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I have husband and wife clients who are fed up with the British weather!
They are the directors and equal shareholders of a limited company which carries on its trade in the UK and which generates an annual net profit of £100 000.
They normally have a salary of £5 000 p.a. each and draw the rest in dividends.
If they moved to the south of France in March 2009 and visited the UK for a few days twice a month (and for less than a total of 90 days each year) this would presumably make them non resident in the UK for 2009-10. Their plan is that they would largely run the business by phone and Internet from their house in Nice backed up with these twice monthly visits.
Am I right to state that there will be no UK tax liability in excess of the basic...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
