Following Tony Foreman's article Mike Wilkes senior manager at accountants and business advisors PKF provides ten useful tips for overseas individuals coming to live in the UK
Individuals who are not domiciled in the UK have a number of opportunities to minimise their UK tax liabilities. The tax tips shown below illustrate some of the ways that their status can be exploited to advantage.
1 Ensure that you do not become ordinarily resident in the UK
As a resident but not ordinarily resident individual you will only be liable to UK tax on remittances of earnings for duties performed outside the UK even if carried out under a single contract of employment.
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Following Tony Foreman's article Mike Wilkes senior manager at accountants and business advisors PKF provides ten useful tips for overseas individuals coming to live in the UK
Individuals who are not domiciled in the UK have a number of opportunities to minimise their UK tax liabilities. The tax tips shown below illustrate some of the ways that their status can be exploited to advantage.
1 Ensure that you do not become ordinarily resident in the UK
As a resident but not ordinarily resident individual you will only be liable to UK tax on remittances of earnings for duties performed outside the UK even if carried out under a single contract of employment.
...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
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