Apply For A UK Tax Refund Think you overpaid tax? If you were in the wrong tax code for a long time, then it is highly likely that you paid too much tax. If you are unsure, ask. Don’t be one of those people who doesn’t claim a tax refund because of misconceptions. Some people […]
Tax tips for overseas workers Planning a working holiday in the UK, or perhaps even migrating over permanently. Here’s a few things you’ll need to know about the UK tax system. If you come to live in the UK, you would have to pay tax like anyone else. This is especially true if you will […]
How do cashed out pensions work? In the pension freedom reforms, you are allowed to make as many withdrawals as you want from your pension pot. For each withdrawal, 25% of the amount will be tax-free and 75% will be taxed like your income. This spares you from paying a huge amount of tax, because […]
How your tax is treated as a foreign worker in the UK construction industry depends on whether or not the Construction Industry Scheme (CIS) applies to you. If your income tax and National Insurance contributions are deducted through the PAYE system, then CIS is not applicable in your situation, which is actually a more convenient […]
Tax Tips For Seafarers If you work at sea outside the UK, you may be eligible for a tax relief through the Seafarer’s Earnings Deduction (SED). This unique piece of tax legislation provides you with an opportunity to claim 100% tax on your earnings abroad. Of course, you need to prove that you worked on […]
Image by PublicDomainPictures from Pixabay If you worked in Canada for a certain period and received remuneration, you may be eligible for a tax rebate that you can claim in the UK. Just make sure you have your T4 Slip or Statement of Remuneration Paid slip with you. Steps to claim a Canadian tax rebate […]
As a UK resident working in Ireland, your tax obligations depend on the number of days you spent in Ireland. It is important to know Ireland’s taxing rights, so you don’t overpay tax. Unders long standing Revenue Practice, you are not required to operate PAYE a stint in Ireland that is less than 30 days. […]
If you are a non-UK resident or someone moving abroad, there are several things you can do with your UK pension plan. Leave your pensions in the UK pension plan Transfer it to a Qualifying Recognised Overseas Pension Scheme (QROPS) Pay into a UK Pension Scheme from wherever you are overseas Among these options, the […]
In a nutshell, you have to pay tax on your UK pension, even if you’re not a UK resident, except for the State Pension, where non-residents are not obliged to pay UK tax. So, for example what happens if you are living in Germany with a UK pension? UK Citizens Living Abroad It is possible […]
Be productive during the summer season by working in the UK for first time travellers to the UK, it can be an opportunity to go on holiday and earn at the same time. Summer is one of the busiest times in England and the customer service Industries would love to have you on board their […]