MUST WATCH IF MOVING OVERSEAS | The 5 Year Rule Explained aka Temporary Non-Residence Rules

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  • Опубліковано 30 вер 2023
  • Are you looking to relocate offshore to create freedom and slash your taxes? If so our Tax Smart Wealth Programme will ensure you do it the right way. We cover how to get set up offshore and ensure you do not fall foul of HMRC's rigorous rules. Book a call here to find out more - calendly.com/jsmcall/tsw
    If you're a UK based business owner looking to move overseas you must be mindful of the 5 year rule, also known as the temporary non-residence rules. Under these rules if you are non-resident for less than 5 years certain times of income and gains are brought back into account when you become UK resident again, most notably dividends from close companies and capital gains.

КОМЕНТАРІ • 3

  • @fourline
    @fourline 9 місяців тому +2

    Hi Josh, really great videos.
    If I were to become non-UK resident and receive tax-free dividends (or salaries) while residing in Dubai - am I obligated to pay taxes if I were to reinvest some of my dividends back in the UK?
    Would I need to retain my dividends in Dubai to avoid UK taxation ?

  • @Alfie-ld7zn
    @Alfie-ld7zn 23 дні тому

    Hi the links in the desc aren't working anymore

  • @inshapewithryan-onlinecoac4757
    @inshapewithryan-onlinecoac4757 4 місяці тому

    How does it work for some traders if going abroad to working as a digital nomad?