Details

  • Type: Publication series
  • Date: 6/28/2013

United Kingdom – Government Publishes Proposed Changes to SRT, Impacting Assignees 

KPMG LLP in the United Kingdom reports on recent proposed amendments published on 13 June 2013, impact the U.K.’s statutory residence test (SRT) in areas relevant for employers with an internationally mobile workforce. One area is the priority rules for determining when to split the tax year into U.K. and overseas parts. The split of the tax year is important because an individual is taxed as a resident during the U.K. part of the year and as a nonresident during the overseas part of the year (an individual is potentially taxable on worldwide income when resident, but a nonresident is only taxable on U.K. sources of income).
 

Subscribe

Subscribe to receive Flash International Executive Alert in your inbox


Subscribe now

Flash Alerts Region list

To view Flash Alerts by country, click on a region. In the country list on the right, click on a country name.

 

 

Flash Alert home

 

Global Mobility home