Moving to the UK is an exciting step, especially if you’re starting a new job and earning a fresh income. But you’ll want to make sure you’re not being taxed twice — in the UK and back home. It’s easy for taxes to eat into your hard-earned money, and without the right guidance, you could end up paying more than you should.
We’ll connect you with a team of expat tax specialists who’ll help you avoid double taxation:
Identify taxable income in the UK
pensions, side gigs, etc. — to figure out which are taxable in the UK. By understanding exactly what’s subject to UK tax, you’ll avoid any unexpected tax liabilities down the line.
Maximise double taxation reliefs
The UK has double taxation agreements with 120+ countries. If your home country is on that list, your tax specialist will ensure you take full advantage of available reliefs and don’t pay tax twice — when you don’t have to.
Claim the Remittance Basis
Although the remittance basis of taxation has now been abolished, there is a transitional period in place for tax payers who were paying tax under the remittance basis before the date of abolishment. The remittance basis can also apply in cases of capital gains and trusts. Your tax expert will clarify if this applies to you and why, so you get the most out of everything it offers and enjoy great savings.
Filing necessary paperwork
A tax professional will help you complete all your tax forms filled out correctly and submitted on time. You’ll stay clear of costly penalties and not pay a penny more than you have to.
This includes submitting:
- Self Assessment Tax Return (SA100)
- Foreign Income Supplement (SA106)
- UK Residency Status Form (SA109)
- Additional Income Forms (SA102, SA103)
- Capital Gains Tax Form (SA108)
- Leaving the UK Form (P85)
Offer clear, simple tax advice
You don’t need anyone making your taxes more complicated than they already are. Your tax expert will break things down in simple, clear language so you know exactly what you owe (and what you don’t). They’ll also help you plan ahead so you can optimise your tax position in the future.
