Split Year Document For Free

For example, if you come to the UK on 1 July 2023 and you are eligible for split-year treatment from that date, your residence position for the purposes of calculating your income tax liability in 2023/24 will be as follows: you will be taxed as a non-resident for the period from 6 April 2023 to 30 June 2023 and you ...

Who can have split-year treatment? you start to work full-time in the UK; you start to have a home in the UK only; you cease full-time work overseas and return to the UK; you are the partner of someone who stops full-time work overseas and returns to the UK;

Split Year Treatment Rules ? The 8 Cases Case 1: Starting to work overseas. Case 2: Accompanying a partner overseas. Case 3: Ceasing to have a home in the UK. Case 4: Starting to have an ?only home? in the UK. Case 5: Starting full-time work in the UK. Case 6: Coming to the UK after ceasing full-time work abroad.

With split year treatment, you are taxed as a UK resident only for the part of the tax year when you live in the UK. This means you'll not have to pay UK tax on your income when you are a non-resident and earning money outside the UK.

When you move in or out of the UK, the tax year is usually split into 2 ? a non-resident part and a resident part. This means you only pay UK tax on foreign income based on the time you were living here. This is called split-year treatment.

If a person satisfies one of these Cases, then split-year treatment will apply; there is no choice in the matter if this happens, i.e. an individual cannot choose whether or not split-year treatment applies if the conditions for a Case are satisfied.

If you are leaving the UK to work full-time abroad, you can apply split year treatment if you pass the AOT full-time working abroad test. The treatment will then apply for the tax year in which you leave the UK provided that: You were a UK resident during the previous tax year.