Annie
28-11-07, 10:56 AM
Residential Status: Determine by the physical presence of an individual
Resident of UK: Liable to pay income tax on his entire income as per the rules
Conditions to determine residential status of an Individual
Condition 1: An individual who is physically present in the UK for at least 183 days during a tax year is deemed to be a resident in the UK for the whole of that tax year
Condition 2: An individual, who is present in the UK for an average of 91 days or more in a year, for four consecutive tax years, is deemed to be a resident in the UK
Ordinary residence
Ordinary residence generally requires habitual or usual residences in the UK
Someone can be resident without being ordinarily resident, and vice versa
Resident of UK: Liable to pay income tax on his entire income as per the rules
Conditions to determine residential status of an Individual
Condition 1: An individual who is physically present in the UK for at least 183 days during a tax year is deemed to be a resident in the UK for the whole of that tax year
Condition 2: An individual, who is present in the UK for an average of 91 days or more in a year, for four consecutive tax years, is deemed to be a resident in the UK
Ordinary residence
Ordinary residence generally requires habitual or usual residences in the UK
Someone can be resident without being ordinarily resident, and vice versa