Blevins Franks is warning expatriates that the current UK rules for determining whether or not an individual is tax resident in the UK remain complex and unclear.
While HM Revenue & Customs argues that its own IR20 and HMRC 6 booklets only provide guidance and are not binding, this is now subject to a judicial review in the Supreme Court. The recent announcement that the government is consulting on the introduction of a statutory definition of residence, to be implemented from April 2012, has been broadly welcomed. However, as Blevins Franks warns there is no confirmation that such a process will actually provide the black and white definition so needed by British expatriates. The latest fear is that HMRC will restrict expatriates to an annual ...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes