Originally posted by DimPrawn
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Expatriation
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OK - we were doing so well but now I'm confused again. Is there someone I can pay to sort it - some kind of specialised accountant I guess?
BTW I am British, but have been mostly abroad for last 10 years. I didn't mind being resident in UK as it has / had quite a favorable tax regime, but I expect big tax rises across the board before too long and a general drift to "Scandanavian socialism" so guess it might be time "officialise" it.Bored.Comment
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Originally posted by expat View PostThat seems to me to be so, as you say. However, some would say that your example, of paying French taxes while using British public services, would not be the optimum arrangement
If you lived here, then you would not be resident in France and if your money was held outside of France (but not in the UK), then you would not pay tax on it anywhere.
A lot of people say/think "Well you've got to pay tax somewhere."
No you don't, many wealthy people (think friend of Phoney Blair http://en.wikipedia.org/wiki/Philip_Green) pay less tax than their cleaner.
You just need to clever accountants and tax advisers. Oh and bunging the Labour party a few quid now and then.
http://www.taxresearch.org.uk/Blog/2...tax-avoidance/Comment
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Originally posted by DimPrawn View PostJust because you are non-domiciled here (say you born in France or your father was) and you live here, does not mean you have to pay tax in France.
If you lived here, then you would not be resident in France and if your money was held outside of France (but not in the UK), then you would not pay tax on it anywhere.
A lot of people say/think "Well you've got to pay tax somewhere."
No you don't, many wealthy people (think friend of Phoney Blair http://en.wikipedia.org/wiki/Philip_Green) pay less tax than their cleaner.
You just need to clever accountants and tax advisers. Oh and bunging the Labour party a few quid now and then.
http://www.taxresearch.org.uk/Blog/2...tax-avoidance/
Have they made B**** a Lord yet?Comment
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Originally posted by ace00 View PostOK - we were doing so well but now I'm confused again. Is there someone I can pay to sort it - some kind of specialised accountant I guess?
BTW I am British, but have been mostly abroad for last 10 years. I didn't mind being resident in UK as it has / had quite a favorable tax regime, but I expect big tax rises across the board before too long and a general drift to "Scandanavian socialism" so guess it might be time "officialise" it.
Domicile is quite a different idea. As has been said, it is not necessarily where you are resident. It doesn't change just because you go and live and work somewhere else. Roughly speaking, it is where you intend to settle permanently; or where you or your parents were born if nothing else has changed your domicile away from that.
Income tax is normally paid according to a combination of:
1. place of residence,
2. place of earning the income.
The special point about domicile is that the above can be modified by it: specifically, if you are resident in the UK and earn in the UK but are not domiciled in the UK, you may not have to pay all the income tax to the UK that you would have to if you were domiciled here.Comment
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