Jurisdiction · United Kingdom
United Kingdom: tax, residence, structures and banks
From 6 April 2025 the UK moved from the non-dom regime to a residence-based system: a FIG relief on foreign income and gains for the first years, then worldwide income tax, with inheritance tax tied to long-term residence. This hub gathers everything we write on the UK for private capital — tax and succession, holdings and funds, banks and relocation.
banks & neobanks
- 3S Money: British account for cross-border companies and RUB inbound
- Airwallex: business neobank for multi-currency accounts
- Barclays Premier Banking and Barclays Private Bank: £75k Entry and UHNW Tier of the British Retail-Premium Bank
- C. Hoare & Co: UK's Oldest Family Bank Since 1672 — 12 Generations of One Family
- Coutts & Co: British Private Bank Since 1692, £3M+ Threshold and NatWest Group
- Currenxie
- Equals Money: British account for Americans and companies with significant FX demand
- Evelyn Partners (formerly Tilney Smith & Williamson): UK wealth manager with £68B AUM and NatWest acquisition 2026
- Goldman Sachs Private Wealth Management UK: $10M+ Entry and Institutional UHNW
- HEVN: Cross-Border Business Banking API Platform – Local EU/US/UAE Accounts, Stablecoins & Payroll
- HSBC UK Premier and HSBC UK Private Banking: £100k Entry and Path to UHNW Tiers
- J.P. Morgan Private Bank UK: US-origin UHNW in London — investment banking expertise and £10M+ entry
- J.P. Morgan: Corporate & Investment Bank and Private Bank of JPMorgan Chase
- Lloyds Private Banking: £250k Entry Threshold and Schroders Personal Wealth Integration
- NatWest Premier Banking: £100k Entry and Investment Platform via Coutts
- Revolut Business: multi-currency account from UK PRA bank and EU ECB-licensed Revolut Bank UAB
- Rothschild & Co Wealth Management UK: Family Financial Dynasty + M&A Advisory for Founder-Led UHNW
- Standard Chartered UK: £-listed HQ and emerging-markets wealth gateway
- Statrys
- Wise Business
tax & investments
- CRS, FATCA and HMRC data
- Family office records
- Foreign companies
- Foreign tax credit and treaties
- HMRC enquiries and cleanup
- Leaving the UK
- Offshore funds
- Overseas Workday Relief
- Planning before UK residence
- Remittance basis after 6 April 2025
- The FIG regime
- Trusts and inheritance tax
- UK Non-Dom Reform 2025: FIG Regime, TRF and Your Options
- UK tax residence
- UK tax residence and worldwide taxation
- Worldwide income and gains
companies & funds
FAQ
What changed for UK non-doms from 2025?
From 6 April 2025 the non-dom regime was abolished and replaced by a residence-based system. New arrivals get a 4-year FIG (foreign income and gains) relief, after which worldwide income is taxed. See the tax & residence material.
Does a UK non-resident pay inheritance tax?
After the 2025 reform inheritance tax (40%) is tied to long-term residence (a 10-of-20-years test) rather than domicile. UK-situs assets are taxed regardless. This reshapes succession planning — see the IHT and trusts material.
Why use the UK for a holding or fund?
A wide treaty network, mature corporate and fund infrastructure (including regulatory hosting / host AIFM) and a strong banking layer. See the structures & funds material.
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