Leaving The UK - Tax Rebate When Changing Residence
Leaving The UK - Tax Rebate When Changing Residence
Whenever someone hears of tax rebate, the first question that he or she asks himself is whether the tax rebate is applicable to him or her. For this particular reason, it is important for you to note that when it comes to getting a tax rebate when leaving the United Kingdom, not everyone is eligible. A lot will depend on the dates of your leaving, the amount of taxes that you have already paid, and whether you will be leaving the UK permanently or temporarily among other things. In this article, I shall be looking at the issue of residency in determining your eligibility for a tax rebate.
Of all the things that will determine your eligibility for a tax refund, few are as important and as delicate as the issue of residency. Your eligibility for a tax refund will depend on whether or not you will be come a non-resident once you have left the country. For you to qualify that you will be a non-resident, you must show that you are leaving United Kingdom for good. At other times however, you may not be so sure that you are leaving the UK permanently, but you may be able to tell that you intend to stay outside the UK for at least three years after which you may come back. If this is the case, then you need to inform the tax office about the same.
About non-residency and leaving the UK, you also need to understand that for you to qualify to be a non-resident, you should not visit the UK for more than 183 days in a given tax year. If you exceed this number of days, you will be a resident and you will be required to pay taxes. Again, the maximum average number of days that you should spend in the United Kingdom over a period of four tax years should not in any way exceed 91 days. This means that you should not spend a total of more than 364 days in a four tax year period and not more than 183 days in any given tax year.
Once you have determined that you are leaving the UK and that you will no longer be resident, you can then fill the form p85 which will help you in determining whether you are due for tax refund. The main source of your tax rebate (if any) will come from the fact that the government usually allows the tax payers a tax-free allowance. It is from the unutilized tax free allowance of the year where you are now able to get your tax rebate.
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