Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hello, I am on of the experts on Just answer and pleased to be able to help you with your question.
When you left the UK 14 years ago did you send a Form P85 to the Inland Revenue as it was then?
It could be a massive problem if you did not do a P85 with some twerp in HMRC leaping up and down trying to tax you on your overseas income and also apply penalties for not making tax returns. Solution, belt and braces so to speak, send one in now telling HMRC of your original departure date. Fortunately, there is no time limit on its submission, it is available on the web and can be filed on line. On receipt HMRC will classify you as non resident.
When you return to Blighty tell HMRC of the fact by letter. You will then be classified as resident for the tax year following your date of return and, furthermore, the tax tear of your return will be split into two portions, one non resident and the other resident. Thus your overseas income will be outside the scope of UK taxation as you were non resident