“ As a regulated bank, by law we need you to confirm your tax residency annually.
“Tax residency” means you need to pay tax in another country, usually based on how much time you spend there.
Please can you do this as soon as possible? You can do this in the app in a few taps.”
It’s unclear : why do they say that “tax residency means you need to pay tax in ANOTHER country, usually based on how much time you spend there”??
Is this a scam ?
I live in the Uk - I don’t understand Monzo’s definition and it’s creating confusion
I read they started sendin’ these emails last week.
However I found it to be weirdly phrased and that raised my anxiety.
Cuz I’m pretty sure that TR usually refers to the Country where u spent 184 days in a year.
This is the definition used by most providers,
Not “ another country usually based on how much time you spent there”.
That’s a deeplink which will open the Monzo app at a specific point. Deeplinks don’t generally open using a browser to inspect, but you can paste into a Slack post and tap on it from there to open it.
In this case, it starts the Tax Residency Confirmation flow which really is a confirmation:
Can someone help? I received the same email asking me to confirm my tax residency.
I opened the email on both an iPhone and an Android, but the blue button does not work on either - it is “unclickable”!!
Please advise…
In the meantime, I did, thank you, by searching on the app for “Tax residency” topic and getting to the right part of the app step by step. But yes, that link in the blue rectangle in the email is still dead.