Non Residence
Foreign Tax Credits
Non Residence
HMRC effective from 6 April 2013 introduced a Statutory Residence Test (SRT) that will affect all citizens working or living abroad. .
Seafarers
Foreign Tax Credits
Non Residence
A Seafarer is “someone who performs their employment duties on a ship”. Offshore installations, used in the oil and gas industry, are not ships and workers on mobile offshore drilling units, semi-submersibles and jack-up rigs are not “seafarers” and are not entitled to the deduction.
Foreign Tax Credits
Foreign Tax Credits
HMRC Tax Return Enquiries
UK Residents working overseas can claim credit for tax paid overseas to offset UK tax liability arising on the overseas income, provided original documentation to support this is obtained from the employer and/or overseas tax authority. In addition, a schedule of the number of days spent in each country for which FTCR is being claimed, in each calendar year, will be required.
HMRC Tax Return Enquiries
HMRC Tax Return Enquiries
HMRC Tax Return Enquiries
The majority of individuals who file annual Self Assessment Tax Returns are likely at some stage to be subject to an in-depth enquiry into Tax Return entries. This is a fact and whereas such enquiries should not be an annual event, some individuals may be selected more than once!