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Savings for non residents
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From what I understand I am only liable to pay tax on money I bring into the country.
Besides that the personal allowance is 30,000b (450GBP) and the first 40% (or 40,000 b max) of employment income is deductable
Tax bands for assessable income are 0-150k b 0%, 150-500k b 10%, 500k-1m b 20%, 1mb -4mb 30%.
I have read that income from sources other than employment is calculated as assessable income x 0.5% = taxable income.
maybe I really need to fork out for some professional advice? 0
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