How To Declare Your Foreign Income On UK🇬🇧 Tax Return| Get It Right

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Описание к видео How To Declare Your Foreign Income On UK🇬🇧 Tax Return| Get It Right

Declaring Foreign Income can be confusing, but it doesn’t have to be!
In this video, Learn how to report income earned abroad, understand double taxation agreements, and avoid costly mistakes.

Whether you’re a digital nomad, investor, or business owner, this guide covers everything you need to know about foreign income and UK taxes. I simplify the process for UK taxpayers, including self-employed individuals, to ensure you stay compliant with HMRC regulations.

Don’t forget to like, subscribe, and hit the notification bell for more essential tax and accounting tips!

Timestamps:
00:00 Taxes on foreign income
00:15 What qualifies as foreign income
00:44 How to report foreign income
00:57 Do you pay UK Tax on foreign income
01:35 What are residency, domicile and residency basis
02:10 What are double taxation agreements
02:39 Deadlines and penalties
03:03 Wrap Up

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Hey 👋 I'm Rubina, an accountant turned entrepreneur turned Youtuber(trying to be🤔). Through my videos and posts on this channel, I share tax-saving tips, investment ideas, and strategies based on my education and knowledge to help you be more tax-efficient and build a life you love.

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The content and the ideas presented in this video are for education and entertainment purposes only. The information presented does not consider the financial circumstances of specific entrepreneurs, and therefore may not be suitable for all. Speaking with your accountant for better advice about your circumstances is advisable.
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