Search results for category 'Tax'

If you are tax resident in Spain but regularly work outside the country, there is a chance you could be paying more tax than necessary.

Article 7P is one of the most valuable tax exemptions available to internationally mobile employees, yet many people have never heard of it. Others assume it only applies to people who have permanently relocated abroad, which is not the case.

For yacht crew, offshore workers, consultants, engineers, airline staff and employees who travel internationally, Article 7P could make a significant difference to the amount of Spanish tax payable each year.

The problem is that it is often overlooked. By the time someone realises they may have qualified, they may already have missed the opportunity to recover tax paid in earlier years.

Read on to find out more...

For many seafarers, the Seafarers Earnings Deduction (SED) offers a significant tax benefit, allowing qualifying earnings from work at sea to be exempt from UK income tax. However, if you also have a UK student loan, the picture is far less straightforward.

Learn how Seafarers' Earnings Deduction (SED) interacts with UK rental income, including personal allowances, mortgage interest relief, allowable expenses, and whether rental profits affect your eligibility to claim valuable seafarers tax relief.

Learn how to complete a seafarers tax return correctly, claim the Seafarers Earnings Deduction, avoid common HMRC mistakes, and understand the records and qualifying rules needed to reduce your UK tax liability.

Working at sea and unsure about National Insurance? Learn how SED affects your contributions, how to fill gaps, and what it means for your UK State Pension entitlement.

Bringing home a new baby comes with excitement—and a mountain of unknowns. Starting your own limited company is no different. It’s a milestone moment that can feel overwhelming without guidance. There’s no instruction manual, but the decisions you make in the early days matter. Here are some practical, often overlooked tips to help you get started the right way. Here are our Top Ten Starter Tips... 

For seafarers, periods of illness or injury can raise challenging tax questions. Especially when insurance payouts or employer funded support are involved. Not all income received during medical leave is treated the same by HMRC. Some payments may be tax free, while others are taxed as regular employment income. The deciding factor usually comes down to how the illness arose and who paid the benefit.

Gambling has been part of English life for centuries, starting with horse racing and lotteries before spreading to football betting and bingo halls. Today, the industry has grown into a highly regulated and diverse market, offering entertainment to millions of people both offline and online. England stands out for balancing its long gambling traditions with a modern digital revolution.