HMRC has published an updated manual providing guidance to its officers on how to assess the residence position of individuals for tax purposes and evaluate applications under the FIG (Foreign Income and Gains) regime. The manual serves as an internal reference document to ensure consistent interpretation and application of residency rules and FIG regime eligibility across HMRC departments. This guidance affects businesses and individuals seeking clarification on how their residence status will be determined and how the FIG regime may apply to their tax liabilities.
Source: HMRC (GOV.UK) – Read the original