UK EXPAT - TAX ADVISOR
#1
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Joined: Sep 2022
Posts: 18
UK EXPAT - TAX ADVISOR
I am starting a new role soon in Saudi and I wanted to know if anyone have contact details for a good tax advisor. So far I have had mixed feedback from brits and recruiters working in the middle east with recruiters often claiming it is tax free and you pay nothing back to the UK govt. However, some expats I have spoken with have said they have had to make non resident declarations and the .gov website also suggests there are tax deduction based on the residency classification. My problem is interpretation of the residency classification for tax purposes is not as straigh forward. Is there anyone that can share the details of a certified and experienced tax advisor? Also please comment on your personal experiences with regards to eligibility of tax payments back to UK on foreign income whilst living abroad.
I have no businesses
No mortgage
Children and wife will be joining me after six months.
thanks in advance
I have no businesses
No mortgage
Children and wife will be joining me after six months.
thanks in advance
#2
Just Joined
Joined: Jun 2021
Posts: 20
Re: UK EXPAT - TAX ADVISOR
Key thing to think about is the timing you depart and when you come back to the UK (not always in your control). Any UK based accountant should be able to advise you on this along with the resident form
#4
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Re: UK EXPAT - TAX ADVISOR
What or when is a good time. Its not really in my control in that respect. I am due to start remotely on 15th OCTOBER and onsite on 23. When is a good time and what is the difference we are talking about.
#5
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Joined: Jun 2021
Posts: 20
Re: UK EXPAT - TAX ADVISOR
The timing I am referring to is in relation to the UK tax year. Go see an accountant and they help you with your situation. For full tax years abroad you should not pay tax whilst in saudi, it is the split/stub years that you need to advice with
#6
#11
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Joined: Sep 2022
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Re: UK EXPAT - TAX ADVISOR
hahahaha. Thanks again.
I have booked a brief consultation with an accountant for tomorrow morning and hopefully not too much to be paid.
I am sure I wont be told everything and will probably give me a price list of services first.
I have booked a brief consultation with an accountant for tomorrow morning and hopefully not too much to be paid.
I am sure I wont be told everything and will probably give me a price list of services first.
#13
Just Joined
Joined: Sep 2022
Posts: 22
Re: UK EXPAT - TAX ADVISOR
I am starting a new role soon in Saudi and I wanted to know if anyone have contact details for a good tax advisor. So far I have had mixed feedback from brits and recruiters working in the middle east with recruiters often claiming it is tax free and you pay nothing back to the UK govt. However, some expats I have spoken with have said they have had to make non resident declarations and the .gov website also suggests there are tax deduction based on the residency classification. My problem is interpretation of the residency classification for tax purposes is not as straigh forward. Is there anyone that can share the details of a certified and experienced tax advisor? Also please comment on your personal experiences with regards to eligibility of tax payments back to UK on foreign income whilst living abroad.
I have no businesses
No mortgage
Children and wife will be joining me after six months.
thanks in advance
I have no businesses
No mortgage
Children and wife will be joining me after six months.
thanks in advance
#14
Re: UK EXPAT - TAX ADVISOR
That is not correct.
Individual circumstances need to be looked at in detail to determine under the Statutory Residence Test (which was introduced by HMRC with effect from the 2013/14 UK tax year) which of those tests an individual passes which in turn determines their residence status for that tax year.
The area of residence is complex so professional advice should be taken.
Last edited by TopNik; Oct 15th 2022 at 11:17 am.
#15
Onwards and Upwards!
Joined: Sep 2010
Posts: 884
Re: UK EXPAT - TAX ADVISOR
Best get specialist, professional advice on how to become and remain UK non-resident for income tax purposes, which will vary depending on your personal circumstances and is more difficult than you might initially think. You are currently UK resident and liable for UK income tax on your worldwide earnings, and will remain so until you are confirmed as UK non-resident, which in your case will be 6th April 2024 at the very earliest (one full UK tax year overseas). In certain circumstances you can split the tax-years that you leave and return to the UK, but again this depends on your personal circumstances. From what you've posted you should aim to meet the Third Automatic Overseas Test (Working full-time overseas) and keep good records to prove this if required.
There's a good flowchart on the Statutory Residence Test here.
Good luck with your new role in Saudi, the weather should be nice when you arrive...
There's a good flowchart on the Statutory Residence Test here.
Good luck with your new role in Saudi, the weather should be nice when you arrive...