With international travel restrictions unlikely to be lifted, the staycation looks the most likely next best option for many this summer. In this article we will look at some exciting options a UK staycation has to offer.

Since the Chancellor’s delayed autumn budget due to the pandemic, individuals and businesses have waited in anticipation for this year's budget announcement. Now with the spring budget finally announced, we analyse the key takeaways in our latest article.

With COVID-19 wreaking havoc on world travel over the past year, many UK seafarers have unwittingly spent more time at home than planned. In this article, we explore how this may affect seafarers earnings deduction qualifying periods and the HMRC's present position on the situation.

Tax deductions for seafarers

As we approach the end of the most turbulent of years in living memory, our final publication of the year will take a lighter note, looking at things we've been unable to do due to COVID restrictions including travel, holidays, time with family and finding work.

Yachting has long had a culture of keeping money earned offshore, away from the prying eyes of the tax man, due to crew member's common misconception of believing they have no tax obligations in any country. In our article, we explain how this is in actual fact wrong, and why new legislation means you must act now to prevent falling foul of the authorities.

With the final Brexit date looming, many UK boat owners could be at risk of incurring additional VAT liability on vessels currently located outside UK waters. Does this potential new VAT liability affect you? Read our article to find out more.