Overseas tax issues Articles

Need proof of UK tax residence?

Need proof of UK tax residence? Need proof of UK tax residence? HMRC has updated its guidance to help you apply. The guidance covers both individuals and organisations. Specifically, it explains how to apply for a certificate of residence or a letter of confirmation. As a result, taxpayers and their advisers should now find the process clearer.   What is a certificate of residence? A...

Benefit payrolling rules clarified for overseas employees

Benefit payrolling rules clarified for overseas employees HMRC has confirmed how employers should handle benefits in kind for globally mobile staff. The clarification arrives ahead of mandatory payrolling, which begins in April 2027. In short, benefit payrolling rules clarified for overseas employees now give businesses a welcome choice.   What is changing from April 2027 Currently, many...

Are you paying unnecessary tax on foreign income?

Are you paying unnecessary tax on foreign income? Do you receive income from overseas? If so, you may not always understand the rules. Indeed, many UK taxpayers miss out or overpay. So, are you paying unnecessary tax on foreign income? Let us explain how the rules actually work.   What counts as foreign income Firstly, let us define the term clearly. Essentially, foreign income means any...

Tax to pay when you get a pension

You may have to pay Income Tax on your pension if your total annual taxable income exceeds your Personal Allowance....

Paying the 2025-26 Child Benefit tax charge

Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it...

New tax return requirements for company directors

Company directors who complete a self-assessment tax return should be aware of new mandatory reporting requirements that came into effect...

Business confidence rises but is it time to invest?

UK business confidence is rising, but only 17% of businesses plan to increase investment in the next three months. Here,...

Late payments: Is your business at risk?

60% of UK SMEs say customers take longer to pay than a year ago, and the average amount owed is...

Corporation tax receipts pass £100 billion

HMRC’s latest statistics show that receipts from corporate taxes passed £100 billion for the first time in 2025-26. Here, we...

New customs system for Northern Ireland trade

From 20 October 2026, businesses moving goods between Great Britain and Northern Ireland must use the new TSS platform. Here,...

Reporting property gains

If you sell a UK residential property, you usually need to report and pay any Capital Gains Tax within 60...

Capital allowances restricted for project development costs

A recent Supreme Court decision means capital allowances will probably be restricted for some predevelopment costs. Here, we explain the...
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