Just because you are not resident in the UK doesn’t mean that you won’t be subject to UK taxation. UK income and gains arising whilst you are not resident in the UK may still be subjected to UK taxation.
Other countries have their own ways of deciding on what basis they levy taxes which in some cases can be similar to the UK but in others may be completely different. It is therefore important that you seek advice in regards to your UK taxation as failing to report and pay tax on your income could lead to penalties
An individual’s liability to tax in the UK depends largely on their residence and domicile status. Non residents typically only have to pay UK taxation on their UK income and some gains on UK assets.
HMRC Opens Consultation on SDLT Surcharge for Non Residents
Consultation on a new SDLT surcharge applicable to non-residents purchasing UK residential property HMRC has opened a consultation in relation to the design of an additional stamp duty land tax …
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