Living abroad with money in the U.K

badger09

thg wrote: »

I'm resident in the UK for tax purposes, per your link. Assumed the OP was too, clearly erroneously.

Have you been told that by HMRC? Or is it just your assumption?

nrsql

>> Resident in the UK for tax purposes means actually physically living in the UK.
Not all the time though and depends on what you leave in the UK.
You can live abroad but be UK resident for tax.

eskbanker

The definitive position on UK tax residency is, unsurprisingly, available on the government websites, such as https://www.gov.uk/tax-foreign-income/residence, which summarises the situation as:

Whether you're UK resident usually depends on how many days you spend in the UK in the tax year (6 April to 5 April the following year).

You're automatically resident if either:

• you spent 183 or more days in the UK in the tax year
• your only home was in the UK - you must have owned, rented or lived in it for at least 91 days in total - and you spent at least 30 days there in the tax year

You're automatically non-resident if either:

• you spent fewer than 16 days in the UK (or 46 days if you haven't been classed as UK resident for the 3 previous tax years)
• you work abroad full-time (averaging at least 35 hours a week) and spent fewer than 91 days in the UK, of which no more than 30 were spent working

However, the fuller version is somewhat more complicated, as per the 105 pages of HMRC's statutory residence test!