Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello, I am one of the experts on Just Answer, and pleased to be able to help you with your question.
When you left the UK did you send a Form P85 to your tax office?
Well, remember to date the P85 for your original departure date. On receipt. HMRC will classify you as non resident.
If you start a business in the UK and run it from outside the UK it will still be chargeable to UK Income Tax (IT). If you operate it through a corporate structure then it will be taxed under the UK Corporation Tax (CT) regime at 19%.
I do hope that you have found my reply of assistance.
P85s are often filed years after the individual has left as so many people do not know about it. When you eventually return to the UK just advise HMRC by letter of your arrival.
No, just your UK income. As a citizen of an EEA country, you have a Personal Allowance (PA), currently 11.5K, to offset this income.
Please be so kind as to rate me before you leave the Just Answer site.
Thank you for your support.