Statutory Residence Test For Expats Available Online

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Pryce Warner International Group advise that HMRC introduced new criteria for determining whether or not expats will be considered resident in the UK for tax purposes on April 6th 2013, and that this will be available online.

British Expats should take the online residency test as soon as it goes live

You may think you are sure about your tax and residency status but with the new changes some people will now be considered liable for tax in the UK.

Pryce Warner International Group – HMRC introduced new criteria for determining whether or not British expats will be considered resident in the UK for tax purposes on April 6th, 2013.

These criteria have been termed the “Statutory Residence Test”, and will soon be able to be taken online.

All expats should take the online version of this test in order to be completely certain whether or not they are considered resident in the UK for tax purposes.

As the new tax year has just begun, double checking their tax status and planning accordingly over the coming year is highly important.

David Retikin, Director of Operations at Pryce Warner International Group, commented: “Many expats will now be planning their finances for the coming year, and a vitally important aspect of this is tax planning. You may think you are sure about your tax and residency status but with the new changes some people will now be considered liable for tax in the UK. Some may become liable depending on how many days they spend in the UK over the coming tax year. For that reason it is highly recommended that expats take the online residency test so that they can plan accordingly.”

Pryce Warner International Group have produced a tax planning guide for expats in order to help with this issue.

The statutory residence test takes into account factors such as days spent in the UK, access to and ownership of property, family ties and days spent working in the UK.

Individuals are either considered “atomically resident” or “automatically non-resident” based on the above criteria, and if neither applies, more detailed factors will be taken into account. These include the amount of days spent in the UK, and the amount of days you can spend in the UK without being considered resident for tax purposes changes depending on how recently an individual has left the UK, as well as other factors.

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Aneil Fatania
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