Statutory Residency Test (SRT) was introduced by HMRC on 6 April 2013 to determine the residency status of an individual for income tax and capital gains tax purposes. The SRT determines whether an individual is resident in the UK for a tax year. It considers both the amount of time the individual spends in the UK and the other connections they have with the UK such as family, accommodation, work etc.
The above SRT rules are very complex and therefore it is advisable to get professional advice before making any decision about your residency status.
If you need any help or advice in relation to the above issues, please get in touch.
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