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Where Taxpayers and Advisers Meet

Tax implications for Foreign owner of UK business

Heatherjb14
Posts: 1
Joined: Tue Jul 09, 2019 11:10 am

Tax implications for Foreign owner of UK business

Postby Heatherjb14 » Tue Jul 09, 2019 11:38 am

HI
Have rather convoluted question on the implications of tax on a Foreign National who has just bought a UK business?
How long can they stay in the UK to do business ( normally resides in China but is Australian national) before tax becomes an issue.
Have read somewhere that the stay can only be 91 days max in any tax year?
Would be great to have some clarification as I can't seem to find any easy answer on line !

AGoodman
Posts: 827
Joined: Fri May 16, 2014 3:47 pm

Re: Tax implications for Foreign owner of UK business

Postby AGoodman » Tue Jul 09, 2019 4:47 pm

https://www.gov.uk/government/publications/rdr3-statutory-residence-test-srt

Now much more complicated than just 91 days

AdamS93
Posts: 228
Joined: Tue Sep 26, 2017 6:28 pm

Re: Tax implications for Foreign owner of UK business

Postby AdamS93 » Tue Jul 09, 2019 5:26 pm

When you say business, do you mean company?


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