EU Referendum

Thread Tools
 
Old Jan 17th 2016, 11:30 pm
  #61  
Lost in BE Cyberspace
 
Gozit's Avatar
 
Joined: Sep 2013
Location: SW Ontario, Canada
Posts: 6,960
Gozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond reputeGozit has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by BritInParis
I got that but it didn't make much sense compared when to compared the previous comments. Never mind.
It was a vague comment, don't worry I didn't make too much sense of it either that was just my first instinctual thought that came of it.
Gozit is offline  
Old Jan 17th 2016, 11:48 pm
  #62  
Binned by Muderators
 
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
JonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by BritInParis
Interesting, I wasn't aware of that difference.

https://www.gov.uk/inheritance-tax/w...de-the-uk-dies

Would being registered to vote as an overseas voter have any effect on whether someone was considered to be living abroad permanently or not? That link suggests length of residency is key rather than UK ties per se.
I think that link is a little misleading. Looking further into HMRC's manuals RDRM23050 states,"A domicile of choice is acquired by the combination of physical presence in a territory as an actual inhabitant of it and the intention to remain there permanently or indefinitely,"

An example HMRC gives is of someone posted abroad for work who expects to retire in the UK. If their domicile of origin was in England before they were posted abroad it will remain in England however long long they live overseas. If that is 30 or 40 years no matter.

The old advice was to buy a burial plot in Canada as evidence of your intention to die here.

Inheritance Tax is an issue for British Expats as there is no IT in Canada. Here an individual is taxed on the deemed disposition of their capital assets just before death. As there is no IT here there is no foreign tax credit available. There is a potential for double taxation.

The new advice, if IT could be an issue, is not to do anything that would suggest a return to the UK is contemplated.

I don't know how HMRC will interpret being an overseas voter. They will make their decision based on facts but the onus is for the person claiming a domicile of choice to prove their claim. I try and avoid giving them any facts to disprove my claim.
JonboyE is offline  
Old Jan 18th 2016, 5:12 am
  #63  
Grumpy Know-it-all
 
Steve_'s Avatar
 
Joined: Jul 2010
Location: Calgary, Alberta
Posts: 8,928
Steve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by JonboyE
The new advice, if IT could be an issue, is not to do anything that would suggest a return to the UK is contemplated.
Wasn't there a case where someone had their ashes scattered in the UK and HMRC decided they were domiciled?

Anyway the short answer is the more ties you have to the UK the more likely you are to be taxed there so it's not a good idea to register to vote there imo.

In reality if you live in Canada and are also a Canadian citizen it is very unlikely to ever be a problem because of Article 4 of the tax treaty. If you lived somewhere where the UK had no tax treaty I'd be a bit more nervous about it.

But why chance it, I can't see the point. It's just a boring conversation with HMRC you can avoid by not bothering to do something.

(a) he shall be deemed to be a resident of the Contracting State in which he has a permanent home available to him. If he has a permanent home available to him in both Contracting States, he shall be deemed to be a resident of the Contracting State with which his personal and economic relations are closer (centre of vital interests);
Where you are registered to vote has a bearing on your "centre of vital interests" but if you're registered to vote in both places that effectively negates it as an issue.

Note that HMRC has long and lengthy guides on how to figure out residency and domicile in the UK for tax purposes which generally neglect to mention tax treaties, which the UK has with most countries. And the residency rule in the tax treaty overrides most if not all of the guidance HMRC spent ages putting into those PDFs.

Ditto for the CRA.
Steve_ is offline  
Old Jan 18th 2016, 5:24 am
  #64  
Grumpy Know-it-all
 
Steve_'s Avatar
 
Joined: Jul 2010
Location: Calgary, Alberta
Posts: 8,928
Steve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond reputeSteve_ has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by Gozit
Why? Yes US citizenship comes with a few niggles such as the tax stuff and the main one I would be scared of is draft. If they tried to call me into army service i'd definitely just decline/renounce my citizenship. But you only become liable for US tax
a) After you hit over $85,000 per annum. in income (or somewhere similar)
AND
b) The amount of US tax you would potentially owe exceeds the tax you already have paid in your current country of residence. Only then would you have to pay Uncle Sam, and you'd be paying the difference, not the full amount. I'd imagine Canadian taxes and most EU taxes are higher than US so it really shouldn't be an issue.
I never really understand why people are scared of Selective Service registration, without question Canada would just call up people using their SIN if it was ever considered necessary. It's just a pointless bureaucracy in the US, a place that has many pointless bureaucracies.

As for taxes it is more complex than that because the US considers things like ISAs and TFSAs to be foreign trusts and thus subject to not only taxation in the US but very complex reporting requirements, relative of mine just ran into this problem. US citizen who lives in the UK.

It is a major paper chase filling in Form 2555 and Form 1116 every year (and often you have to file multiple 1116s).

Because the tax year is different and the currency is different and in addition the UK likes to hide taxes, you have to calculate what your income is for a calendar year in USD prior to being taxed. Which sounds simple but it's not, because the tax year in the UK has yet to end so figuring the gross income can be tricky. You can't work out the Federal Foreign Tax Credit until you do. The UK for example withholds 20% income tax from bank interest.

As for renouncing citizenship, takes a year to get an appointment and the fee is $2,350, which I think the State Dept. based on the going rate to get an accountant to do your 2555 and 1116s for you.
Steve_ is offline  
Old Jan 19th 2016, 2:38 pm
  #65  
Binned by Muderators
 
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
JonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond reputeJonboyE has a reputation beyond repute
Default Re: EU Referendum

The tax treaty is not really relevant to inheritance tax because:

a) It deals with residence, and inheritance tax is assessed on the basis of domicile, not residence.

b) It deals with income or profits taxes, not inheritance or estate Taxes.
JonboyE is offline  
Old Jan 19th 2016, 7:20 pm
  #66  
BE Enthusiast
 
SarahBC's Avatar
 
Joined: Jan 2006
Location: Port Alberni, BC
Posts: 364
SarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond repute
Default Re: EU Referendum

I'm voting in the EU referendum for sure. I registered to vote in the 2014 General Election.
The EU has long annoyed me and I'm relishing the possibility that Britain could be given a chance to leave.
I'm still safe with the 15 year rule.
Cheers,
Sarah
SarahBC is offline  
Old Jan 20th 2016, 12:26 am
  #67  
Lost in BE Cyberspace
 
Almost Canadian's Avatar
 
Joined: Aug 2005
Location: South of Calgary
Posts: 13,374
Almost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by SarahBC
I'm voting in the EU referendum for sure. I registered to vote in the 2014 General Election.
The EU has long annoyed me and I'm relishing the possibility that Britain could be given a chance to leave.
I'm still safe with the 15 year rule.
Cheers,
Sarah
I have said this numerous times before but...

I believe you will find that most of the laws you believe are "beneficial" to workers in the UK are EU laws.

Out of interest, what is it about the EU that annoys you?
Almost Canadian is offline  
Old Jan 20th 2016, 4:26 am
  #68  
BE Enthusiast
 
SarahBC's Avatar
 
Joined: Jan 2006
Location: Port Alberni, BC
Posts: 364
SarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond reputeSarahBC has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by Almost Canadian
I have said this numerous times before but...

I believe you will find that most of the laws you believe are "beneficial" to workers in the UK are EU laws.

Out of interest, what is it about the EU that annoys you?

I could go on and on but some of my key criticisms of the EU:

- It has created greatest benefit for the founding members.

- It has allowed idiotic policies such as the CAP to endure.

- It has spread from being an economic mechanism to a socio-political behemoth that wasn't what was imagined when the UK entered the EEC

- It has turned our commitment to social welfare into a magnet for citizens of less developed EU member states.

I am also sceptical that the eventual referendum will be a simple in or out vote.
SarahBC is offline  
Old Jan 20th 2016, 8:15 am
  #69  
 
BritInParis's Avatar
 
Joined: Feb 2012
Location: Not in Paris
Posts: 18,192
BritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond reputeBritInParis has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by SarahBC
I am also sceptical that the eventual referendum will be a simple in or out vote.
The question is set in the relevant Act of Parliament. It cannot be changed.

“Should the United Kingdom remain a member of the European Union or leave the European Union?”

European Union Referendum Act 2015
BritInParis is offline  
Old Jan 20th 2016, 12:42 pm
  #70  
Oscar nominated
 
BristolUK's Avatar
 
Joined: Jan 2008
Location: Moncton, NB, CANADA
Posts: 50,783
BristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond reputeBristolUK has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by BritInParis
The question is set in the relevant Act of Parliament. It cannot be changed.

“Should the United Kingdom remain a member of the European Union or leave the European Union?”
I was just going to make a smartarse comment about a 'yes' or 'no' answer not being a clear vote.

But then I read the answers to be selected:
“Remain a member of the European Union"
"Leave the European Union”.
BristolUK is offline  
Old Jan 20th 2016, 1:30 pm
  #71  
Lost in BE Cyberspace
 
Almost Canadian's Avatar
 
Joined: Aug 2005
Location: South of Calgary
Posts: 13,374
Almost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond reputeAlmost Canadian has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by SarahBC
I could go on and on but some of my key criticisms of the EU:

- It has created greatest benefit for the founding members.

- It has allowed idiotic policies such as the CAP to endure.

- It has spread from being an economic mechanism to a socio-political behemoth that wasn't what was imagined when the UK entered the EEC

- It has turned our commitment to social welfare into a magnet for citizens of less developed EU member states.

I am also sceptical that the eventual referendum will be a simple in or out vote.
I have no issue with your comment about CAP. The economic/socio-political issue came about as a result of treaty changes, which, you may recall, the UK had an involvement with a had a veto over.

The two highlighted comments appear somewhat contradictory to me.
Almost Canadian is offline  
Old Jan 25th 2016, 6:27 pm
  #72  
BE Forum Addict
 
jimf's Avatar
 
Joined: Apr 2008
Location: Calgary
Posts: 3,340
jimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond repute
Default Re: EU Referendum

Maybe things are going against Team Goldman Sachs but no doubt they can deploy the resources to win the vote in the end.

The EU's back is against the wall. It won't go down without a dirty fight - Telegraph
jimf is offline  
Old Jan 27th 2016, 7:32 pm
  #73  
BE Forum Addict
 
jimf's Avatar
 
Joined: Apr 2008
Location: Calgary
Posts: 3,340
jimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond repute
Default Re: EU Referendum

Keep on talking David......

Watch: David Lammy says a million Indians died in WWII fighting for the 'European project' - Spectator Blogs
jimf is offline  
Old Jan 27th 2016, 8:21 pm
  #74  
Born again atheist
 
Novocastrian's Avatar
 
Joined: Jul 2005
Location: Europe (to be specified).
Posts: 30,259
Novocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond reputeNovocastrian has a reputation beyond repute
Default Re: EU Referendum

Originally Posted by SarahBC
I could go on and on but some of my key criticisms of the EU:

- It has created greatest benefit for the founding members
Link please, because that's not my impression.

- It has allowed idiotic policies such as the CAP to endure.
To the benefit of UK farmers.

- It has spread from being an economic mechanism to a socio-political behemoth that wasn't what was imagined when the UK entered the EEC
Well it was really, check your dates. Although I'm not sure what a socio-political behemoth is in contrast to a community.

- It has turned our commitment to social welfare into a magnet for citizens of less developed EU member states.
Really? Then how come almost all of the recent wave of refugees go to Germany or Sweden?

I am also sceptical that the eventual referendum will be a simple in or out vote.
It will. But it will be decided upon uneducated polemics rather than rationality.

Last edited by Novocastrian; Jan 27th 2016 at 8:24 pm.
Novocastrian is offline  
Old Feb 2nd 2016, 5:23 pm
  #75  
BE Forum Addict
 
jimf's Avatar
 
Joined: Apr 2008
Location: Calgary
Posts: 3,340
jimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond reputejimf has a reputation beyond repute
Default Re: EU Referendum

Various opinions/.....

Cameron’s EU deal: the verdict from our panel | Matthew d’Ancona, Daniel Hannan, Tom Clark and Natalie Nougayrède | Opinion | The Guardian
jimf is offline  


Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service -

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.