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 […]
Double Tax Treaties might not sound exciting, but they can make a huge difference for anyone who lives or works across borders. In Episode 6 of The Tax Compass Podcast, the team at LSR Partners breaks down what these treaties are, how they work, and why they matter. Whether you’re a UK expat, a digital nomad, […]
Following on from the Spring Statement delivered by Rachel Reeves yesterday, we wanted to quickly highlight some elements that might particularly interest you. Firstly, some good news: no new tax rises were announced. Instead, the statement focused on spending cuts particularly in the area of welfare and government costs. In terms of our clients, the cut […]
Thinking of moving to Dubai? With no income tax and no capital gains tax, Dubai seems like an attractive destination for many UK residents. However, before you pack your bags, there are important UK tax considerations to keep in mind. Getting it wrong could result in unexpected tax bills down the line. Why Dubai Appeals […]
Navigating UK property taxation can be tricky, especially for expats and non-residents. Whether you're buying, selling, or renting property in the UK, understanding how tax rules apply to your situation is essential. In a recent episode of the Tax Compass Podcast, Laura and Simon from LSR Partners shared valuable insights into UK property tax and […]
On February 24th we held an exclusive live webinar where we delved into the upcoming changes to the UK's tax landscape, focusing on the new Foreign Income and Gains (FIG) regime and the Temporary Repatriation Facility (TRF) set to be introduced from April 6, 2025. These significant reforms will impact many, and our session aimed […]
Pensions might not be the most exciting topic, but they are a key area where many people make costly mistakes. In the latest episode of the Tax Compass Podcast, Laura and Simon from LSR Partners uncover the complexities of UK pension tax relief — and why getting it wrong could cost you thousands. If you’re a […]
We wanted to keep you informed about the latest developments regarding the UK government’s non-domiciled (non-dom) tax reforms. These changes, announced during October’s Budget, are undergoing adjustments in response to concerns raised by the non-dom community. What’s Changing? Chancellor Rachel Reeves has outlined amendments to the Finance Bill to address the concerns of non-doms and […]
Continuing in our series of specific updates following the 2024 Budget, here is a short focus on Stamp Duty Land Tax (SDLT). For a more comprehensive deep dive on the Budget, see our Tax Compass Podcast on the 2024 Budget. With the October Budget came a change in Stamp Duty Land Tax (SDLT)*. Reeves announced that there will […]
At LSR Partners, we specialise in helping expats and non-residents navigate the complexities of UK taxation. But what truly sets us apart is the personal experience we bring to the table. In the latest episode of The Tax Compass Podcast, we explore Simon Roue’s story - his journey as an expat and how it ultimately led […]
