This is an interesting area that cropped up in one of our Q&A's. We've therefore decided to make a full article of it and have copied it here as a blog post. The scenario in question involved a UK born and bred individual who left the UK to move…
You're usually resident or non resident in the UK for an entire tax year. Based purely on the tax legislation there is no facility to split tax years with you being resident for a part but non resident for another part. However, by concession HMRC do…
Companies looking to expand overseas could use an offshore company to potentially avoid UK corporation tax. The company would still need to be non resident in order to avoid UK corporation tax on the foreign trade. Therefore it would need to have…