The enactment of the Finance Bill 2013 on 17 July 2013 heralded a new era for tax residence legislation, including as it did the much-anticipated new statutory residence test (SRT) which applies to individuals from 6 April 2013. This note summarises the mechanics of the SRT (as well as the other Finance Act 2013 changes to the tax residence rules) and highlights some practical issues in relation to the new legislation.
Read the article here.
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This publication is a general summary of the law. It should not replace legal advice tailored to your specific circumstances.
© Farrer & Co, August 2013