Re: Tax Question -living abroad and tax free status

I wonder if anyone can help me with a question regarding tax and my

> status for this financial year. I plan on speaking to an accountant on > this matter in the near future, but a sounding out of people's > opinions will help.

Read the help sheets on the IR web site,

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I am a UK national with a permanent address in the UK, at which my > wife and children live.

Having accommodation hasn't been relevant since about 1994.

In November (10th) last year I left the UK to work in France. I never > registered for a carte de sejour or with the French authorities in any > respect.

Registration in France wouldn't affect the UK tax treatment, except if you would otherwise be taxed twice.

I have been told that should I remain out of the country until the end > of this financial year then I will be eligible for this year being > tax-free.

Well, sort of. You are still liable for investment income arising in the UK, but you get the normal allowance so unless you're very well off you won't owe any tax. You are also still liable for capital gains tax unless you're away for 5 years.

I have also been In fact I have spent 170 days in France.

As a concession they normally agree to start the non-residence from when you leave, so probably none of the income you had in France will be taxable (in the UK at least).

Can anyone help...provide any advice?

The IR residence leaflet is fairly helpful, you should be able to tell from that if you fulfill the rules unless there is something unusual about your case. IIRC the basic rules are that you have to be gone for at least a complete tax year, you have to average less than 90 days a year in the UK, and in any case less than 183 days in any one tax year.

Reply to
Stephen Burke
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Possibly. You will also need to look at the position in Bosnia. There may be a french group and a Bosnian group that can help you with this.

Reply to
Jonathan Bryce

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