Resident

Non-Resident (Tax Status)
The status of an individual who does not reside in a specific country for fiscal purposes, potentially affecting their tax obligations within that country.
Resident
A resident is an individual or company that is considered to be based in the UK for taxation purposes, determined by specific criteria set by HM Revenue and Customs (HMRC).

Accounting Terms Lexicon

Discover comprehensive accounting definitions and practical insights. Empowering students and professionals with clear and concise explanations for a better understanding of financial terms.