|
|
|
|
| |
Tax Return Preparation
If you are working in the UK as an employee, you will have tax and National Insurance (NI) deducted from your pay under the PAYE system.
Ideally, this tax and NI should be correct, but expats often need to apply for refunds of overpaid tax. This happens normally when you
only work part of a year or you pay emergency tax when you don't have a National Insurance Number.
Tax Refund Claims
If you have only arrived in the UK in the past 12 months or are leaving the UK for good - then you will almost certainly be entitled to a
refund (average is around £800 for most people). DMS no longer lodge tax refund claims however it is quite a simple process.
If you have only worked in the UK for a part of the tax year (6th April to 5th April), you are most likely due a refund. DMS are no longer
completing tax claims however it is an easy process for you to do yourself. We have attached the links to the HMRC website below for your
reference with the forms you are required to complete.
HM Revenue and Customs Website
The forms that you will need to download are:
Arrival in the UK form
Leaving the UK form
Employment Record
Tax Claim Form
You will need to send your P60 or P45 away with your tax claim forms along with either the arrival or leaving the UK form. If you do not
have a bank account open in the UK and you can not allocate a friends account you can request on the R38 to have a refund cheque sent to
you at your overseas address. If you have any queries in regards to completing the forms, please contact HMRC on 0845 070 3703.
Tax Returns (Self Assessment forms)
If you fall into any of these categories, you may need to submit a Self Assessment Tax Return form:
Are a company director
Have taxable benefits (P11D from your employer)
Are Self Employed (including CIS card holders)
Receive offshore / foreign income
Own UK rental property
Made capital gains over the threshold
Want to claim to be Non - Domiciled
Fees for Personal Tax Returns start at £300+VAT.
|
|
|
|
|
 |
 |
Dynamic Management Solutions Limited is a company registered in England and Wales with company number 3652783
and whose business address and registered office is 3rd Floor, 3 Copthall Ave, London, EC2R 7BH |
|
|
