SJP Planning your taxes

If you’ve lived or worked in multiple countries for an extended period, you’ll know the double trouble of dealing with taxation planning across multiple jurisdictions.

You may have even considered holding bank accounts, investment property, and other assets overseas for diversification’s sake, only to be put off by the amount of paperwork and exorbitant tax rates.

Manage expat taxation planning by bringing all your personal and business assets under one roof with our carefully selected tax specialists can help you avoid needless payment of additional tax on already-taxed assets.

Don’t fall victim to these tax return mistakes

St. James’s Place is committed to helping you find the right tax advisory service so you can avoid common tax planning pitfalls and reduce your tax liabilities.

By working with a range of reputable tax advisers across multiple markets, we can help ensure you get personalised taxation planning services that are right for you.

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The benefits of year-round tax planning

For most people, taxation planning should not be a once-a-year activity. It should be one of the first things we think about whenever big financial decisions need to be made.

Taxation planning is done right when your tax adviser inextricably links your tax planning to key life events and takes into account your dependents’ financial situations. No one benefits when taxation planning is left to the last minute.

Frequent taxation planning is particularly beneficial for:

  • Those who are self employed
  • Those planning intergenerational wealth transfer
  • Those who received a windfall
  • Those who have had a child or grandchild
  • Those who have assets abroad, or have multiple assets in two or more countries

Tax advisory services

Working alongside external tax specialists, we provide comprehensive tax consultancy in the UAE, covering a wide range of services to help you manage your tax affairs effectively. Whether you're seeking to understand your tax residency status, navigate double taxation agreements, or maximise available reliefs and allowances, our expert advisers can provide the guidance and support you need.

Common taxes we can help you navigate:

  • UK inheritance tax: Help with understanding potential inheritance tax obligations if you're connected to the UK.
  • Income tax: Understanding UAE tax residency and your global tax obligations.
  • Capital gains tax: Guidance on investment planning and tax implications.
  • Stamp duty: Insights on how stamp duty applies to property transactions.
  • Property tax: Information on property-related taxes in the UAE and abroad.
  • Understanding residency and tax liabilities

    Determining your tax residency status is crucial for understanding your tax liabilities. Your expat tax advisers should help you navigate the complexities of tax residency and its implications for income tax, capital gains tax, and inheritance tax in both your home and host countries.

  • Double taxation agreements

    Double taxation agreements are designed to prevent expats from being taxed twice on the same income. Many countries have such treaties with the UAE. We work with external tax consultants who constantly provide valuable insights provide valuable insights into how these agreements work and can help you apply them to your situation, ensuring you avoid unnecessary tax payments.

  • Maximising tax reliefs and allowances

    Expats in the UAE can benefit from various tax reliefs and allowances, such as personal allowances and disregarded income, to reduce their overall tax liabilities. Through our network of taxation planners, we offer tailored advice on how to make the most of these opportunities, helping you minimise your tax burden while staying compliant.

Determining your tax residency status is crucial for understanding your tax liabilities. Your expat tax advisers should help you navigate the complexities of tax residency and its implications for income tax, capital gains tax, and inheritance tax in both your home and host countries.

Double taxation agreements are designed to prevent expats from being taxed twice on the same income. Many countries have such treaties with the UAE. We work with external tax consultants who constantly provide valuable insights provide valuable insights into how these agreements work and can help you apply them to your situation, ensuring you avoid unnecessary tax payments.

Expats in the UAE can benefit from various tax reliefs and allowances, such as personal allowances and disregarded income, to reduce their overall tax liabilities. Through our network of taxation planners, we offer tailored advice on how to make the most of these opportunities, helping you minimise your tax burden while staying compliant.

Cross-border tax solutions for international clients

For expats with assets and interests in multiple countries, we offer specialised cross-border tax solutions. Our team has extensive experience in navigating the complexities of international tax law themselves, and can help you optimise your tax position across all relevant jurisdictions.


Navigating cross-border taxation

Managing taxes across multiple jurisdictions can be challenging. Our partnered expat tax consultants can help you navigate the complexities of cross-border taxation and develop strategies to minimise your liabilities through effective tax planning.


Tax structuring and compliance for international assets

Structuring your international assets efficiently is crucial for minimising your tax burden. With access to leading tax consultants in Dubai, we connect you to experts who provide tailored advice to help you ensure tax efficiency, taking into account the different tax rules in each country.

Additionally, staying compliant with international tax regulations is critical. Our network of tax advisers can help you understand these regulations and ensure your tax planning strategies are compliant, preventing potential penalties.

Expert guidance and ongoing tax support

At St. James's Place, we offer comprehensive yet tailored tax planning and tax advisory services, providing personalised and ongoing support to help you achieve your financial goals.

Continuous Support and Reviews

Our service goes beyond the initial consultation. We provide ongoing tax planning support and regular reviews to adjust your strategies as your circumstances evolve. This ensures your financial plan stays optimised over time, with expert guidance every step of the way, giving you peace of mind throughout your financial journey.

The levels and bases of taxation and reliefs can change at any time. The value of any tax relief depends on individual circumstances. You are advised to seek independent tax advice from suitably qualified professionals before making any decision as to the tax implications of any investment.

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What’s worse than business tax planning?

Rising interest rates and inflation!

It’s frustrating, but business doesn’t stop, and the show must go on. The financial advisors at St. James’s Place have worked with leading tax advisors to help corporations and entrepreneurs steady the ship during financially turbulent times.

By deploying balanced strategies that offer both corporate protection as well as tailored financial advice to your employees, our external tax advisors have helped businesses keep their sights set on profitability amid rising interest rates, taxes and inflation.

Rather than narrowly focusing on immediate business tax planning obstacles, this is achieved by taking a long-term outlook. Together with our tax advisory partners, we zoom in on your employees’ and partners’ financial needs so that after the storm has passed, your business is recognised as an honourable captain that led the way despite rough waters.

* * The levels and bases of taxation and reliefs can change at any time. The value of any tax relief depends on individual circumstances. You are advised to seek independent tax advice from suitably qualified professionals before making any decision as to the tax implications of any investment.

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