Re: CH tax treatment of UK tax-free savings
Hi, Sbrinz, thanks for the reply.
Believe in the obligation to declare accurately on my tax return.
Official guidance from HMRC in the UK is as follows:
Q. What happens if I go abroad?
A. You can only open an ISA if you are resident and ordinarily resident in the UK for tax purposes. If you start an ISA in the UK and then go abroad, you cannot continue putting money into the ISA (unless you are a Crown employee working overseas or the spouse or civil partner of a Crown employee working overseas). However, you can keep your ISA and you will still get tax relief on investments held in the ISA. When you return, you can start putting money in again (subject to the normal annual limits).