Submitted by Sestini & Co
| on Tue, 03/04/2014 - 19:25 | In Uncategorized
Moving to a new country can be a bewildering experience, and often it’s the little things that cause the most confusion. Why do the traffic lights sometimes display red and orange lights at the same time? Is it my job to put the little divider behind my shopping on the checkout belt, or the job of the next customer? How do you turn right when you drive on the left?
Unravelling the UK taxation system may well be one job too many when you’re settling in, and you may be concerned about the risk of paying tax on the same amount in two countries. If you or your spouse are here on a work assignment, is one of you covered for tax advice and tax return preparation but the other is not? Are you moving to the UK’s system of independent taxation from a country with joint taxation for couples?
We can explain how the UK tax system affects you, and help you plan your finances in both countries to make sure that your long term savings, pensions and investments are safeguarded rather than being eroded by excessive tax charges. If you already have a tax adviser in your home country, we will happily work hand in hand with them, or you can take advantage of our trusted international network to co-ordinate your affairs across the two countries.
We can also help your employer, if required, to make sure that they have correctly reported the tax documentation required in the UK and overseas.
Just give us a call and we’re happy to help – we can also explain when to say ‘sorry’ in England (essentially, almost all the time).