50% tax- rich expats lose out but you might gain.

Discussion in 'Finance, Property, Law' started by old_bloke, Jul 1, 2009.

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  1. From an article in the printed Sunday Times…


    As we all know as our military pensions are taxed at source so even if we are expats we get shafted.

    Well it seems that after the budget increase to 50% tax for rich people and the fact that these rich folks are playing the” Expat out of the UK for more than 90 days a year” I don’t need to pay card.

    HM customs are going to try do claw back cash from said rich folks.

    So if they or you have a UK club membership/home the a family member is residing in back in the UK, STRONG family ties (whatever that is?) or are a registered voter back in the UK then you could be classed as a UK resident.

    So what, well then you should be entitled to the UK Tax breaks like family living allowance or whatever its called as well as child allowance.

    Anybody know more about this?