I am spending some of this tax year working abroad and therefore I am not going to be a tax resident in the UK for the whole tax year. What is Split Tax Treatment, will it apply to me and how could I benefit from applying it? Split Year Treatment is the special UK tax […]
What is RDR3?
I live outside the UK and I have been asked to check RDR3 to understand more about my UK tax residence status, but what is RDR3? RDR3 is HMRC’s published guidance note which gives you information about the UK’s Statutory Residence Test. If you are brave enough to review RDR3 you will see it has […]
What is Generational Inheritance Tax?
I know about Inheritance Tax is, but what is generational inheritance tax and is generational inheritance tax avoidable? As a British expat, unless you have changed your domicile you will still be liable for inheritance tax in the UK, as well as potentially inheritance tax in your country of residence. Under normal circumstances if you […]
Do you have to pay tax if you work abroad?
I live and work abroad. What tax do I have to pay and to which government? Typically, yes, you will still have to pay tax if you work abroad. However, exactly what tax is required to be paid and to whom will depend on your tax residence status in your home country, country of residence […]
Do I have to pay stamp duty?
I’m currently a UK non-resident but I am considering buying a house in the UK. Do I have to pay stamp duty to the HMRC? s with most tax questions, it will depend on your personal circumstances as to whether you are required to pay stamp duty when buying a house in the UK. Unlike […]
Do I have to pay inheritance tax?
My estate is valued at over £350,000. If I die abroad, do I have to pay inheritance tax? Under UK rules, inheritance tax depends on the domicile of the deceased. Your domicile is often the country of your birth, but is defined as your permanent home. If you were born in the UK and then […]