HMRC grab tax from foriegn accounts

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Aug 11th 2009, 3:30 am

954RR

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Location: Dubai, The Greens

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HMRC grab tax from foriegn accounts

http://news.bbc.co.uk/2/hi/uk_news/8194532.stm

It looks like HMRC is looking for money everywhere.

Aug 11th 2009, 3:55 am

The Dean

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Re: HMRC grab tax from foriegn accounts

Quote:

Originally Posted by 954RR

http://news.bbc.co.uk/2/hi/uk_news/8194532.stm

It looks like HMRC is looking for money everywhere.

If you are genuinely non-resident and non-domiciled in UK terms, it's not taxable. The measures are aimed at people who stash the cash there while full-time UK residents.

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