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How to claim double tax relief under a double tax treaty |
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Written by Administrator
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Many people are living and working overseas or live in the UK and hold overseas assets. In this case the risk of 'double taxation' is very high. You could be facing tax charges both in the UK and overseas. This is where double tax treaties come into play. They can provide either a complete exemption from UK tax or a tax credit to reduce the UK tax liability. However once you've actually determined what the relevant tax treaty provides you then need to go about claiming the relief in the UK. This article goes through exactly how you go about claiming relief from UK tax under a double tax treaty with the UK tax authorities.
Redirect to: http://www.wealthprotectionreport.co.uk/members/271.cfm |