Horizons Unlimited - The HUBB

Horizons Unlimited - The HUBB (https://www.horizonsunlimited.com/hubb/)
-   Trip Paperwork (https://www.horizonsunlimited.com/hubb/trip-paperwork/)
-   -   Income Tax Status While Travelling (https://www.horizonsunlimited.com/hubb/trip-paperwork/income-tax-status-while-travelling-47612)

DarrenM 10 Jan 2010 19:45

Income Tax Status While Travelling
 
I am normally resident in the UK. Does anyone know if I would be liable for Income Tax while travelling.
I will receive income from renting my House and from some Savings.

Thanks.

mustaphapint 11 Jan 2010 17:24

Yes, officially. There may be ways round it but you could well end up looking over your shoulder for the next 6 years. Don't forget you have a tax allowance to use up before you pay any tax and you can probably offset any maintenance costs (and possibly mortgage interest) on your property while it's being rented. See an accountant if the income is likely to exceed your tax allowance.

britch 11 Jan 2010 19:17

I don't know if this still applies, but my mate is in the Navy, and he said that he didn't pat tax if he was out of the country for more than six months in a year, In fact he used to take holidays abroad during his leave if he hadn't done a full six months away, he even told me the the ship used to sail outside the uk limit to qualify for being abroad

He doesn't get this now though 'cos there's not enough money for fuel for the ships so he spends six months berthed in Scotland instead :(

maja 11 Jan 2010 21:47

Quote:

Originally Posted by britch (Post 271162)
I don't know if this still applies, but my mate is in the Navy, and he said that he didn't pat tax if he was out of the country for more than six months in a year, In fact he used to take holidays abroad during his leave if he hadn't done a full six months away, he even told me the the ship used to sail outside the uk limit to qualify for being abroad

He doesn't get this now though 'cos there's not enough money for fuel for the ships so he spends six months berthed in Scotland instead :(

I spent 35yrs in the military and a lot of that time was spent out of the UK and one of our big complaints was not the being abroad so much, after all that is (was) one of the reasons for joining up, but all of the civilian ex-pats and Merchant Navy guys that we would come across who did not pay tax despite using a Brit passport and expecting all of the perks that it gives. I now travel on the proceeds of renting my house out and despite getting my tax returns done by an accountant every year the customs and revenue lot still think I am trying to fiddle the books. This is because of the fiddling done by the Costa del Sol lot. As to your navy mate Brian, there is a military term for spinning a yarn which if he was RN he most certainly was. Ride safe.

DarrenM 12 Jan 2010 01:42

Thanks for the responses. I will give the tax office a call and let you know he outcome.


All times are GMT +1. The time now is 17:32.


vB.Sponsors