- Who is considered a UK tax resident?
Residency is determined by the Statutory Residence Test, which considers:
- Days spent in the UK
- Ties to the UK (e.g., family, accommodation, work)
- Past UK residency
Managing Tax Across Borders with Clarity and Confidence
Finanche Limited is a firm of Chartered Certified Accountants based in Reading, with a strong reputation for helping individuals and businesses manage the complexities of cross-border taxation.
We have significant experience working with international clients, including those from Hong Kong, India, and Eastern Europe, providing clear, practical advice on how to stay compliant and make the most of available tax reliefs.
Cross-border tax can be a minefield. Whether you’re moving to the UK, investing from abroad, or running a business that spans multiple countries, it’s essential to understand how different tax systems interact.
At Finanche Limited, we work closely with clients to navigate the UK’s tax rules while also considering the impact of foreign tax systems and international agreements.
What sets Finanche Limited apart is our ability to combine technical tax knowledge with real-world experience.
Our team understands not just the regulations, but also the personal and commercial pressures that come with managing finances across borders.
We take the time to understand your situation and deliver advice that’s straightforward, timely, and relevant.
Services We Offer
We help our clients understand how these treaties apply to their situation, ensuring that foreign income is taxed fairly and that all available exemptions or credits are claimed. This is particularly relevant for clients with income or assets in countries such as India or Hong Kong, where the correct application of treaty provisions can significantly reduce your tax burden.
We advise on this complex UK tax provision that applies when someone arrives in or leaves the UK part-way through a tax year. When applied correctly, it allows only the UK portion of your income to be taxed. We work with internationally mobile professionals and families to ensure it’s handled properly.
Whether you're a non-resident with UK income, a UK resident earning abroad, or planning an international move, we help structure your affairs efficiently and stay compliant with UK and international tax laws.
Whether you’re a non-resident with UK income, a UK resident earning abroad, or someone planning an international move, we can help you structure your affairs efficiently and avoid costly mistakes.
Based in Reading, we work with clients across the UK and internationally, offering specialist support in cross-border tax, double taxation issues, and HMRC compliance.
If you’re looking for accountants who understand international tax and genuinely care about getting it right, contact Finanche Limited today. We’re here to help you take the stress out of cross-border taxation and keep your finances on the right track.
Clear answers for global tax compliance — supporting your cross-border operations with expert clarity
Residency is determined by the Statutory Residence Test, which considers:
Yes. UK tax residents are generally taxed on their worldwide income, though non-domiciled individuals can sometimes use the remittance basis (only pay tax on foreign income brought into the UK).
It allows UK residents who are non-domiciled to pay UK tax only on foreign income and gains remitted (brought) into the UK. However:
A DTA is a treaty between the UK and another country to prevent the same income being taxed twice.
The UK offers Foreign Tax Credit Relief. You may offset foreign tax paid against your UK tax liability
Drop us a line, we’d love to hear from you.