Wragge Lawrence Graham & Co

UK 200 2014 position: 28

Categories:Tax,UK

The Statutory Residence Test — a reminder

By Alastair Glover

If you are regarded as a non-UK resident, you will not have to pay UK income tax on non-UK source income or capital gains tax on both UK and non-UK assets.

Since April 2013, residence is determined solely by the Statutory Residence Test (SRT). Those returning to the UK for extended periods over the year should be familiar with the rules to ensure that they do not inadvertently become UK resident with the negative tax consequences this entails.

The test works in the following order of priority…

Click on the link below to read the rest of the Wragge Lawrence Graham & Co briefing.

Sign in or Register to continue reading this article

Sign in

Register

It's quick, easy and free!

It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.

Register now

Why register to The Lawyer

 

Industry insight

In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.

 

Market intelligence

Identify the major players and business opportunities within a particular region through our series of free, special reports.

 

Email newsletters

Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.

More relevant to you

To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.

Briefings from Wragge Lawrence Graham & Co

View more briefings from Wragge Lawrence Graham & Co

Analysis from The Lawyer

  • Paul Wilson

    Regional: attempted merger

    Alliances, failed and successful, are the story of the year outside London

  • Belinda Bradberry

    Interior designs

    Polish up your retention policy - private practice lawyers are increasingly eyeing in-house roles

View more analysis from The Lawyer

Overview

2 Snowhill
Birmingham
B4 6WR
UK
http://www.wragge-law.com/

Turnover (£m): 121.16
No. of lawyers: 440