Quick question re tax
#1
Just Joined
Thread Starter
Joined: Oct 2012
Posts: 3
Quick question re tax
Hi,
I've been in the UAE for 2 1/2 years working for the government and am therefore a UK non-resident for tax purposes.
I might be moving to Oman but there I will be working for a UK-based organisation. They said they will pay me as a consultant into an Oman bank account.
Am I right in thinking that my non-residence status will be unaffected?
If anyone in the know could reassure me I'd be very grateful!
Many Thanks
I've been in the UAE for 2 1/2 years working for the government and am therefore a UK non-resident for tax purposes.
I might be moving to Oman but there I will be working for a UK-based organisation. They said they will pay me as a consultant into an Oman bank account.
Am I right in thinking that my non-residence status will be unaffected?
If anyone in the know could reassure me I'd be very grateful!
Many Thanks
#2
Re: Quick question re tax
You will be unaffected as you will remain UK non-resident for tax purposes. In your situation, what matters is where you are resident not who pays you.
Good luck with your move.
Good luck with your move.
#4
Re: Quick question re tax
Meow - there's a cyber pint in this for you
say a chap who was a non UK resident and worked 2/3rds of last year in UAE then returned to blighty for the final 3rd
would his 2012 bonus paid by the UAE company be classed as tax free ?
say a chap who was a non UK resident and worked 2/3rds of last year in UAE then returned to blighty for the final 3rd
would his 2012 bonus paid by the UAE company be classed as tax free ?
#5
Re: Quick question re tax
Sorry.
#7
Forum Regular
Joined: Jan 2012
Posts: 99
Re: Quick question re tax
Hi all,
Sorry to interrupt this thread, but on a similar matter I am potentially moving out to Dubai this year at some stage (I guess Sept). Obviously I will pay tax in the UK until that point, but my wife and kids will then follow me out shortly after at which point then I will rent out my house.
My question is, althought we will be based in Dubai for at least 3-5 years, maybe more, will retaining my UK property (if rented out) constitute residency in the UK, and therefore incur tax charges? If I didnt rent it out, what would be the tax implications?
All advice gratefully received.
Sorry to interrupt this thread, but on a similar matter I am potentially moving out to Dubai this year at some stage (I guess Sept). Obviously I will pay tax in the UK until that point, but my wife and kids will then follow me out shortly after at which point then I will rent out my house.
My question is, althought we will be based in Dubai for at least 3-5 years, maybe more, will retaining my UK property (if rented out) constitute residency in the UK, and therefore incur tax charges? If I didnt rent it out, what would be the tax implications?
All advice gratefully received.
#8
Re: Quick question re tax
Hi all,
Sorry to interrupt this thread, but on a similar matter I am potentially moving out to Dubai this year at some stage (I guess Sept). Obviously I will pay tax in the UK until that point, but my wife and kids will then follow me out shortly after at which point then I will rent out my house.
My question is, althought we will be based in Dubai for at least 3-5 years, maybe more, will retaining my UK property (if rented out) constitute residency in the UK, and therefore incur tax charges? If I didnt rent it out, what would be the tax implications?
All advice gratefully received.
Sorry to interrupt this thread, but on a similar matter I am potentially moving out to Dubai this year at some stage (I guess Sept). Obviously I will pay tax in the UK until that point, but my wife and kids will then follow me out shortly after at which point then I will rent out my house.
My question is, althought we will be based in Dubai for at least 3-5 years, maybe more, will retaining my UK property (if rented out) constitute residency in the UK, and therefore incur tax charges? If I didnt rent it out, what would be the tax implications?
All advice gratefully received.
#10
Re: Quick question re tax
I'm no tax expert, but some on here are. My friend is in the same predicament moving out here. He spoke to his UK account and he will send 'some' money home to be taxed on and claim expenses against.
#11
Re: Quick question re tax
Hi all,
Sorry to interrupt this thread, but on a similar matter I am potentially moving out to Dubai this year at some stage (I guess Sept). Obviously I will pay tax in the UK until that point, but my wife and kids will then follow me out shortly after at which point then I will rent out my house.
My question is, althought we will be based in Dubai for at least 3-5 years, maybe more, will retaining my UK property (if rented out) constitute residency in the UK, and therefore incur tax charges? If I didnt rent it out, what would be the tax implications?
All advice gratefully received.
Sorry to interrupt this thread, but on a similar matter I am potentially moving out to Dubai this year at some stage (I guess Sept). Obviously I will pay tax in the UK until that point, but my wife and kids will then follow me out shortly after at which point then I will rent out my house.
My question is, althought we will be based in Dubai for at least 3-5 years, maybe more, will retaining my UK property (if rented out) constitute residency in the UK, and therefore incur tax charges? If I didnt rent it out, what would be the tax implications?
All advice gratefully received.
Owning a property in the UK does not mean you are resident, but having access to a property is a connecting factor. If the property is let then you could be subject to income tax on the rental income if the income, less mortgage interest and allowance expenses, exceeds your personal allowance.
See these links:
http://financialuae.me/2013/02/12/in...esidency-test/
http://financialuae.me/2012/05/03/gu...ated-may-2012/