They are also subject to tax on the capital gains of the branch or agency. Rents and other income from UK real property. As a rule a UK resident taxpayer receives a simple credit against the UK tax due on the actual income or gain on which the foreign tax was paid. The authorities regard an individual as a regular visitor if during the previous four tax years his or her visits have amounted to 91 days or more per year on average. They come to work here with intention of staying two or more years.
Special rules determine the residence of trustees and executors.
3.Taxation of Chargeable Gains Act 1992, sec. Note that in the highly unusual case that a person although not UK resident is ordinarily resident here, he will remain subject to capital gains tax on his world-wide capital gains. Finance Act 1995, sec. 5.Finance Act 1995, sec. 128Income and Corporation Taxes Act 1988, sec.