Best Tax Preparation Services in Ecclesfield

Yacht Crews Tax Services More than ever, specialised tax services for yacht crews are necessary to help yacht personal avoid getting into a situation where they will be liable to income tax in two countries. Many members of the yachting industry have been operating for years not declaring income to any government tax body on the assumption that they do not reside in any particular country. H M Revenue & Customs have, for many years, been implementing double taxation agreements with many countries to ensure you do not pay tax in two countries. This means if you are a UK resident you are liable to tax on your worldwide income each year. It does not matter whether or not you bring the foreign income into the UK. Put simply you must be liable to tax somewhere. However, if you are a UK resident you may be eligible to claim the seafarer’s earnings deduction. For more information please go to...