Quizzes & Puzzles43 mins ago
UK tax liability
7 Answers
I am resident in Germany and have not had an address in the UK for several years. I visit very rarely, and am in the UK for less than two weeks in a year - much less normally.
If I do some work, all carried out in Germany, but sell it in the UK or elsewhere, and the money is paid in Sterling into a UK bank account, then (providing it is more than the odd tenner here and there) transfer it to my German account - where it will be liable for German tax - is the UK taxman going to want to get his greedy paws on any of my money? Any such money wouldn't stay in the UK long enough to earn interest on it.
If there is anyone out there who could answer this for me, I should be very grateful. Thanks.
If I do some work, all carried out in Germany, but sell it in the UK or elsewhere, and the money is paid in Sterling into a UK bank account, then (providing it is more than the odd tenner here and there) transfer it to my German account - where it will be liable for German tax - is the UK taxman going to want to get his greedy paws on any of my money? Any such money wouldn't stay in the UK long enough to earn interest on it.
If there is anyone out there who could answer this for me, I should be very grateful. Thanks.
Answers
Best Answer
No best answer has yet been selected by Bambiagain. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.I am not an expert, but as your are not resident in the UK for tax purposes, then your German tax liability is that of any earned income anywhere in the world and as you say when it is transferred from a UK bank account to a German bank account, it is nothing to do with the UK tax authorities.
Now whether you declare it in Germany is up to you.
Now whether you declare it in Germany is up to you.
Are you formally non-resident in the UK? Just not actually living here is not in itself qualification for non-resident tax status. If you are not formally non-resident then it will inevitably get very complicated. And on that note I bow out because you'd need specialist advice.
Even if you are non-resident there's enough grey about this that I don't believe it can be answered anywhere near as simply as sqad suggests. Which isn't to say he might not be right ultimately.
Even if you are non-resident there's enough grey about this that I don't believe it can be answered anywhere near as simply as sqad suggests. Which isn't to say he might not be right ultimately.
Skyline D - I am not sure how to answer that one! I have no address in the UK and have not lived or worked there for nearly five years. I have papers here to say that I am entitled to live here, although I do still hold UK citizenship. I have a residence here, am liable for tax here and am not entitled to a UK driving licence as I have no UK address. As far as I'm concerned I am not a UK resident, but I have nothing officially to say that I am not apart from the above-mentioned.
The following link to the HMRC web site should answer your questions:
http://www.hmrc.gov.u.../faqs_general.htm#2nr
http://www.hmrc.gov.u.../faqs_general.htm#2nr