Skip to main content

This is a new service – your feedback will help us to improve it.

  • Remitting funds to the UK

    I used to live in Australia for 1999 to 2010. I still have some shares there as I thought I would return to Australia. However, I am no longer planning on going back. I am thinking about selling the shares, sending the money to the UK and investing the money in stocks there. Will there be any tax due on the money that I am sending over? Tax has already been on the employment income that I used to buy the shares. And I have paid tax on the dividends in Australia. Any capital gains on the sales will be reported and paid for on my Australian tax return.
  • Digital Nomad - Where to pay taxes

    I am a UK citizen but I haven't lived in the UK for 12 years. So I am not a UK tax resident. I am going to become a digital nomad. I am going to be working online for a US company as I travel. Effectively, I will not have a tax residency. So where do I pay taxes? I'm wondering if I should declare myself as a UK tax resident. But can I do that if I don't live there? If I do, will I be be able to make use of things like ISAs and SIPPs? From reading other threads I expect people to tell me that I should be paying taxes in the countries that I am working from. In reality, this is not possible. It's going to be difficult to get a tax number for a country that I'm only in for a few weeks. What happens if I send money to the UK? I'm guessing remitting funds will make them taxable if tax hasn't been paid on those funds.