New changes to the UK tax regulations could have a VERY negative impact on all British expats living abroad.
Previously, it was enough if one spent less than 91 days in any one year out of the UK to claim non-residency status. Now that has changed and what is more, the UK tax inspectors are preparing to scrutinize everything about your life to determine how important the UK is to you in terms of the links you hold back home.
To claim non residency you must prove that:
- you DO NOT hold property in the UK
- you DO NOT have a family in the UK
- you DO NOT have children attending schools or universities in the UK
- you DO NOT have social club or sports memberships back home
- you DO NOT have a mobile phone contract in the UK
- you DO NOT make regular visits back to the UK.
If you cannot, you will be liable to UK taxes on your income.
You can read the full article at Pattaya Today.
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