Expat moving back to UK

Bobby129

I've been living & working in India for the last 4 years.

My UK company opened up an office in Jersey, who employs & pays me, into an account in Jersey, & I haven't been paying any UK tax on these earnings.

I am not currentley a UK resident (was born there), but will become one again when I move back soon. Not been back to the UK in the 4 years since moving to India.

When i bring the money back into the UK from my Jersey account, will I have to pay any tax?

Am I liable for UK tax on these earnings if I have not been resident in the UK while earning them?

Would I be better off transferring it when i'm resident again, or still a non resident (between Natwest Jersey to Natwest UK)?

Also, will moving back to the UK half way through a tax year mean any earnings for the first 6 months I need to pay UK tax on?

I assume I'll need to fill in tax returns?

Any help would be appreciated!

Thanks

Jonbvn

The important issue you have to consider when moving back is timing. It is always best to move back at the start of the tax-year. If you move back later in the tax-year, then the offshore income you have earned from the start of the tax-year will likely become taxable.

Remember that when you become tax-resident, all the income you receive onshore & offshore is taxable.

Finally capital is not taxable, only income.