Her Majestys Revenue & Customs HMRC has been considering the interaction of the remittance basis of taxation with refunds of tax withheld from employment income under the U.K. withholding system Pay As You Earn PAYE. HMRCs long-standing practice in relation to Resident but Not Ordinary Resident RNOR employees has been to treat PAYE tax overpaid [...]Related posts:UKs Remittance Basis Rules Raise Questions Regarding Exchange RatesU.K.’s Remittance Basis, Exchange RatesU.S. IRS Issues Guidance on Creditability of U.K.s Remittance Basis Charge