Understanding the UK Tax System - What Expats (and Their Employers) Need to Know
Manage episode 482861159 series 3613614
In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant step back from technical details and tackle the UK tax system from the top. From the bizarre tax year (April to April) to PAYE quirks and the self-assessment minefield, we break down what new arrivals to the UK, and those supporting them, need to understand to stay compliant and avoid nasty surprises.
Whether you’re an expat, globally mobile executive, or UK employer with international staff, this is your essential primer.
What You’ll Learn in This Episode:
- Why the UK tax year runs from 6 April to 5 April (and why it still matters)
- How PAYE works, and when it doesn’t
- The problem with receiving bonuses in April
- When you do (and don’t) need to file a UK tax return
- How payments on account can lead to surprise bills
- Why leaving the UK mid-year often leads to tax overpayments
- What to do if you receive income from outside the UK while living in the UK
- Why registering for self-assessment might be your best move, even if HMRC says otherwise
Who This Episode Is For:
- Expats living or working in the UK
- People planning to relocate to the UK
- UK employers with international staff
- Individuals earning over £100,000
- Anyone who’s unsure whether PAYE is “enough”
Links & Resources:
Get in Touch:
Have a question about your UK tax status? We specialise in helping expats and globally mobile individuals understand their position and stay compliant.
Book a call: lsrpartners.com/contact
7 episodes