Tik Chan
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Split Year Treatment and Tax Residency for 2023/24
Hi, I hope you can help me with a query regarding my tax residency status and potential Split Year Treatment for the 2023/24 tax year. - I purchased a home in the UK on 27 January 2023. - I was present in the UK from 10 April to 25 April 2023. - I returned with my family and have been living in the UK from 1 August 2023 onwards for the rest of the tax year. Please can you clarify: 1. Is 1 August 2023 considered the start of the UK resident part of my split year? 2. How should I handle reporting income for the periods before and after becoming a UK resident? Thank you for your assistance.