Her financial affairs were complex having grown as the various business deals progressed. She had reached a stage where she wanted a review of her tax status. BMOL Partners were engaged. They firstly examined the time periods spent in Ireland, where she was a citizen and determined that she was no longer resident. They also examined her time in the UK and advised that, as she was not UK resident, she had the option of declaring residence in a country of her choice. As most of her business activity was in the form of long term investments, UK capital gains tax provisions for non residents applied and this augmented the capital gains on asset disposals.
BMOL Partners established a management function in Jersey from where the investments are now controlled.