HMRC’s international tax reporting expectations for UK business owners are tightening rapidly, and non-compliance is becoming increasingly risky. In this video, MTA (My Tax Accountant) explains how UK businesses must navigate HMRC’s expanding international tax reporting mandates and what this means in practice for 2025-26.
MTA breaks down how HMRC now tracks overseas income, cross-border transactions, foreign assets, international subsidiaries, overseas contractors, digital platforms, and offshore structures. UK business owners are facing more detailed disclosures, deeper data sharing between tax authorities, and stricter penalties for errors or omissions in international reporting.
This video explains which UK businesses are affected, including limited companies, sole traders, partnerships, online businesses, consultants, property investors, and entrepreneurs with overseas clients or income streams. MTA highlights common reporting triggers that bring HMRC attention, such as unexplained foreign income, overseas bank accounts, international payment platforms, and cross-border service arrangements.
You will also learn how international reporting impacts Capital Gains Tax, Corporation Tax, Income Tax, and Inheritance Tax planning, particularly where foreign assets or overseas business interests are involved. MTA explains why poor international record-keeping can cause issues during HMRC compliance checks, Self-Assessment reviews, and estate planning under 2025-26 rules.
The video covers practical steps UK business owners should take now, including documentation standards, transaction tracing, disclosure timing, and risk reduction strategies. It also explains when professional support is essential to avoid penalties, interest, and long-term compliance problems.
This content is tailored exclusively for UK taxpayers and business owners who want to stay compliant, protect their businesses, and avoid unexpected HMRC challenges in 2025-26.
For expert guidance on international tax reporting, compliance reviews, and HMRC enquiries, contact MTA (My Tax Accountant):
Phone: 0208 5708531
Email: [email protected]
Website: mytaxaccountant.co.uk
Disclaimer
This video is provided for general information purposes only and does not constitute tax, legal, or financial advice. International tax obligations vary based on individual circumstances and applicable HMRC rules. MTA (My Tax Accountant) accepts no responsibility for actions taken without obtaining tailored professional advice.
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#UKTax #HMRC #InternationalTaxUK #BusinessTaxUK #CrossBorderTax #HMRCCompliance #UKBusinessOwners #TaxReportingUK #CorporationTaxUK #InheritanceTax2025 #MTATax #UKTaxpayers
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