Moving from Canada to uk tax issues
#1
Just Joined
Thread Starter
Joined: Aug 2010
Posts: 23
Moving from Canada to uk tax issues
Hello,
I apologise if this question has been asked before and I’ve tried to look but have had no luck seeing a previous thread.
I am a dual citizen between Canada and the U.K. and I am thinking about moving to Scotland.
I have had some recently tell me that when I do make the move that I will need to give up my Canadian citizenship or else I will have to continue to pay taxes in Canada.
I have tried to look this up online but have found no information on this, and I am not sure if it is true because I currently don’t pay taxes in the U.K. but have my citizenship there.
I’m sorry if this is a silly question and appreciate anyone’s help 😃😃
I apologise if this question has been asked before and I’ve tried to look but have had no luck seeing a previous thread.
I am a dual citizen between Canada and the U.K. and I am thinking about moving to Scotland.
I have had some recently tell me that when I do make the move that I will need to give up my Canadian citizenship or else I will have to continue to pay taxes in Canada.
I have tried to look this up online but have found no information on this, and I am not sure if it is true because I currently don’t pay taxes in the U.K. but have my citizenship there.
I’m sorry if this is a silly question and appreciate anyone’s help 😃😃
#4
Best Place on Earth- LMAO
Joined: Dec 2004
Location: BC
Posts: 571
Re: Moving from Canada to uk tax issues
You do have to inform Revenue Canada of the date you leave the country.
#5
BE Forum Addict
Joined: Aug 2013
Location: Eee Bah Gum
Posts: 4,129
Re: Moving from Canada to uk tax issues
https://www.greenbacktaxservices.com...ased-taxation/
Countries that use residence-based taxation include Japan, Mexico, Canada, the UK, Australia, New Zealand, and most of the EU. A handful of other countries across Africa, Asia, and South America use similar systems.
#6
Best Place on Earth- LMAO
Joined: Dec 2004
Location: BC
Posts: 571
Re: Moving from Canada to uk tax issues
I don’t believe that is true. Canadians living abroad may be subject to taxes on income derived in Canada but not on worldwide income, unlike the USA and Eritrea who tax worldwide income no matter where you live.
https://www.greenbacktaxservices.com...ased-taxation/
https://www.greenbacktaxservices.com...ased-taxation/