Declarations to Inland Revenue upon our return to the UK
#1
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Joined: Mar 2011
Posts: 2
Declarations to Inland Revenue upon our return to the UK
I have been overseas for the past 20 years and now planning to return to the UK. During this perioid of being overseas I have not submitted any tax returns and need to understand what I need to do to get back "into the system" and is there likely to be any penalities imposed by HMRC. Anyone had a similar experience?
#2
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Joined: Mar 2009
Posts: 1,289
Re: Declarations to Inland Revenue upon our return to the UK
If you've been overseas for 20 years then there was no need to submit UK tax returns. Therefore I do not understand what "penalties" you expect?
If you return to the UK and earn income there, you may have to do an annual tax return. But not everyone has to do a tax return. If HMRC think you need to do a tax return, they'll send you a letter telling you to do so.
If you return to the UK and earn income there, you may have to do an annual tax return. But not everyone has to do a tax return. If HMRC think you need to do a tax return, they'll send you a letter telling you to do so.
#3
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Joined: Feb 2011
Posts: 21
Re: Declarations to Inland Revenue upon our return to the UK
My parents returned after about 30 years away and just had to pay a 'top up' for their pension fund to ensure they still have an entitlement when they retire.
#4
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Joined: Aug 2007
Posts: 1,782
Re: Declarations to Inland Revenue upon our return to the UK
I have been overseas for the past 20 years and now planning to return to the UK. During this perioid of being overseas I have not submitted any tax returns and need to understand what I need to do to get back "into the system" and is there likely to be any penalities imposed by HMRC. Anyone had a similar experience?