A couple from Salford face a £600,000 tax bill after a tribunal found they were still UK residents despite moving to Portugal more than 10 years ago.
Earlier this year HMRC introduced a new statutory residence test, which has been designed to provide greater certainty as to whether or not individuals are UK resi
New residence rules could have major financial implications for expats who spend some of their time in the UK each year.
With the new statutory residence test due to come in from April next year, taxpayers contemplating emigration have to prepare themselves to commit to a five-year period abroad, and comply with
HM Treasury has published the summary of responses and launched its outline of
The government has postponed for a full year the introduction of a statutory residence test
A government consultation that hopes to make residency rules clearer should make life simpler for tax advisers and reduce litigation, according to tax advisers.
According to the rules re days of presence if you are in the UK at midnight that is counted as a day.
Government proposals to clarify rules on residence would make it easier for accountants to determine the tax status of wealthy clients, although some experts have concerns about details in the