HMRC will allow special treatment to be given to expats that face risking their non-residence tax status through being stuck in the UK longer than anticipated. British expatriates and non-residents who are stranded in the UK because of coronavirus travel restrictions could face unexpected tax bills over tax residence rules. The tax office has now declared that people who face impairing their non-residence tax status through having to stay in the UK longer than planned could apply for special treatment under "exceptional circumstances" regulations. Many countries have issued travel...
To continue reading this article...
Join International Investment
Join International Investment today
Unlock members-only benefits:
- Unlimited access to real-time news, industry insights, video features and market intelligence
- Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
- Receive breaking news stories straight to your inbox in the daily newsletters
- Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
- Members-only access to the Editor’s weekly news roundup newsletter
- Members-only access to analysis via our exclusive industry polls
- Be the first to hear about our events and awards programmes