later.

Mail: [email protected]

Vectigalis AC Tax mail [email protected]

Vectigalis AC Tax 29/12/2025

January in the UK tax world isn’t a “fresh start”. It’s a checkpoint.

Every year I see the same pattern: people focus on 31 January (Self Assessment), and then get caught out by the other January deadlines—PAYE, CIS, VAT, Companies House filings, and (for some year-ends) Corporation Tax. The result is usually the same: rushed work, avoidable penalties, and cashflow surprises.

I’ve put together a practical guide to January 2026 UK tax deadlines, split clearly between Individuals and Companies, with a simple date-by-date checklist you can actually use.

If you’re a director/shareholder, self-employed, landlord, run payroll, operate CIS, or are VAT-registered, this one is for you.

Read it here: https://vectigalistax.co.uk/f/january-2026-uk-tax-deadlines

If you want us to map what applies to your situation: [email protected]

Vectigalis AC Tax mail [email protected]

24/12/2025
19/12/2025

True story (and it happens more than people think): you open a letter from an insurer on a Saturday… and suddenly you’re staring at the words “Chargeable Event”.

Most people assume:

“It’s capital gains”
“I’ll use my annual CGT allowance”
“5% withdrawals are tax-free”

But with investment bonds / certain insurance wrappers, the UK rules can turn it into income tax (and the timing can be brutal).

I’ve written a practical guide (with a clear storyline) on:
the 5% rule (what it really is… and what it isn’t)
onshore vs offshore differences
top slicing relief (and why it can save you)
life policies & IHT (why ownership / trust wording matters)
purchased life annuities (where part of the payment can be “capital”)

If you’ve ever had an investment bond, a foreign policy, or you’re dealing with estate planning and life cover, it’s worth a read.

Link to the article: https://vectigalistax.co.uk/f/the-%E2%80%9Cinsurance%E2%80%9D-letter-that-ruins-a-saturday

And if you want me to sanity-check your situation, email me: [email protected]

15/12/2025

New UK tax reforms from 1 January 2026 — what businesses should know (without the jargon)

If your business has cross-border activity involving the UK, the rules around Transfer Pricing and Permanent Establishments are being modernised—and Diverted Profits Tax (DPT) is being repealed, replaced by a Corporation Tax approach (UTPP).

I’ve written a short, story-led article explaining:

1) what’s changing
2) why it matters in practice
3) what to review now to stay audit-ready for 2026

Read it here: https://vectigalistax.co.uk/f/a-new-uk-international-tax-storyline

If you’d like a practical 2026 readiness review (TP, PE risk, financing/guarantees, IP flows), contact me at [email protected] or visit www.vectigalistax.co.uk

“Correct and complete” What HMRC’s new focus really means for you 11/12/2025

HMRC is turning up the heat on “correct and complete” tax returns – especially for wealthy and internationally mobile taxpayers.

I’ve written a new article explaining what HMRC’s latest focus really means in practice, and how to protect yourself if your affairs involve multiple countries, companies or trusts.

Read it here: https://vectigalistax.co.uk/f/%E2%80%9Ccorrect-and-complete%E2%80%9D-what-hmrc%E2%80%99s-new-focus-really-means-for-you

If you’d like to review your position, feel free to contact me at [email protected]

“Correct and complete” What HMRC’s new focus really means for you When James opened the brown HMRC envelope, he didn’t expect his heart rate to spike.

07/08/2025

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