Individuals Leaving or Arriving in the UK
If you are leaving or arriving in the UK you will be required to complete certain forms and send them to HMRC. These forms allow HMRC to provisionally determine your UK Resident Tax Status.
Tax Advantage will complete the required forms for you and will submit them to HMRC. The fee for this service is £60.
Should HMRC require that you complete a Tax Return we can also provide this service to you and a fee for this will be agreed in advance.
Arriving in the UK Tax For any foreign Nationals arriving in the UK you will need to complete HMRC from P86, this form is used to inform HMRC of your presence in the UK and for them to determine your resident tax status. Depending on how long you have come to the UK for and on what basis there may some expenses that will be allowed against income for UK tax purposes. If you arrive in the UK and spend more than 183 days here during the tax year (6th April to 5th April)then you will be considered UK resident.…
Leaving the UK Tax If you are leaving the UK on a working contract there are a few things you need to consider which could save you money. If you go to live or work abroad and become non-resident in the UK, you might still have to pay UK Income Tax - but only on your income from the UK. If you do need to pay, you may need to complete a Self Assessment tax return. For HMRC to grant provisional ‘Non-Resident’ status to anyone who leaves the UK to take up a permanent full time working contract overseas you…
Non-Residents If you are not resident in the UK but you are still required to complete a UK Tax Return we can provide this service for you. Tax Advantage Fees: A fixed fee will be agreed in advance of any work to be carried out, typically a fixed fee of £70 is payable for this type of Tax Return.
With the deadline for submission of 2011 Tax Returns soon approaching, we thought it would be helpful to advise of the potential issues you may come up against if you do not submit your Return on time
Since April of this year, all VAT-registered contractor businesses with a turnover of £100,000, along with all new registrants of the tax, have been required to file VAT returns and make VAT payments online.