British expats and non-residents stuck in the UK due to COVID-19 lockdowns worldwide may be hit by a major unexpected and heavy tax bills, UK accountancy firm UHY Hacker Young has warned.
UHY Hacker Young explained that if non-residents breach the maximum number of days they are allowed to spend in the UK to retain their non-resident status, HMRC could start charging them UK tax on all their worldwide income.
The Government is advising those in the UK against all foreign travel due to the COVID-19. A growing number of countries globally are also closing their borders, including the US, Italy, Spa...