HMRC guidance on COVID-19 tax residence day count
For individuals reliant on a careful day count to avoid becoming UK tax resident, the COVID-19 outbreak and its subsequent limitations on travel could prove costly.
As outlined in our earlier Spear's blog article, Covid-19: Beware the unexpected tax costs of self-isolation, self-isolation and travel restrictions could be problematic for those who rely on a careful day count to avoid becoming UK tax resident under any of the three tests set out in the Statutory Residence Test (the SRT).
As of 19 March, HMRC have now published updated guidance on what constitutes 'exceptional circumstances' during the pandemic for the purposes of satisfying the day count.
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