Team JJ
Joined: 11/18/2024
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SRT: Third Automatic Overseas Test
1) I am unemployed since April 2023; 2) I have rental income from overseas property and tax (property and rental income) is paid on these rental income. These properties are in Asia. 3) I have been given the right to reside in UK in May 2024. I would not be staying in UK for more than 80 days before April 5, 2025. 4) My wife and chidlren are currently residing in UK, having moved to London over the last few months. It is not clear whether am I considered a tax resident in UK for 2024/2025 given that I am not working full-time overseas. I am living full time overseas. -
RE: Finance charge and property tax paid abroad
I have two overseas properties in different countries which I received rental income and pay taxes accordingly. My question is: 1) I was granted the right to reside in UK in May 2024. However, I am not going to reside in UK for more than 90 days before April 5, 2025; 2) I am retired and do not work full time overseas. 3) My wife and two young children are currently residing in UK in a rented apartment. Am I a tax resident? Do I need to file for tax for 2024/2025?