ARTICLE · 20 JULY 2015

Split Year Treatment Under The Statutory Residence Test

UHY Hacker Young LLP

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This document sets out to summarise the split year treatment of the Statutory Residence Test. The full SRT legislation is complex and detailed, occupying 24 pages of Finance Act 2013.

United KingdomTax

UHY Hacker Young LLP

This document sets out to summarise the split year treatment of the Statutory Residence Test (SRT). The full SRT legislation is complex and detailed, occupying 24 pages of Finance Act 2013. The below is a summary of key points intended to provide general guidance and should be read in conjunction with our 'Statutory Residence Test' summary sheet. However, we would strongly recommend that you obtain detailed advice from UHY on your individual circumstances.

The existing SRT concessions are to be put on a more comprehensive statutory basis for those who leave or come to the UK part-way through a tax year. The split will occur as follows:

a UK part for which they are charged to UK tax as a UK resident; and

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