If you are UK resident and receive income from abroad, such as overseas wages, rent, or investments, you may need to pay UK Income Tax and report it through Self-Assessment. Income Tax is generally
Category: Overseas personal tax issues
Issues arising from overseas income, assets or activities.
What is a FIG?
From 6 April 2025, non-doms face a major shift as the remittance basis is replaced by the Foreign Income and Gains (FIG) regime, now determined by UK tax residence, not domicile. Reporting obligations
Changes to tax status of non-UK domiciles
From 6 April 2025, the remittance basis for non-doms is abolished. A new UK tax regime now applies to non-domiciled individuals, focused solely on residence. New arrivals can benefit from a 4-year
Budget confirms change in non-dom tax status
It was confirmed as part of the Autumn Budget measures that changes announced by the previous government at the Spring Budget earlier this year will proceed almost entirely as initially announced.
New residence-based relief for non-doms
A reminder that the government has stated that it will remove preferential tax treatment based on domicile status for all new foreign income and gains (FIG) that arise from 6 April 2025. To replace
Guide to overseas workday relief in the UK
A Guide to Overseas Workday Relief in the UK Navigating tax regulations can be daunting, especially when dealing with income from overseas work. If you're a UK resident or a non-UK domiciled individual,-Overseas Workday Relief-(OWR) can significantly reduce your UK tax liability on earnings from work done abroad. This relief allows you to claim tax … Continue reading Guide to overseas workday relief in the UK
Double Taxation: How to Claim Relief for Foreign Income
Double Taxation: How to Claim Relief for Foreign Income If you earn income from a foreign source, you may find yourself in a situation where you're taxed twice - both by the country where your income originates and by the UK. However, the good news is that you can often claim tax relief to recover … Continue reading Double Taxation: How to Claim Relief for Foreign Income
Understanding double tax treaties in the UK
Understanding double tax treaties in the UK Double tax treaties, also known as double taxation agreements, play a vital role in facilitating international trade and investment by preventing double taxation. These agreements are designed to provide relief and clarity to taxpayers operating across borders. In this blog post, we will explore the concept of double … Continue reading Understanding double tax treaties in the UK
Worldwide Disclosure Facility tackles tax avoidance
If you have offshore tax issues, the Worldwide Disclosure Facility (WDF) may be the solution for you. Launched in 2016, this program allows taxpayers to come forward and disclose their tax liabilities to HM Revenue & Customs (HMRC) without fear of criminal prosecution. In this article, we will discuss the key benefits of the WDF, … Continue reading Worldwide Disclosure Facility tackles tax avoidance
Do I pay UK tax on foreign income?
Figuring out whether you need to pay tax on income earned outside of the UK depends on whether HMRC classifies you as a -UK Resident-.If you are not classed as a UK Resident, you will not pay tax on your foreign income. UK Residents will pay UK tax on all of their income, no matter … Continue reading Do I pay UK tax on foreign income?
HMRC Worldwide Disclosure Facility (WDF) for Dummies
Find out what the Worldwide Disclosure Facility is all about and what to do if they contact you first
CGT - share exchange
One of the more -niche- measures introduced as part of the Autumn Statement measures related to Capital Gains Tax: Share for Share Exchange.
This is intended to stop UK tax being avoided by non-UK
UK residence and tax
UK Income Tax is generally payable on taxable income received by individuals including earnings from employment, earnings from self-employment, pensions income, interest on most savings, dividend