How to do the splits: FA 2013
In an article recently published in Private Client Business (Issue 5, 2014) Partner Emma-Jane Weider, Senior Associate Fiona Poole and Associate Claire Roberts consider a quirk of English tax law which is that, in the absence of specific rules, an individual is either UK tax resident or non UK tax resident for an entire tax year.
The article considers the benefits and difficulties of relying on split year treatment to mitigate the rigours of the UK tax system for individuals arriving in or leaving the UK part way through a tax year.
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