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Or you do the "not normal" thing - which by weight of £'s is the normal thing to do by orders of magnitude - and pay tax on a remittance basis only. The choice
by shapefrog 5y ago
Or you do the "not normal" thing - which by weight of £'s is the normal thing to do by orders of magnitude - and pay tax on a remittance basis only. The choice is yours, pay tax or keep it offshore and dont pay tax.
You can also become non-resident by moving abroad for a short period of time, no need to do so permanently.
- neilwilson 5y agoThe introduction of the statutory Residence test changed that. If you spend over half the year in the UK, don't have a permanent home overseas as well as in the UK, or work here full time you are resident - and you have to declare all earnings. Playing domicile and residence games isn't as easy as it used to be.