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Being a UK tax resident is not necessarily a disaster if you take advantage of the 'remittance basis' and a tax treaty. If you set it up right, you may only nee
by tlb 6y ago
Being a UK tax resident is not necessarily a disaster if you take advantage of the 'remittance basis' and a tax treaty. If you set it up right, you may only need to pay tax on the money you bring into the UK minus the tax you've already paid at home. See https://www.gov.uk/government/publications/remittance-basis-hs264-self-assessment-helpsheet/remittance-basis-2020-hs264 https://www.gov.uk/government/publications/remittance-basis-...
There are details and complications, so you definitely need an expert in UK tax for foreigners. I use this firm: https://www.withersworldwide.com/ https://www.withersworldwide.com/
- expatadventure 6y agothank you so much!