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Originally Posted by gez
I thought that people who were ordinarily resident in the UK only paid tax on on interest that was REMITTED to the UK. If I was to withdraw the interest whilst in LOS, it should be tax free.
Where does the deduction go to? EU or UK coffers? B@stards.  |
No you are UK resident (unless you spend less than 6 months in UK) so you pay tax on worldwide income.
If you spend more than 3 months in the UK you are not resident, but ordinarily resident and it gets confusing!