Residency risk for visiting business people
Foreign business visitors could find themselves liable to UK tax after as few as four overnight visits a month to the UK.
The warning comes from the
Chartered Institute of
Taxation in a submission to the Treasury on a proposed new residency test.
The test means someone can be assumed to be resident in the UK, a subject to
UK taxes, after passing just 90 days in the country. The rules are strict
because the 90 days includes dates of arrival and departure.
According to the Financial Times the CIoT’s submission says the new
rules could have ‘a genuine and really serious impact on London and other major
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