Remittances to the UK
If the remittance basis of taxation applies to you, you need to understand what a remittance is....
If the remittance basis of taxation applies to you, you need to understand what a remittance is....
If the remittance basis of taxation applies for a year, then unremitted foreign income and gains for that year are not taxable in the UK....
If you are resident and domiciled (or deemed domiciled) in the UK, you will pay UK tax on the arising basis....
There are three main types of domicile: domicile of origin, domicile of dependence and domicile of choice. You may also be ‘deemed UK domiciled’, irrespective of your actual domicile....
The residence position of students who come to the UK is determined under the statutory residence test, just as for any other individual. However, working out UK residence status can be hard for overseas students given their likely patterns of presence, so we offer a detailed case study below....
If you visit the UK regularly, you should consider whether those visits will mean you are tax resident in the UK....