Taxes

In the UK the tax year runs from 6 April to 5 April for historic reasons and a tax return is, generally, required to be submitted and the tax paid, on or before the following 31 January.
The UK operates a self assessment basis for its tax returns. The taxpayer considers what needs to be reported and calculates the amount due then submits this information to HM Revenue & Customs (HMRC). HMRC then reserve the right to enquire into any items they consider may not have been reported accurately, generally only within 12 months of submission.

"Tax checklist when moving to the UK" by Buzzacott. Whether you’re moving to the UK permanently or just for the foreseeable future, it’s important for you to plan ahead to ensure a smooth transition.This checklist highlights the key tax areas for you to consider, to make sure you remain compliant.

"The impact of the 2017 deemed domicile changes" by Buzzacott

"Gifts from the bank of Mum or Dad" by Buzzacott With house prices consistently rising, you may have considered gifts to your children to help them get on the property ladder. Although generous, without proper planning, gifts of any kind can lead to nasty future tax complications.

"The effects of COVID-19 on UK tax residency" by Buzzacott

"Gifts out of excess income" by Buzzacott

"Keep calm and complete your tax obligations" from FOCUS Magazine Jan-Feb 2018

"Some practical impacts of Trump’s Tax Act on US expats" from FOCUS Magazine Mar-Apr 2019

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