The ability of non residents to claim the personal allowance will be significantly reduced as from April 2010. However, even where it can still be claimed is it necessarily worth claiming it? Before April 2010 someone who is a British or Commonwealth…
For most people arriving in or leaving the UK they'll be looking to claim the benefit of the split year basis. This means that: For non doms leaving the UK they'll only be UK resident up until their date of departure, and For non doms coming to the…
There's been a lot of changes in the HMRC guidance relating to foreign currency bank accounts during 2009 and 2010. A withdrawal from a foreign currency bank account constitutes a disposal of an asset and a capital gain or loss would generally be…