Residence and Domicile
HMRC have published a detailed document featuring questions submitted by accountants, taxation advisers and members of the public. The answers to these questions have been prepared by HMRC’s experts based on their interpretation of the 2008 Finance Act.
The list of questions covers topics such as:
– Taxation on an arising basis
– Day counting
– Non-resident trusts
– The remittance basis and the £30k charge
– Bringing investment income to the UK
The full list of over 30 questions covers a wide range of questions and gives an interesting insight into HMRC’s thinking on the subject of residence and domicile.