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Going home tax question


SussexBear

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We are moving back in July and am wondering what happens about UK tax etc when we get back. We still have our P45's from our last jobs, but didn't know(until now!) that we should have fillled out a moving abroad form. Will this make any difference? Has anyone been through a similar situation?

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Guest cricketbackinengland

You don't need to worry. If you are self employed or obtaining an income from assets overseas, you just need to get an accountant. If you are going to get jobs, you will pay the normal rate of tax plus fill in a tax return. If you have accrued any kind of income from abroad that was liable for capital gains before the end of the financial year, you will need to declare it in a tax return. If you're not sure, just go and see an accountant when you get back.

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