if you do not submit a tax return you will be exposed to risk, if you submit an untruthful one you are committing a crime, they will assume that foreigners here are not living on food bank donations. Ask yourself whether you want to live under that cloud - if you are single easy to jump ship, those with family and commitments will need to consider non compliance very carefully.Comes down to personal choice, many will ignore and hope for the best. TIT
Yip got my tax ID last year very straightforward I have done a return for last two years as I earned interest on deposit account which had tax deducted at source - it was refunded as my income fell below threshold , under old rules - new regime next year, unclear at the moment how they will deal with DTA when tax years don’t match - my UK tax year is April-April - all will be revealed in Jan I guess
that’s correct, effectively income will be taxed here, or in your home country, not much different to other countries I have lived, with exception of Dubai.
we are not compelled to buy insurance for our Non OA as we arrived before it became necessary - but we kept our policies anyway, and with 4 years no claims we pay less than B40k a year with Pacific Cross….it’s reassuring to have it especially for major issues……