Think being on payroll means your tax is all taken care of? Think again. Many people assume that once they’re taxed through payroll, everything is taken care of. No tax return, no calculations, no surprises. In practice, that assumption often proves wrong. We regularly speak to people who are fully on PAYE, have no other […]
Simon Roue and Laura Sant explain the Double Tax Treaty system. The purpose of the Double Tax Treaty is to prevent double taxation of individuals who move between and earn income from more than one country. However, the rules of Double Tax Treaties vary between different countries and can be complicated to navigate. If you […]
Simon Roue and Laura Sant explain the UK Self Assessment tax return system in plain English. Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is approaching fast, and HMRC is significantly increasing its messaging around the change. For many sole traders and landlords, this will represent the biggest shift in personal tax compliance […]
What should you do if you realise you have not disclosed all your income or gains to HMRC? What should you do if you realise you have not disclosed all your income or gains to HMRC? If you become aware that you have undisclosed income or gains, then you have two choices: ignore the problem […]
Simon Roue and Laura Sant explain the UK Self Assessment tax return system in plain English. Podcast recap: Tax Compass with LSR PartnersIn this episode, Simon Roue and Laura Sant go 'straight down the middle of the fairway' on Self Assessment: when you must be in it, when you can get out of it, and […]
The Beckham Law, officially known as Special Regime for Displaced Workers, allows expatriates to move to Spain for work and benefit from a preferential tax rate. Beckham Law is a Spanish law which allows expatriates to move to Spain for work and benefit from a preferential tax rate. Under this law foreign workers are taxed […]
Simon Roue and Laura Sant give an immediate response to the Autumn Budget. Yesterday (26th) Rachel Reeves presented the Autumn Budget. We have recording a special episode of the Tax Compass Podcast to give our initial reactions which is available wherever you get your podcasts now. By maintaining the election pledge not to raise National […]
The Tax Compass Podcast is officially 1 year old! To celebrate, Simon Roue and Laura Sant from LSR Partners look back on some of the most powerful stories and lessons from the past 12 months. Most people think tax is spreadsheets, forms, and ticking the right boxes. In reality, tax is about life choices; moving […]
The LSR Partners team breaks down one of the most misunderstood parts of the SRT: how Deemed Days work, when they count toward your UK day total, and when they don’t. If you regularly travel to or through the UK, deemed days (also called qualifying days) can quietly increase your day count under the Statutory […]
Transit Days Explained: How Stopovers Affect UK Tax Residence Under the Statutory Residence Test A Transit Day is a day when an individual is travelling from one country outside of the UK to another country outside of the UK and whilst en route they arrive in the UK as a passenger and leave the UK […]
