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When is the 'best' time to leave the UK (tax purposes)


oldgit72

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I am a little out of date with some of my knowledge, ErnieY had to put me right recently.

I think I am right in saying for tax purposses you have to be out of the country for the entire tax year nowdays, so leaving before the start of a new tax year would be advisable.

Probably best to check on the .gov.uk website for the inland revenue information.

 

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[quote user="teapot"]

I am a little out of date with some of my knowledge, ErnieY had to put me right recently.

I think I am right in saying for tax purposses you have to be out of the country for the entire tax year nowdays, so leaving before the start of a new tax year would be advisable.

Probably best to check on the .gov.uk website for the inland revenue information.

 

[/quote]

Hi,

 The "best" time for declaring the move (on Form P85), is around August, that way you have full UK allowances to cover income from April to August (which should provide a refund), and in France you have the equivalent of a full years allowances to cover income from August to December, probably ensuring that no tax is due.

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