UK Repatriation Service For Expats

The SRT is a set of rules used to determine an individual’s tax residency status in the UK.

It considers various factors such as the number of days spent in the UK, work ties, and connections to the country.

Our advisers can help you understand and apply the SRT to your situation.

The SRT is a reliable starting point for understanding your tax residency, but its application is not always black and white due to individual circumstances and case law interpretations.

It’s a reliable tool, but to ensure you’re getting the most accurate assessment, professional advice is crucial.

At Titan Wealth International, we have a panel of experienced lawyers to provide you with the best possible tax opinion, taking into account all the nuances of your specific situation.

A common misconception is that the SRT is a simple day-counting exercise.

In reality, it considers various connection factors and tie-breaker tests, which can make the determination of residency status far more complex than just the number of days spent in the UK.

Yes, business trips to the UK can influence your residency status.

Workdays are factored into the SRT, and even a small number of days worked in the UK can tip the balance when combined with other connections you may have with the country.

Having homes in both the UK and abroad can complicate your residency status. The SRT looks closely at the location and usage of your homes when determining your tax residency, particularly under the ‘automatic residence’ and ‘sufficient ties’ tests.

Family ties are an important part of the SRT’s ‘sufficient ties test’. If your spouse, civil partner, or minor children are UK residents, this could affect your own residency status, especially if you spend a significant number of days in the UK.

If your residency status is unclear or if you have borderline cases, it’s crucial to seek professional advice.

An adviser can help you interpret the SRT in light of your specific circumstances, potentially engaging with HMRC to seek clarity or resolve disputes.

Yes, you can still be considered a UK resident even if you spend less than 183 days in the country, depending on your connections to the UK, such as family, accommodation, work, and the number of days spent in the UK in previous tax years.

Efficient tax management involves understanding your residency status, leveraging tax treaties, and structuring your finances to make use of UK tax allowances and reliefs.

We offer personalised advice to create a tax-efficient strategy for your repatriation.

Yes, you can maintain offshore investments, but they may be subject to UK tax laws upon your return.

Strategic planning is required to optimise the tax treatment of these investments, which we can assist with as part of your repatriation plan.

Non-domiciled individuals may be subject to UK tax on their worldwide income and gains after becoming UK residents.

Special rules, such as the remittance basis of taxation, may apply. We can clarify these rules and help plan your move to minimise tax exposure.

Split Year Treatment can apply if you either leave the UK to live abroad or move to the UK partway through a tax year.

It splits the tax year into a UK part and an overseas part, potentially reducing your UK tax liability for that year.

You should keep detailed records of your days spent in and out of the UK, proof of residence, work contracts, and financial records related to income, gains, and taxes paid abroad.

These records are vital for determining your tax residency status and for any discussions with HMRC.

It’s best to start planning at least 18 months in advance of your intended move.

Early planning allows more opportunities for tax planning and ensures that your financial affairs are in order, providing a smooth transition back to the UK.