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Posted

.you say the Brits dont work as hard as foreigners, yet say that staement the other way round you would be arrested, prosecuted and probably imprisoned.

No you wouldn't.

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Posted

.you say the Brits dont work as hard as foreigners, yet say that staement the other way round you would be arrested, prosecuted and probably imprisoned.

No you wouldn't.

Correct you would't be arrested or imprisoned, however you would be accused of being a racialist.

Sent from my iPad using Thaivisa Connect Thailand

Posted

No truth in that story at the moment. But if those UKIP nutters got elected very possible

UKIP nutters? and they are nutters because?

Posted

Will this be every ex-pat or just those outside the EU area? It's a massive tax increase for us expats.

What is the criteria for maintaining UK residency for tax purpose? (How many days do you have to spend in the UK)

It's still in consultation stage, so no real details are available yet. Hopefully it won't happen. But if it does you'll need to wait until the details are finalised.

I think you can just elect to be resident for tax purposes by just claiming you plan to return, or even giving a UK address.

I doubt it will go anywhere - doesn't take a genius to see what will happen. Many pensioners that now live on frozen pensions suddenly flocking back to the UK with no homes or incomes, with health problems and needing full social welfare support - it will simply not add up. If we think average of 2000 per year per person extra in tax (minus the costs of collecting) then compare that to full needs if they return to the UK - and many outside of the EU would have to.

I am a U.K. resident for tax purposes. I declare my earnings every year. They change the requirements every now and again but it used to be you were allowed up to 6 months in the UK in a 12 month period without paying tax. I believe the tax man has the right to be waiting for you at Heathrow waiting to see your tax returns for the past xx years should you return This way you can walk in and out without having any problems. I am sure someone on here will have the exact details if they are required.

Posted

Expats will always be the easy target,they freeze the pensions,while

letting the riff raff of the world in, who seem to get everything no

problem,human rights,you know.

regards worgeordie

Not true at all. While there are some abuses of UK system, it's hard for riff raff to get into and settle in UK. They don't get everything, as you claim. I think you've been reading and believing too many scare stories. While many are true, they are more isolated cases than the norm. Try talking to some of these riff raff, as you call them, and see what they get. Nothing usually. They make their own way in life. The riff raff bleeding the UK dry and mostly British riff raff.

cheesy.gif ........................Thats why the pot-less are queuing up in tents at Calais is it, noooooooo freebies........cheesy.gif

They are queuing up to find work not to get freebies. They have a better work ethic than most Brits. Maybe you need to get back to the UK and talk to immigrants. You'll then see that 90%+ don't get any state help. Many start with nothing and still manage to make a living. Unlike many Brits who can't last a day without help.

Did you know that 32,000 migrants that were given permission to work in the UK claim benefits cos their salary is low..?

Also I was in business for many years and I KNOW about folk using illegal folk cos money was saved by both sides....whistling.gif

Posted

.you say the Brits dont work as hard as foreigners, yet say that staement the other way round you would be arrested, prosecuted and probably imprisoned.

No you wouldn't.

Correct you would't be arrested or imprisoned, however you would be accused of being a racialist.

Sent from my iPad using Thaivisa Connect Thailand

No you wouldn't.

Posted

Did you know that 32,000 migrants that were given permission to work in the UK claim benefits cos their salary is low..?

Also I was in business for many years and I KNOW about folk using illegal folk cos money was saved by both sides....whistling.gif

So you admit you're complicit in breaking the law yet you complain about others doing the same?

  • Like 1
Posted

Will this be every ex-pat or just those outside the EU area? It's a massive tax increase for us expats.

What is the criteria for maintaining UK residency for tax purpose? (How many days do you have to spend in the UK)

It's still in consultation stage, so no real details are available yet. Hopefully it won't happen. But if it does you'll need to wait until the details are finalised.

I think you can just elect to be resident for tax purposes by just claiming you plan to return, or even giving a UK address.

I doubt it will go anywhere - doesn't take a genius to see what will happen. Many pensioners that now live on frozen pensions suddenly flocking back to the UK with no homes or incomes, with health problems and needing full social welfare support - it will simply not add up. If we think average of 2000 per year per person extra in tax (minus the costs of collecting) then compare that to full needs if they return to the UK - and many outside of the EU would have to.

I am a U.K. resident for tax purposes. I declare my earnings every year. They change the requirements every now and again but it used to be you were allowed up to 6 months in the UK in a 12 month period without paying tax. I believe the tax man has the right to be waiting for you at Heathrow waiting to see your tax returns for the past xx years should you return This way you can walk in and out without having any problems. I am sure someone on here will have the exact details if they are required.

Do you still get tax relief for being away at sea?

Posted

The personal allowance will be removed from UK expats, every western country plus Australia is on the same program, if not this years then next, it's almost a done deal.

Posted

Do you still get tax relief for being away at sea?

Yes, 6 months allowed in the UK but cannot remember whether that is in a financial year or any given 12 month period. Havn't been back to the UK for a long time so a little academic.

Posted

Do you still get tax relief for being away at sea?

Yes, 6 months allowed in the UK but cannot remember whether that is in a financial year or any given 12 month period. Havn't been back to the UK for a long time so a little academic.

Afraid not, you're very out of date.

Tony Blair's first government almost immediately reduced it to 90 days. I think the most recent budget might have reduced it even more.

Doesn't affect me so don't keep exactly up to speed.

Posted

No truth in that story at the moment. But if those UKIP nutters got elected very possible

This story is definitely true and is being discussed, so not sure why you think it's not true, unless you're just a troll. Will affect me, as I'm non-resident for tax purposes and therefore assume I wouldn't be considered as having a close connection with UK. I left many years ago and have no intention of returning. So if this tax is introduced I'll be $2K a year worse off, unless I sell my UK properties, which I'm now considering. Not because of this tax, but because now may be a good time to sell - high prices, CTG probably coming next year, etc.

Too late I'm afraid, CGT is already in effect. Had to pay it on one property last year and another this year.

Doesn't apply to your principle residence (unless you're an MP and can juggle this around) but the Ex got that anyway.

Regarding pensions, tax allowances, etc., they don't care about us expats simply because we can't vote.

At the moment people that are non-resident for tax purposes don't have to pay CGT on UK assets. This is due to change in 2015. But apparently only the increase in value from 2015 onwards will be taxable. But no idea how they will work out that value. Not finalized yet, but seems pretty certain to happen.

I think many Brits that come to live here keep ties with UK and don't even want to be non-resident for tax purposes. So they are still in the tax regime and so have to pay CGT.

You said you had to pay CgT. But are you non-resident for tax purposes? Is that what you claim on your self-assessment and have HMRC agreed with you if you have?

Posted

Will this be every ex-pat or just those outside the EU area? It's a massive tax increase for us expats.

What is the criteria for maintaining UK residency for tax purpose? (How many days do you have to spend in the UK)

It's still in consultation stage, so no real details are available yet. Hopefully it won't happen. But if it does you'll need to wait until the details are finalised.

I think you can just elect to be resident for tax purposes by just claiming you plan to return, or even giving a UK address.

Anyone feel free to correct me but as I understand, If UK-resident for tax purposes then you are liable for UK income tax on your worldwide income.

As non-UK resident for tax purposes you are only liable for UK income tax on income generated in the UK.

Can't have it both ways, though the politicians do give it to us both ways.

If you're non-resident for tax purposes you're liable to tax on UK assets that generate income e.g. rental income from a UK property. If you're an author, for example, and get royalties paid to you in the UK, it's not liable to UK tax, as you're not resident there. You're not liable for tax here either because the work wasn't done here and isn't paid here.

Posted

Expats will always be the easy target,they freeze the pensions,while

letting the riff raff of the world in, who seem to get everything no

problem,human rights,you know.

regards worgeordie

Not true at all. While there are some abuses of UK system, it's hard for riff raff to get into and settle in UK. They don't get everything, as you claim. I think you've been reading and believing too many scare stories. While many are true, they are more isolated cases than the norm. Try talking to some of these riff raff, as you call them, and see what they get. Nothing usually. They make their own way in life. The riff raff bleeding the UK dry and mostly British riff raff.

cheesy.gif ........................Thats why the pot-less are queuing up in tents at Calais is it, noooooooo freebies........cheesy.gif

They are queuing up to find work not to get freebies. They have a better work ethic than most Brits. Maybe you need to get back to the UK and talk to immigrants. You'll then see that 90%+ don't get any state help. Many start with nothing and still manage to make a living. Unlike many Brits who can't last a day without help.

So why don't they look for work in the many countries they pass through before getting to Britain. They don't look for work in France where they camp out for months. It's obviously because we are a soft touch.

Posted

cheesy.gif ........................Thats why the pot-less are queuing up in tents at Calais is it, noooooooo freebies........cheesy.gif

They are queuing up to find work not to get freebies. They have a better work ethic than most Brits. Maybe you need to get back to the UK and talk to immigrants. You'll then see that 90%+ don't get any state help. Many start with nothing and still manage to make a living. Unlike many Brits who can't last a day without help.

Did you know that 32,000 migrants that were given permission to work in the UK claim benefits cos their salary is low..?

Also I was in business for many years and I KNOW about folk using illegal folk cos money was saved by both sides....whistling.gif

And did yo know there are over 31 million people working in the UK, and between 2 and 4 million British people claiming full benefits, as well as about 10-15 million others claiming other benefits.

32,000? So what? I'm British and I welcome them with open arms, as I did when I lived there. The UK needs people that are willing to work.

Do you also know that the NHS would cease to function with foreigners, because such a large percentage of nurses are foreign. And do you know that there wouldn't be anyone to care for the elderly without foreign carers? There aren't enough British nurses and carers. Not many British people want to be carers and would rather a life on benefits. What do you propose we do wit these elderly people? Dump them in the streets? I'd prefer to top up their foreign carers pay with some benefits. It's called compassion. The UK would be a much worse place if the likes of you got their way.

  • Like 2
Posted

They are queuing up to find work not to get freebies. They have a better work ethic than most Brits. Maybe you need to get back to the UK and talk to immigrants. You'll then see that 90%+ don't get any state help. Many start with nothing and still manage to make a living. Unlike many Brits who can't last a day without help.

So why don't they look for work in the many countries they pass through before getting to Britain. They don't look for work in France where they camp out for months. It's obviously because we are a soft touch.

Most are looking for asylum. You can't just turn up in UK and get benefits. It's just not possible, apart from maybe some exceptional cases. If you have a Thai gf or wife, take her to the UK on holiday and then get her to claim benefits? Do you seriously think they'd give her benefits? You are deluded if you think it's that easy.

Posted

Will this be every ex-pat or just those outside the EU area? It's a massive tax increase for us expats.

What is the criteria for maintaining UK residency for tax purpose? (How many days do you have to spend in the UK)

UK residence – tax liability
1.3 When you are UK resident you are normally taxed on the arising basis of
taxation. This means that all your worldwide income and gains will be taxable
in the UK. Therefore, even if your foreign income and gains have already
been taxed in another country they will still be taxable in the UK and you must
declare all of your foreign income and gains on your tax return.
1.4 In many cases, relief is given in the UK for foreign tax paid on foreign
income and gains under the provisions of the relevant Double Taxation
Agreements (DTAs) or via unilateral relief. There is more information about
DTAs in section 10.
UK domicile – tax liability
1.5 If you are UK resident but not domiciled in the UK there are special rules
which might apply to your foreign income and gains. In these circumstances
you have a choice of whether to use the arising basis of taxation or the
‘remittance basis’ of taxation. If you choose to use the remittance basis for a
tax year you will pay UK tax on:
 any of your income and gains which arise/accrue in the UK; and
 any of your foreign income and gains that you, or another relevant
person, brings (or ‘remits’) to the UK, even if that remittance occurs in a
later tax year.
If you are a long-term UK resident and you choose to be taxed on the
remittance basis, you may also be liable to pay the Remittance Basis Charge.
Section 5 of this guidance gives more information about domicile.
Dual residence
1.6 It is possible for you to be UK resident under UK tax rules and at the same
time be resident in another country under that country’s rules. This is
sometimes referred to as ‘dual residence’. If you are UK resident and resident
in another country, and the UK has a DTA with the other country, there may
be provisions that determine where you will pay tax. You will need to look at
the guidance in section 10
Posted

Will this be every ex-pat or just those outside the EU area? It's a massive tax increase for us expats.

What is the criteria for maintaining UK residency for tax purpose? (How many days do you have to spend in the UK)

UK residence – tax liability
1.3 When you are UK resident you are normally taxed on the arising basis of
taxation. This means that all your worldwide income and gains will be taxable
in the UK. Therefore, even if your foreign income and gains have already
been taxed in another country they will still be taxable in the UK and you must
declare all of your foreign income and gains on your tax return.
1.4 In many cases, relief is given in the UK for foreign tax paid on foreign
income and gains under the provisions of the relevant Double Taxation
Agreements (DTAs) or via unilateral relief. There is more information about
DTAs in section 10.
UK domicile – tax liability
1.5 If you are UK resident but not domiciled in the UK there are special rules
which might apply to your foreign income and gains. In these circumstances
you have a choice of whether to use the arising basis of taxation or the
‘remittance basis’ of taxation. If you choose to use the remittance basis for a
tax year you will pay UK tax on:
 any of your income and gains which arise/accrue in the UK; and
 any of your foreign income and gains that you, or another relevant
person, brings (or ‘remits’) to the UK, even if that remittance occurs in a
later tax year.
If you are a long-term UK resident and you choose to be taxed on the
remittance basis, you may also be liable to pay the Remittance Basis Charge.
Section 5 of this guidance gives more information about domicile.
Dual residence
1.6 It is possible for you to be UK resident under UK tax rules and at the same
time be resident in another country under that country’s rules. This is
sometimes referred to as ‘dual residence’. If you are UK resident and resident
in another country, and the UK has a DTA with the other country, there may
be provisions that determine where you will pay tax. You will need to look at
the guidance in section 10

You missed non-resident for tax purposes, which is different to all the above.

  • Like 1
Posted

Do you still get tax relief for being away at sea?

Yes, 6 months allowed in the UK but cannot remember whether that is in a financial year or any given 12 month period. Havn't been back to the UK for a long time so a little academic.

Afraid not, you're very out of date.

Tony Blair's first government almost immediately reduced it to 90 days. I think the most recent budget might have reduced it even more.

Doesn't affect me so don't keep exactly up to speed.

Afraid not back at you. Seafarers are still allowed 180 days. This is for foreign going vessels earning from overseas. Oil rig workers and the like do not enjoy this concession. Also we still have to fill in our tax returns and then it is returned. Also days in the country is from midnight to midnight 5 seconds before midnight and that counts as one day in the country.

Posted (edited)

No truth in that story at the moment. But if those UKIP nutters got elected very possible

This story is definitely true and is being discussed, so not sure why you think it's not true, unless you're just a troll. Will affect me, as I'm non-resident for tax purposes and therefore assume I wouldn't be considered as having a close connection with UK. I left many years ago and have no intention of returning. So if this tax is introduced I'll be $2K a year worse off, unless I sell my UK properties, which I'm now considering. Not because of this tax, but because now may be a good time to sell - high prices, CTG probably coming next year, etc.

Too late I'm afraid, CGT is already in effect. Had to pay it on one property last year and another this year.

Doesn't apply to your principle residence (unless you're an MP and can juggle this around) but the Ex got that anyway.

Regarding pensions, tax allowances, etc., they don't care about us expats simply because we can't vote.

At the moment people that are non-resident for tax purposes don't have to pay CGT on UK assets. This is due to change in 2015. But apparently only the increase in value from 2015 onwards will be taxable. But no idea how they will work out that value. Not finalized yet, but seems pretty certain to happen.

I think many Brits that come to live here keep ties with UK and don't even want to be non-resident for tax purposes. So they are still in the tax regime and so have to pay CGT.

You said you had to pay CgT. But are you non-resident for tax purposes? Is that what you claim on your self-assessment and have HMRC agreed with you if you have?

Have been non-resident for tax purposes for many years but had to pay CGT on sale of a UK property last year and another this year. All done via my UK accountant who is normally very much on the ball. Have double checked with him but it was something this gov brought in early on.

If that's not the case, would really like to know.

I still get an Inland Revenue form for every tax year though it's normally 'nil' to declare.

As of now I don't own any UK property or have any income there until my State Pension kicks in. Not sure whether to start taking it now or wait till I need it.

Although I work on 'mobile' offshore rigs I let my Seaman's Ticket expire thinking it wouldn't be of help any more.

I know the 'night spent in the UK' rule but haven't been there for a few years anyway.

What do I know, just a simple drilling hand.

Edited by Bpuumike
Posted

Have been non-resident for tax purposes for many years but had to pay CGT on sale of a UK property last year and another this year. All done via my UK accountant who is normally very much on the ball. Have double checked with him but it was something this gov brought in early on.

If that's not the case, would really like to know.

I still get an Inland Revenue form for every tax year though it's normally 'nil' to declare.

As of now I don't own any UK property or have any income there until my State Pension kicks in. Not sure whether to start taking it now or wait till I need it.

Although I work on 'mobile' offshore rigs I let my Seaman's Ticket expire thinking it wouldn't be of help any more.

I know the 'night spent in the UK' rule but haven't been there for a few years anyway.

What do I know, just a simple drilling hand.

From HMRC website (http://www.hmrc.gov.uk/international/tax-incomegains.htm)...

Capital Gains Tax

In general you will not be liable to pay tax on capital gains if you are not resident in the UK but there are exceptions. Read more in the section 'Tax on capital gains from assets in the UK' later in this guide.

Tax on capital gains from assets in the UK

If you're not resident in the UK, whether you pay Capital Gains Tax on UK assets will depend on a number of factors:

  • if you have previously lived in the UK, and if so, when you left the UK, the period of time you were resident in the UK before your departure and the length of time you live abroad
  • whether you are still ordinarily resident (only for tax years up to and including 2012-13) in the UK - that is, your normal home is the UK
  • whether the assets are held for the purpose of carrying out work through a UK branch or agency

This website has details about CGT only starting in April 2015 --> http://www.step.org/details-uk-plans-capital-gains-tax-non-residents-property-disposals.

I looked into all this via a tax advisor and was told I didn't need to pay any if I sold my UK property. Maybe you have different circumstances. Ask your accountant why you aren't exempt. Does he know that you're non-resident for tax purposes? Have HMRC agreed that you are? And to be clear, being out of the UK for a few years with the intention of returning does not give you non-resident tax status. You may not pay UK tax in the years you're away, but you are still resident for tax purposes, meaning you'd still pay CGT on UK assets.. Non-resident tax status is for people that have permanently left the UK and severed all ties and have no intention of returning. That's what I have done. Left 4 years ago and haven't been back at all. I don't intend to ever live there again.

This government documents seems to clear state that they are changing the rules from April 2015 because non-residents currently don't have to pay CGT. So I think only your accountant can know why you paid it.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/298759/CGT_non-residents_condoc.pdf

Posted

Will this be every ex-pat or just those outside the EU area? It's a massive tax increase for us expats.

What is the criteria for maintaining UK residency for tax purpose? (How many days do you have to spend in the UK)

UK residence – tax liability
1.3 When you are UK resident you are normally taxed on the arising basis of
taxation. This means that all your worldwide income and gains will be taxable
in the UK. Therefore, even if your foreign income and gains have already
been taxed in another country they will still be taxable in the UK and you must
declare all of your foreign income and gains on your tax return.
1.4 In many cases, relief is given in the UK for foreign tax paid on foreign
income and gains under the provisions of the relevant Double Taxation
Agreements (DTAs) or via unilateral relief. There is more information about
DTAs in section 10.
UK domicile – tax liability
1.5 If you are UK resident but not domiciled in the UK there are special rules
which might apply to your foreign income and gains. In these circumstances
you have a choice of whether to use the arising basis of taxation or the
‘remittance basis’ of taxation. If you choose to use the remittance basis for a
tax year you will pay UK tax on:
 any of your income and gains which arise/accrue in the UK; and
 any of your foreign income and gains that you, or another relevant
person, brings (or ‘remits’) to the UK, even if that remittance occurs in a
later tax year.
If you are a long-term UK resident and you choose to be taxed on the
remittance basis, you may also be liable to pay the Remittance Basis Charge.
Section 5 of this guidance gives more information about domicile.
Dual residence
1.6 It is possible for you to be UK resident under UK tax rules and at the same
time be resident in another country under that country’s rules. This is
sometimes referred to as ‘dual residence’. If you are UK resident and resident
in another country, and the UK has a DTA with the other country, there may
be provisions that determine where you will pay tax. You will need to look at
the guidance in section 10

You missed non-resident for tax purposes, which is different to all the above.

I did not miss anything, it is direct extract from the HMRC document.

I can only assume you mean someone that has opted out of the UK tax system. not involved with HMRC.

Poster was asking about UK residency for tax purposes.

Posted

I am still at a loss to work out the benefit other than to the employer to have access to endless amounts of labour who are willing to work for minimum wage.

I sometimes despair at the amount of people who aren't able to think things through. There are probably countless benefits, but here are just a few to get you started...

Many carers in the UK are from the Philippines. There just aren't enough British people that are willing to do the job. So the benefit is that old people get looked after by caring Philippine people. Without these carers many old people would suffer.

Another benefit - we all get cheaper goods. Keep labour costs down and this keeps the cost of goods down. Many people in the UK complain that things are expensive there, bit they'd be a whole lot more if wages were higher.

Another benefit - we can eat British more fruit and vegetables. These are mostly picked by foreigners, as there aren't many Brits willing to do the work. This helps the environment as well, as it means less produce in imported. Also helps many British farmers survive.

Another benefit - we can get building work done to a high standard by builders with a real work ethic. I've had British and Eat European builders, and the British ones are generally of a much lower standard at a much higher price. And most British builders don't turn up, work an hour or two and leave, etc. East European builders tend to work hard until the job's done. That is my experience.

I could go on and on. But maybe you can learn to think a little and the small list above my get you to think a little outside the box. It's not too difficult once you get started.

Posted

Have been non-resident for tax purposes for many years but had to pay CGT on sale of a UK property last year and another this year. All done via my UK accountant who is normally very much on the ball. Have double checked with him but it was something this gov brought in early on.

If that's not the case, would really like to know.

I still get an Inland Revenue form for every tax year though it's normally 'nil' to declare.

As of now I don't own any UK property or have any income there until my State Pension kicks in. Not sure whether to start taking it now or wait till I need it.

Although I work on 'mobile' offshore rigs I let my Seaman's Ticket expire thinking it wouldn't be of help any more.

I know the 'night spent in the UK' rule but haven't been there for a few years anyway.

What do I know, just a simple drilling hand.

From HMRC website (http://www.hmrc.gov.uk/international/tax-incomegains.htm)...

Capital Gains Tax

In general you will not be liable to pay tax on capital gains if you are not resident in the UK but there are exceptions. Read more in the section 'Tax on capital gains from assets in the UK' later in this guide.

Tax on capital gains from assets in the UK

If you're not resident in the UK, whether you pay Capital Gains Tax on UK assets will depend on a number of factors:

  • if you have previously lived in the UK, and if so, when you left the UK, the period of time you were resident in the UK before your departure and the length of time you live abroad
  • whether you are still ordinarily resident (only for tax years up to and including 2012-13) in the UK - that is, your normal home is the UK
  • whether the assets are held for the purpose of carrying out work through a UK branch or agency

This website has details about CGT only starting in April 2015 --> http://www.step.org/details-uk-plans-capital-gains-tax-non-residents-property-disposals.

I looked into all this via a tax advisor and was told I didn't need to pay any if I sold my UK property. Maybe you have different circumstances. Ask your accountant why you aren't exempt. Does he know that you're non-resident for tax purposes? Have HMRC agreed that you are? And to be clear, being out of the UK for a few years with the intention of returning does not give you non-resident tax status. You may not pay UK tax in the years you're away, but you are still resident for tax purposes, meaning you'd still pay CGT on UK assets.. Non-resident tax status is for people that have permanently left the UK and severed all ties and have no intention of returning. That's what I have done. Left 4 years ago and haven't been back at all. I don't intend to ever live there again.

This government documents seems to clear state that they are changing the rules from April 2015 because non-residents currently don't have to pay CGT. So I think only your accountant can know why you paid it.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/298759/CGT_non-residents_condoc.pdf

Thanks for that. It's a bit ambiguous but I'll chase it up.

Have been non-resident for tax 20+ years. HMRC are aware to the extent that they themselves arranged, unasked, for a co. pension to be paid free of tax at source.

Posted

Have been non-resident for tax purposes for many years but had to pay CGT on sale of a UK property last year and another this year. All done via my UK accountant who is normally very much on the ball. Have double checked with him but it was something this gov brought in early on.

If that's not the case, would really like to know.

I still get an Inland Revenue form for every tax year though it's normally 'nil' to declare.

As of now I don't own any UK property or have any income there until my State Pension kicks in. Not sure whether to start taking it now or wait till I need it.

Although I work on 'mobile' offshore rigs I let my Seaman's Ticket expire thinking it wouldn't be of help any more.

I know the 'night spent in the UK' rule but haven't been there for a few years anyway.

What do I know, just a simple drilling hand.

From HMRC website (http://www.hmrc.gov.uk/international/tax-incomegains.htm)...

Capital Gains Tax

In general you will not be liable to pay tax on capital gains if you are not resident in the UK but there are exceptions. Read more in the section 'Tax on capital gains from assets in the UK' later in this guide.

Tax on capital gains from assets in the UK

If you're not resident in the UK, whether you pay Capital Gains Tax on UK assets will depend on a number of factors:

  • if you have previously lived in the UK, and if so, when you left the UK, the period of time you were resident in the UK before your departure and the length of time you live abroad
  • whether you are still ordinarily resident (only for tax years up to and including 2012-13) in the UK - that is, your normal home is the UK
  • whether the assets are held for the purpose of carrying out work through a UK branch or agency
This website has details about CGT only starting in April 2015 --> http://www.step.org/details-uk-plans-capital-gains-tax-non-residents-property-disposals.

I looked into all this via a tax advisor and was told I didn't need to pay any if I sold my UK property. Maybe you have different circumstances. Ask your accountant why you aren't exempt. Does he know that you're non-resident for tax purposes? Have HMRC agreed that you are? And to be clear, being out of the UK for a few years with the intention of returning does not give you non-resident tax status. You may not pay UK tax in the years you're away, but you are still resident for tax purposes, meaning you'd still pay CGT on UK assets.. Non-resident tax status is for people that have permanently left the UK and severed all ties and have no intention of returning. That's what I have done. Left 4 years ago and haven't been back at all. I don't intend to ever live there again.

This government documents seems to clear state that they are changing the rules from April 2015 because non-residents currently don't have to pay CGT. So I think only your accountant can know why you paid it.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/298759/CGT_non-residents_condoc.pdf

Thanks for that. It's a bit ambiguous but I'll chase it up.

Have been non-resident for tax 20+ years. HMRC are aware to the extent that they themselves arranged, unasked, for a co. pension to be paid free of tax at source.

I may have missed a previous post (so apologies if I have) but I was under the impression that unless you moved your pension offshore (via QROPS or whatever) you were always taxed on it either by HMRC or via a double taxation treaty in another country? If it is less than the personal allowance perhaps but with pensions I thought you had to claim back the difference?

Posted

Have been non-resident for tax purposes for many years but had to pay CGT on sale of a UK property last year and another this year. All done via my UK accountant who is normally very much on the ball. Have double checked with him but it was something this gov brought in early on.

If that's not the case, would really like to know.

I still get an Inland Revenue form for every tax year though it's normally 'nil' to declare.

As of now I don't own any UK property or have any income there until my State Pension kicks in. Not sure whether to start taking it now or wait till I need it.

Although I work on 'mobile' offshore rigs I let my Seaman's Ticket expire thinking it wouldn't be of help any more.

I know the 'night spent in the UK' rule but haven't been there for a few years anyway.

What do I know, just a simple drilling hand.

From HMRC website (http://www.hmrc.gov.uk/international/tax-incomegains.htm)...

Capital Gains Tax

In general you will not be liable to pay tax on capital gains if you are not resident in the UK but there are exceptions. Read more in the section 'Tax on capital gains from assets in the UK' later in this guide.

Tax on capital gains from assets in the UK

If you're not resident in the UK, whether you pay Capital Gains Tax on UK assets will depend on a number of factors:

  • if you have previously lived in the UK, and if so, when you left the UK, the period of time you were resident in the UK before your departure and the length of time you live abroad
  • whether you are still ordinarily resident (only for tax years up to and including 2012-13) in the UK - that is, your normal home is the UK
  • whether the assets are held for the purpose of carrying out work through a UK branch or agency
This website has details about CGT only starting in April 2015 --> http://www.step.org/details-uk-plans-capital-gains-tax-non-residents-property-disposals.

I looked into all this via a tax advisor and was told I didn't need to pay any if I sold my UK property. Maybe you have different circumstances. Ask your accountant why you aren't exempt. Does he know that you're non-resident for tax purposes? Have HMRC agreed that you are? And to be clear, being out of the UK for a few years with the intention of returning does not give you non-resident tax status. You may not pay UK tax in the years you're away, but you are still resident for tax purposes, meaning you'd still pay CGT on UK assets.. Non-resident tax status is for people that have permanently left the UK and severed all ties and have no intention of returning. That's what I have done. Left 4 years ago and haven't been back at all. I don't intend to ever live there again.

This government documents seems to clear state that they are changing the rules from April 2015 because non-residents currently don't have to pay CGT. So I think only your accountant can know why you paid it.

https://www.gov.uk/government/uploads/system/uploads/attachment_data/file/298759/CGT_non-residents_condoc.pdf

Thanks for that. It's a bit ambiguous but I'll chase it up.

Have been non-resident for tax 20+ years. HMRC are aware to the extent that they themselves arranged, unasked, for a co. pension to be paid free of tax at source.

I may have missed a previous post (so apologies if I have) but I was under the impression that unless you moved your pension offshore (via QROPS or whatever) you were always taxed on it either by HMRC or via a double taxation treaty in another country? If it is less than the personal allowance perhaps but with pensions I thought you had to claim back the difference?

I can only speak from my own experience with HMRC and a company pension below the personal allowance.

I think the concern on this thread is that State Pensions might be taxed at source in future, regardless of personal allowance or any other UK income.

Posted

Thanks for that. It's a bit ambiguous but I'll chase it up.

Have been non-resident for tax 20+ years. HMRC are aware to the extent that they themselves arranged, unasked, for a co. pension to be paid free of tax at source.

I may have missed a previous post (so apologies if I have) but I was under the impression that unless you moved your pension offshore (via QROPS or whatever) you were always taxed on it either by HMRC or via a double taxation treaty in another country? If it is less than the personal allowance perhaps but with pensions I thought you had to claim back the difference?

I can only speak from my own experience with HMRC and a company pension below the personal allowance.

I think the concern on this thread is that State Pensions might be taxed at source in future, regardless of personal allowance or any other UK income.

Thanks for clarifying - as mentioned I believe pensions (whether state, company or private)are normally taxed at source - yours appears to be an anomaly.....

Posted

Thanks for that. It's a bit ambiguous but I'll chase it up.

Have been non-resident for tax 20+ years. HMRC are aware to the extent that they themselves arranged, unasked, for a co. pension to be paid free of tax at source.

I may have missed a previous post (so apologies if I have) but I was under the impression that unless you moved your pension offshore (via QROPS or whatever) you were always taxed on it either by HMRC or via a double taxation treaty in another country? If it is less than the personal allowance perhaps but with pensions I thought you had to claim back the difference?

I can only speak from my own experience with HMRC and a company pension below the personal allowance.

I think the concern on this thread is that State Pensions might be taxed at source in future, regardless of personal allowance or any other UK income.

Thanks for clarifying - as mentioned I believe pensions (whether state, company or private)are normally taxed at source - yours appears to be an anomaly.....

I must admit I was surprised. I can only think that someone at HMRC (and they have all the data available) must have joined up the dots and decided that not taxing at source would save a lot of hassle and paperwork all round.

Very sensible too.

Posted

cheesy.gif ........................Thats why the pot-less are queuing up in tents at Calais is it, noooooooo freebies........cheesy.gif

They are queuing up to find work not to get freebies. They have a better work ethic than most Brits. Maybe you need to get back to the UK and talk to immigrants. You'll then see that 90%+ don't get any state help. Many start with nothing and still manage to make a living. Unlike many Brits who can't last a day without help.

Did you know that 32,000 migrants that were given permission to work in the UK claim benefits cos their salary is low..?

Also I was in business for many years and I KNOW about folk using illegal folk cos money was saved by both sides....whistling.gif

And did yo know there are over 31 million people working in the UK, and between 2 and 4 million British people claiming full benefits, as well as about 10-15 million others claiming other benefits.

32,000? So what? I'm British and I welcome them with open arms, as I did when I lived there. The UK needs people that are willing to work.

Do you also know that the NHS would cease to function with foreigners, because such a large percentage of nurses are foreign. And do you know that there wouldn't be anyone to care for the elderly without foreign carers? There aren't enough British nurses and carers. Not many British people want to be carers and would rather a life on benefits. What do you propose we do wit these elderly people? Dump them in the streets? I'd prefer to top up their foreign carers pay with some benefits. It's called compassion. The UK would be a much worse place if the likes of you got their way.

The care industry in the UK is a mess - it is all outsourced to care companies that hire using zero hour contracts and pay minimum wage with no benefits or normal protection (zero hour contracts is a very grey area - it is being legislated on this year - and Labour (who incidentally brought it in!) state they will make them illegal if they get back into power). The NHS does have many foreign workers, but all have to be legal.

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