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SET(O) GUIDANCE NOTES Version 06/2008 If you wish to apply for indefinite leave to remain in the United Kingdom (UK) for a purpose for which you must use form SET(O), please read these guidance notes
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The acronym FLRO stands for Foreign Land and Revenue Office. It is a form used to report foreign income and assets to the tax authorities.
Flro filing is required for individuals or entities who have foreign income sources and meet the reporting threshold set by the tax authorities.
To fill out the FLRO form, you need to provide information about your foreign income, assets, and financial accounts. This includes details such as income sources, financial institution names, account numbers, and balances.
The purpose of FLRO is to ensure compliance with tax regulations and to monitor foreign income and assets to prevent tax evasion and unlawful financial activities.
The information to be reported on FLRO includes details of foreign income sources, including types of income earned, country of origin, amounts received or credited, as well as information about financial accounts and assets held abroad.
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