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.

Here are somegeneral taxation guidelines (kindly provided by Buzzacott), however, as every case can be very different, we suggest that you consult an independent advisor.

"Not another article about UK tax..." from FOCUS Magazine Jan-Feb 2017

"Understanding new inheritance taxes" from FOCUS Magazine Nov-Dec 2017

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

‘UK tax: a survival guide’ from FOCUS Magazine Jan-Feb 2019

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

"Falling into the UK Inheritance Tax Net" from FOCUS Magazine Nov-Dec 2019

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