Hi,
I have an accountant but am considering changing as he confuses me far more than helps me. I left the UK to work overseas as a security consultant on in March 05. I am still doing this and will be for another year or two - at least until after April 06th 09 (my contract runs till July 09, but I can extend).
I have spent far less than 90 days holiday a year in the UK each tax year and average about 50 per year. When discussing my accounts for the accountant said: 'make sure you are not in the UK for a period spanning 05th and 06th April in any given year as this could leave you tax liable. This has me SERIOUSLY confused and it will mean messing with holiday plans. I was under the impression that if the date I left the UK to work overseas started before a given tax year and ended after the end of the same tax year (or a later one) then I had 'spanned a complete tax year' (or more than one) and so potentially qualify as non-resident and not pay income tax on overseas income from when I leave to when I return, even if in the middle of this period I spent some time in the UK on the cusp of two tax years. So far I have spanned 3 complete tax years (started in Mar 05 and am still doing it) and will do at least another one. If during this 'spanning' I am in the UK over 05th/06th April i.e a period of holiday spans two tax years within that overall period, is it true that I will I end up having to pay tax for the year before and after. I have never heard of this before and have concerns about my accountant as he is a terrible communicator. I did not realise that holiday in the UK mattered with respct to 05th/06th April as long as I spend less than 90 days in the UK and am engaged in work overseas for a period commencing before the tax year and ending after. Does when the holidays/dates (rathe than total days) in the UK fall matter or just the period of employment?
Can anyone please shed some clear advice on this. Do I need to think about another accountant perhaps? I am probably confusing you too
Tks,
- Home
-
Tax News
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice and Methods
- Professionals in Practice & Industry
- General
- TaxationWeb
-
Tax Articles
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings and Investments, Pensions and Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice & Methods
- Professionals in Practice & Industry
- General
- Tax Tips
-
Tax Forum
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations and Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practices & Methods
- Professionals in Practice & Industry
- General
- Tax Jobs
- Get in Touch