Why HMRC is suddenly interested in your “global life” When Alex opened an email from his accountant with “HMRC – Foreign Tax Credit Relief” in the subject line, he assumed it was just another routine reminder about the Self Assessment deadline.

For those in a hurry: Leaving the UK is not the same as ceasing to be taxable in the UK. If you manage UK businesses, assets, or portfolios from Dubai without the right framework, you can easily:

When a relationship ends, emotions run high. There are lawyers to call, living arrangements to sort, and children (if any) to consider. In the middle of all this, one thing is often overlooked: the taxman.

At Vectigalis Tax, we recently assisted two clients who had just launched a UK-based technology business. Both were appointed directors from incorporation. One of them took on operational responsibilities with a formal service contract; the other acted purely in a strategic, non-executive capacity.

LONDON, August 2024 — While most people are enjoying their summer vacations, posting pictures and quite interesting quotes on Facebook and Instagram, the dedicated team at Vectigalis Tax is busy ensuring businesses comply with the UK's latest tax regulations.

As digital currencies like Bitcoin, Ethereum, and many others become mainstream, businesses are increasingly grappling with how to account for these assets in their financial statements. If you or your business holds cryptocurrencies, it’s essential to know the best way to present them in line with accounting standards like the FRS 102, which governs UK businesses.

Understanding the UK capital gains tax implications of disposing of UK property is crucial for both UK and non-UK residents. In this article, we explore the key considerations, filing requirements, and deadlines associated with UK property disposals.

Major Changes Coming for the 2025/26 Self-Assessment Tax Return From 5 April 2025, new mandatory tax return requirements will impact sole traders, partnerships, trustees, and company directors. If you're in business or run a close company, be prepared to disclose more details in your self-assessment tax return.

Sebbene il concetto di "crypto tax" non esista formalmente, ciò non significa che le criptoattività siano esenti da imposizione fiscale in UK. In questo articolo analizziamo come le attuali normative fiscali si applicano...