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vorticity
Joined: 23 Aug 2010 Posts: 35 Location: The Eurasian Plate
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Posted: Tue Sep 28, 2010 12:45 am Post subject: Taxes - UK |
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A small query, if you will, in regards to UK taxation.
From my research, I understand that expats are not liable to be income-taxed if they are out of the country for a certain number of days, and if they're not considered 'resident'
Is there anything else to be aware of? And (excuse the somewhat 'freshy' question) does forwarding money to a UK bank account mean it's liable to be taxed?
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Never Ceased To Be Amazed

Joined: 22 Oct 2004 Posts: 3500 Location: Shhh...don't talk to me...I'm playin' dead...
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Posted: Tue Sep 28, 2010 1:18 am Post subject: |
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Um...you have the initials wrong...it's UC. And it stands from Union Carbide. Now, I understand that with the word "Union" incorporated into it's name, it can be confusing as "Corporations" do in fact, have unions.
But with 'Union" Carbide, this is a fallacy. The unions which represent the world-wide workforce of Union Carbide workers DO actually require that it's members hand over a part of their paychecks to the union leadership. These monies are used for things such a hall rentals, travel by union officials, refreshments at meetings and so forth.
However, these funds are not called "taxes" as taxes are only levied by soverign governements. Actually, the monies collected by unions are referred to as dues.
Now, what was yer question again?
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scot47

Joined: 10 Jan 2003 Posts: 15343
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Posted: Tue Sep 28, 2010 3:17 am Post subject: |
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In a TAX YEAR you can spend 91 days in the UK. If more, you might pay tax on global earnings. Remitting money does not make it taxable. |
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Never Ceased To Be Amazed

Joined: 22 Oct 2004 Posts: 3500 Location: Shhh...don't talk to me...I'm playin' dead...
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Posted: Tue Sep 28, 2010 3:58 am Post subject: |
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Ohhh... I just "googled" "UK". Whoda thunk...
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scot47

Joined: 10 Jan 2003 Posts: 15343
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Posted: Thu Sep 30, 2010 9:04 am Post subject: |
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You should remember that HMG is broke and those nice ConDems really need every penny that you can pay in taxes. They really want that replacement for Trident and to finish those vitally important aircraft carriers. |
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PC Parrot
Joined: 11 Dec 2009 Posts: 459 Location: Moral Police Station
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Posted: Thu Sep 30, 2010 11:37 am Post subject: |
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Hey cool it pal ..
Some of those aircraft carriers brought back Brits stranded by the volcanic ash ... |
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