Rent a Room Relief Explained - How to Earn £7,500 Tax-Free In tighter times, many people are opening their doors to lodgers or short‑stay guests. Done right, you get extra income and peace of mind on tax. This guide turns the HMRC rules into plain English so you pay the right tax in the right […]
Watch/Listen to the latest Tax Compass Podcast As the UK enters the 2025/26 tax year, a wave of important changes is hitting both residents and globally mobile individuals. From the new Foreign Income and Gains (FIG) regime to adjustments in Capital Gains Tax and the advance of Making Tax Digital, it’s more vital than ever […]
Simon and Laura break down the basics for pilots and aircrew and international workers If you're a pilot, steward, or stewardess working internationally and living outside the UK, or planning to, the way your income is taxed can get complicated quickly. At LSR Partners, we’ve been speaking to more and more aircrew and airline professionals […]
Watch/Listen to the latest Tax Compass Podcast Gifting sounds simple, until tax gets involved. In Episode 9 of The Tax Compass Podcast, Simon Roue and Laura Sant of LSR Partners discuss the complexities and planning opportunities around gifting assets, from property to income, and how the rules can differ depending on your relationship, your timing, and […]
Watch/Listen to Laura and SImon explain the current situation. A quiet revolution in UK tax law is shaking the foundations of inheritance planning for expats and international investors. You may have heard a lot about the UK’s recent tax changes around non-doms, especially the abolition of the domicile-based system. But amid the headlines about worldwide […]
Watch/Listen to the latest Tax Compass Podcast The UK tax landscape is undergoing one of its most significant shifts in recent history: the end of the non-dom regime and the introduction of the Foreign Income and Gains (FIG) regime. What do these changes mean for globally mobile individuals. What's Changing? From April 6, 2025, the […]
Watch/Listen to Laura Sant explain Gift Aid. Giving to charity feels good. But what if your donation could go even further, without costing you a penny more? If you’re a UK taxpayer, ticking the Gift Aid box when you donate to a UK-registered charity could make a real difference. Not only does the charity receive […]
Watch/Listen to the latest Tax Compass Podcast If you're planning a move to the UK, or supporting employees who are, you’ll want to understand how the UK tax system works. If you're expecting it to be simple, think again. From an unusually timed tax year to a sometimes bewildering PAYE system, the UK is full […]
Listen to, and watch Simon and Laura explain more here If you’ve ever received a brown envelope from HMRC, you’ll know the sinking feeling it can cause. At LSR Partners, we call it the 'brown envelope of doom', but it doesn’t have to lead to panic. An HMRC enquiry simply means that the Revenue is […]
Leaving the UK is a big step, especially when it comes to your tax obligations. Whether you're relocating for work, retirement, or adventure, one key detail must not be overlooked: you must inform HMRC that you're leaving. 1. Are You in the Self-Assessment System? Start Here. The first step is identifying your tax filing status. 2. What is […]
