deVere Tax Consultancy can help you with all the UK tax concerns you may have, ranging from advice on investments, pensions and issues affecting non-domiciles to your annual compliance requirements, whilst answering any queries you may have on overseas bank account structures or statutory residence rules.
The UK system of self-assessment puts the onus on the individual to declare their untaxed income to the UK tax authorities even where there has not been a request from her Majesty's revenue and Customs (HMRC).
If an individual has a UK source income that does not have its tax obligations withheld at source, a UK tax return filing requirement exists.
What services do we offer?
UK tax returns: Residents
Most individuals who are resident in the UK and have an international element to their affairs would benefit from the services of a tax preparer who has experience of preparing these types of UK tax returns. If you have either been sent a tax return by HMRC, have an income over £100,000 or owe UK tax for any reason, then a UK tax return should be filed. We can make this process as simple and stress free as possible.
UK tax returns: Non-residents
Non-UK resident individuals who own UK residential real estate property for investment purposes or who have other UK source investment income need to file a tax return to report this income, even where there is a net loss on the investment. deVere tax can help you determine whether a filing requirement exists, register you with the UK tax authorities and complete your returns in the most efficient manner possible.
UK tax return: Part year resident (split year treatment)
If an individual is resident in the UK for part of the tax year, it may be possible to remove income received in the period of non-residence from the scope of tax. This will often result in a refund of taxes paid.
We can provide advice on all types of UK income tax queries and inheritance tax planning.
Below is our full list of UK services:
UK return preparation
• UK tax advice (investments and pensions)
• UK tax advice (non-domiciles)
• Statutory residence rules
• UK overseas workday relief
• Remittance v Arising calculations
• Overseas bank account structuring
• Split year treatment
• Withholding refunds
• HMRC Discovery Assessments and Investigations
• Capital Gains Tax Planning
• Inheritance Tax Planning
• Non-Resident & Non-Domiciliary Matters
• Property Let Disclosure
• Bespoke Taxation Reports
Contact us today for a free, no-obligation consultation.