Working Overseas

In working out your tax liability, residency applies to both you personally and your company.

The location of your domicile is important if you are UK resident and not domiciled in the UK and have overseas income.

‘Domicile’ is a legal word generally used to define the place where you have your permanent home. It is therefore used more to define your long-term habitation, as opposed to your residency, which is more short-term.

The UK taxes its residents on their worldwide income and gains, so your ‘tax residence’ is critical in determining how much UK tax you must pay.