UK Non-dom and ILR/citizenship

Status
Not open for further replies.

dragodrago

New Member
Jan 8, 2020
45
0
161
By opting for remittance basis, you have to declare that you're non-dom, i.e. your permanent home is not in the UK.

However, when applying for indefinite leave or citizenship, you are required to declare that you intend to reside permanently in the UK.

Would this cause any problem as they are two contradicting statements to two different agencies?
 
dragodrago said:
By opting for remittance basis, you have to declare that you're non-dom, i.e. your permanent home is not in the UK.

However, when applying for indefinite leave or citizenship, you are required to declare that you intend to reside permanently in the UK.

Would this cause any problem as they are two contradicting statements to two different agencies?
Click to expand...
What if you intend to reside permanently in the UK after you become a citizen? Is that not a realistic scenario?
 
I'm not sure about the total requirements but you will be required to show bank statements and they will want to see day to day transaction in the UK. A long holiday is fine but you can not spend 2 consecutive years out of the country and also there is a minimum time period you must spend in the country over a 5 year period.
 
CaptK said:
I'm not sure about the total requirements but you will be required to show bank statements and they will want to see day to day transaction in the UK. A long holiday is fine but you can not spend 2 consecutive years out of the country and also there is a minimum time period you must spend in the country over a 5 year period.
Click to expand...
I understand the requirements of physical presence. I will also pay UK tax on my UK income.

By opting for non-dom remittance basis, I don't have to pay tax for non-UK income, but I need to declare that I don't live permanently in the UK.

What @KDX said makes sense, but I am wondering if there's anyone with actual experience with applying for ILR/citizenship while being non-dom for tax purposes. Or is it better to switch to arising basis the year before applying, etc.
 
dragodrago said:
By opting for remittance basis, you have to declare that you're non-dom, i.e. your permanent home is not in the UK.

However, when applying for indefinite leave or citizenship, you are required to declare that you intend to reside permanently in the UK.

Would this cause any problem as they are two contradicting statements to two different agencies?
Click to expand...

Ask the UK Chancellor(and potential future prime minister) Rishi Sunak who raised taxes on the public yet his own wife is taxed as a non-dom to avoid paying millions in UK taxes.

https://www.bbc.com/news/uk-politics-61034496

P.S Don't think UK cares about contradictions so do as you please mate. I tell you the British public are being taken for fools.

Toggle signature
Please note my posts should not be taken as financial or tax advice. Please seek professional advice in that respect.
 
Martin Everson said:
Ask the UK Chancellor(and potential future prime minister) Rishi Sunak who raised taxes on the public yet his own wife is taxed as a non-dom to avoid paying millions in UK taxes.

https://www.bbc.com/news/uk-politics-61034496

P.S Don't think UK cares about contradictions so do as you please mate. I tell you the British public are being taken for fools.
Click to expand...
So non-dom status combined with CFC exemption for under £500k a year, means I can operate under an offshore company and pay 0 tax, while living full time in the UK.

Am I missing anything? It seems too good to be true but I guess nothing is impossible these days.
 
I think there is a "charge" for non-dom residents after a few years.

If you are non-dom would the CFC rules still kick in?
 
Status
Not open for further replies.

JohnnyDoe.is is an uncensored discussion forum
focused on free speech,
independent thinking, and controversial ideas.
Everyone is responsible for their own words.

Quick Navigation

User Menu