BosnianBlue
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can't they just move their legal residence to Monaco as tennis players do
No. 90 days habitually in the UK or more and you’re a UK tax resident.can't they just move their legal residence to Monaco as tennis players do
Not even close.Think it around 2.5k more a year people will have to pay on earnings of 120k a week.
No. 90 days habitually in the UK or more and you’re a UK tax resident.
Not sure about this... Corbyn tax plans even if he were to get elected - would put the U.K. largely on a par with the rest of the EU. Worth remembering- as per the Times - only 1 of the 70 richest Britons - non of them footballers - pay their full tax dues in Britain.
No. Domicile has nothing to do with income tax residency.Overseas players could set up as non-domiciled though, couldn't they?
No. Domicile has nothing to do with income tax residency.
All our foreign players are non-Dom. They'd have to be here for 17 years to change their domicile to the UK anyway (whilst having cut all financial ties with their home country).
UK Income/CG Tax is down to ordinary tax residence. 90 days habitual UK residence whilst working and they are UK tax payers (on worldwide income).
But it’s UK income from a UK job and thus what you suggest is called tax evasion.They wouldn't have to pay tax on worldwide income though as a non-dom, only that which is paid or brought into the UK (assuming they choose to do it on a remittance basis).
No. 90 days habitually in the UK or more and you’re a UK tax resident.
Yeah that’s it.yeah, I know it' like that in most countries, but tennis players get around that. Guess because they don't really have a base and are on the trip all the time.