Results 1 to 2 of 2

 

Thread: Have been abroad for a year - Do i have to pay tax??

  1. #1
    Registered User

    Status
    Offline
    Join Date
    Dec 2007
    Posts
    122
    Thanks
    14
    Thanked 9 Times in 9 Posts


    Ok, I have been to a couple of accountants and have yet to get a definite answer, so I wonder if anyone else has been in the same situation as myself and can give me some advice..

    I went to south america in march 2007 and returned to the UK in June 2008. While in south america I was entering countries on tourist visas and not taking residency anywhere. My affiliate earnings gets paid into my UK bank account. I have been renting out my house while i was away.

    Do I have to submit a tax return for 2007-2008? Will I have to pay any tax for this period?

    Cheers

  2. #2
    Registered User

    Status
    Offline
    Join Date
    Feb 2006
    Location
    Gillingham
    Posts
    510
    Thanks
    0
    Thanked 4 Times in 1 Post
    The only things certain in life are death and taxes.
    Yes you are liable to pay tax. The question you should be asking is to whom.

    For tax purposes "residence" ordinary residence" and "domicile" are different things for tax purposes .

    This leaflet may help http://www.hmrc.gov.uk/pdfs/ir20.pdf
    They came for my 404 and I said nothing



Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Top 10 Pay Go Mobiles- Free Next Day Delivery Up To 12pm 21st December
    By James@AW in forum Affiliate Window & buy.at
    Replies: 0
    Last Post: 14-12-07, 05:06 PM
  2. Businesses 'pay too much tax'
    By zaq in forum Affiliate Marketing Lounge
    Replies: 2
    Last Post: 13-10-03, 08:30 PM
  3. Tax exile?
    By wibble99 in forum Everything Financial : Funding, VAT, Taxation, Startups
    Replies: 0
    Last Post: 13-10-03, 03:19 PM
  4. Tax and Legal Stuff?????
    By Barry in forum Everything Financial : Funding, VAT, Taxation, Startups
    Replies: 4
    Last Post: 23-09-03, 10:29 PM
  5. Soletrader and Tax help??
    By Wesley in forum Affiliate Marketing Lounge
    Replies: 5
    Last Post: 25-07-03, 09:55 PM

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •  
To Top

Content Relevant URLs by vBSEO 3.5.0 RC2