When the new statutory residence test (SRT) is introduced, the government intends to abolish ‘ordinary residence’ for tax purposes. However, overseas workdays relief (OWR) will continue to exempt the unremitted foreign earnings of employees temporarily resident in the UK. But the qualifying conditions will restrict severely the number of employees able to benefit.
From 6 April 2013 OWR will only be available to individuals who claim to be taxed on the remittance basis if they are not domiciled in the UK have not been resident at any time during the three tax years prior to the year of arrival and it is reasonable to assume that the employee will not be based in the UK beyond the end of the second full tax year after...
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