Home » Spanish Property Forums » Property Questions & Answers » When is an expat not an expat for UK tax ?
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just read an article in the Telegraph about HM Revenue and Customs reissuing its guidance to expats claiming residency abroad as a result of a Court of Appeal decision about ‘non-doms’ who left the UK for tax purposes.
Seems the rules are being tightened, which “could have serious consequences for many expats who have children at school in the UK, retain a property or asset, or have significant connections here. If the case against you means that you are still considered resident in the UK for tax purposes, all your worldwide assets will be included in the calculation for assessing your liability since you ‘believed’ you left the UK.”
see the link below
http://www.telegraph.co.uk/finance/personalfinance/offshorefinance/7404403/Expats-could-face-30-years-of-tax-bills.html
Richard
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