Monday, April 19th, 2010

TaxFix

It will depend on your residency for tax purposes. If you are not resident for tax purposes you will not need to pay any UK tax.

If you are a resident in the UK for UK tax purposes, you are liable to pay tax on all your income income arising in the UK and overseas.

If you become treated as non-resident, you will normally only be taxable on your income arising in the UK.

If you are leaving the UK to work abroad full-time, you will become not resident and not ordinarily resident in the UK if:

1. Your leave and employment from the UK covers a complete tax year.
2. You spend less than 183 days in the UK during the tax year, and
your visits to the UK do not average 91 days or more a tax year over a maximum of 4 years.
3. Visits to the UK, days of arrival and departure are not normally counted as days spent in the UK.

Tax residency can be quite a complicated issue and it is recommended that you seek specialist advice depending on your situation.