Avoid unnecessary tax
Many British over-seas residents are still linked to the tax system in the UK without even realising it, whether through UK Income/ Capital Gains Tax or UK Inheritance Tax.
To find out whether or not you’re tax-worthy, you will need to take the UK Statutory Residence Test, which will clarify your tax status within a three-stage test.
Depending upon your circumstances, spending as little as 17 days in the UK in the tax year could have an impact on your residency status and therefore your taxability.
To find out if you’re linked to the UK tax system, it’s essential to seek expert guidance before leaving or returning to the UK, to ensure you avoid unnecessary tax.