I have a client who is a UK citizen. He left UK to work abroad in 1993 and worked abroad for about 9!years. He came back to UK in September 2002.
During these years , he never spent more than 90 days in any year in the UK.
In reality , his visits to the UK were very short .
He worked abroad as a contractor but some of his earnings were paid to a comapny incorporated in thr UK of which he was a director. The earnings were paid into a UK based bank and he drew a a dividend ?
I have following queries.
1) What is the tax liability of the individual for the earnings
2) how does it affect the non resident status of the individual and the funds ? If he bought a property with these funds whilst we was working abroad and then sold it before returning to the UK , are the gains exempt from CGT?
3) what is th status of the earnings that were not routed through the UK company and paid directly into his his own offshore account ?
If the individual had been paid a salary by the company , would the tax position be any different in first two queries ?
Thanks for any guidance