The Inland Revenue is to look into the payment of savings income to overseas residents in an effort ...
The Inland Revenue is to look into the payment of savings income to overseas residents in an effort to counter cross-border tax evasion. This would enable the UK to implement the European Directive on the Taxation of Savings, which allows for the automatic exchange of information between tax authorities. The rules are detailed in a dedicated section of the Inland Revenue website. Visit: www.inlandrevenue.gov.uk/esd/index.htm.
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