A UK 'resident' for tax purposes is anyone, of any nationality, who spends more than half the year (strictly 183 days) in the UK for any reason - work is a common one.
By itself that would normally make them liable for UK income tax on their worldwide income. The anomaly, however, is that the same individual could simultaneously be 'non-UK domiciled' because their 'permanent legal home', as the tax rules put it, is not the UK.
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Inflation holds steady at 3.8% ahead of BoE meetingThe rate of inflation did not rise in August, but the Bank of England is still expected to keep interest rates on hold tomorrow
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Thousands of savers with £250k pensions take cash over tax-free money and IHT fearsWith a record £70 billion withdrawn from pensions in the year to March, experts are concerned savers are making knee-jerk decisions without advice that could affect their long term wealth
