Statutory Residence Test (SRT)
May 16, 2023
Statutory Residence Test (SRT) determines an individual’s residency status in the UK for tax purposes during a tax year. It consists of three tests that
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Accounts, tax returns, VAT, payroll, and bookkeeping are just some of the services that Peer Accountants provides. So peer Accountants is your one-stop shop for all things accounting-related. But, on the other hand, when it comes to the approach in which we provide our accounting service, we have altogether broken the pattern. When we established our business in Birmingham, we ‘googled’ the top things people hated about accounting consultants—too stuffy, too traditional, full of terminology, too overpriced, doesn’t look to the future—and we decided it our aim to be the opposite.
Because of this, our clients tell us that we are warm, welcoming, and straightforward to understand. In the most recent study, 89% of clients responded that they were “delighted” with our service, and 83% of respondents evaluated the value we offered as “great.” Even if we only communicate with a client once or twice per year, we make it a point to cultivate a solid working connection with them. This is something we do at Peer Accountants. Therefore, whether you are merely filling out a tax return to report rental revenue from one property or you have a Limited Company with all the trimmings, we will have a package tailored to meet your requirements.
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Statutory Residence Test (SRT) determines an individual’s residency status in the UK for tax purposes during a tax year. It consists of three tests that
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