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Old 25-02-2006, 06:37
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Sirgezza Sirgezza is offline
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Join Date: Feb 2005
Location: UK
Posts: 3,816
Quote:
Originally Posted by Coolhand
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!

This is not what I wanted to hear

What is the point of an offshore account then? Is it only of use for people who do not live in the UK?
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