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Keeping a car in UK - tax implications ?

Keeping a car in UK - tax implications ?

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Old Feb 28th 2012, 4:24 pm
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Default Re: Keeping a car in UK - tax implications ?

Originally Posted by mauser1905
So if you have a property back in UK, you wont go for home insurance? Wont pay council tax? (fixed asset)

If you have a existing investment fund in the UK, you wont pay their annual fees?

If someone is a chartered member of any British institution then they wont keep their membership updated? (off course you may then pay country based rate).

Dual citizenship or being expat doesnt have to be UK assestless person, IMHO. Thats like going too far in the greed of taxing!

I think you are a bit confused. What you are suggesting is pretty much what happens in Canada, not the UK. The new rules will make it clear to see if someone is to be treated as UK resident for tax purposes. Insuring a property or having a UK investment doesn't come into the equation.
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