Many people returning to the UK assume that overseas assets are only relevant to HMRC if income is actively being generated. In practice, the position is often far more complex. HMRC may expect disclosure of overseas assets even where: From our experience, many returning expats only begin reviewing these issues after receiving HMRC correspondence or… Continue reading HMRC and Overseas Assets — What Returning Expats Often Miss
Returning to the UK after living abroad often creates unexpected tax questions. Many individuals assume that once they move back, their overseas tax position simply ends and UK tax starts again automatically. In practice, the rules are usually far more complex. The position may depend on: From our experience, many returning residents only discover potential… Continue reading Returning to the UK After Living Abroad — What Tax Do You Owe?
