Overseas Aspects

Question 1

How many domiciles can you have?

Answer 1

ONE

Question 2

What is the age for domicile of dependency?

Answer 2

16 (getting married aha)

Question 3

What to remember about domicile of origin

Answer 3

DOMICILE of parent, NOT WHERE CHILD BORN

Question 4

Remittance basis: What to remember for people automatically added?

Answer 4

You KEEP PA, AEA and DON’T PAY REMITTANCE BASIS CHARGE

Question 5

Remittance basis claim deadline

Answer 5

4y

Question 6

Overseas aspect of NIC

Answer 6

Usually of country, but at least first year NIC if EU & temporarily abroad

Question 7

Overseas income tax: Exempt benefits (i.e. paid by emplyer)

Answer 7

1. Board and lodging
2. Return flights
   a. Spouse & minor’s too (60d, 2pppa)

Question 8

DTR 2 options

Answer 8

1. Exemption method (if agreement)
2. Unilateral relief (if no agreement)

Question 9

Non resident treatment of other income

Answer 9

‘Disregarded income’

Gov keeps tax already deducted at source
from the types normally deducted at source (i.e. not employ, rent & trad)

Have to be non-resident all year

Loose PA (any other UK income will be taxed more)

Question 10

Personal allowances may only be claimed by non-UK residents if they are:

Answer 10

Ctizens of the EEA

Resident in the Isle of Man or Channel Islands

Current or former Crown servants and their widows or widowers

Resident in certain territories with which the UK has a double tax agreement

Former residents who have left the UK for health reasons

Question 11

General thing for overseas CGT?

Answer 11

Same as IT, including remittance basis & DTR

Question 12

Can you still get private residence relief on a UK house sold as a non resident (that you have to pay CGT on)?

Answer 12

YES

If stayed 90d (p.a.)
Can only nominate 1 property
(Can have last 9m even if not overseas then)

Question 13

What to remember about a non UK resident disposing of UK proeprty?

Answer 13

Same as resident: PAYMENT ON ACCOUNT 60d