Are you resident in the UK?

An article titled "Are you resident in the UK?" by Jonathan Colclough was published in October 2014 edition of the South African magazine "Without Prejudice". 

Does it matter?

Whether you are resident in the UK is important in determining the extent to which you are liable to UK tax. Broadly, a non-UK resident individual is only subject to tax on his UK source income and has no liability, at present, to UK Capital Gains Tax (although this is changing for residential property in the UK). In contrast, a UK resident is potentially liable to UK tax on his worldwide income and capital gains.

Please click on the attached pdf to read the full article.