Many UK residents may be eligible for foreign pension tax relief if they have pensions overseas. If you decide to take some or all of that pension as a lump‑sum payment, you might have to pay UK income tax on it. Since April 2017, the UK taxes lump sums from foreign…
HMRC Self Assessment contact methods, such as letters, emails, or texts, can leave many wondering whether the message is legitimate. From mid-2025 onwards, HMRC has been actively contacting taxpayers who appear to have missed submitting their Self Assessment tax…
If you’re due a tax refund from HMRC after submitting your Self Assessment tax return, here’s a clear overview of what to expect – and what you can do if your HMRC refund is delayed. When Will I Receive My Tax Refund? HMRC typically processes Self…
If you’re a South African residing in the UK – whether temporarily or permanently – it’s crucial to understand your South African UK tax obligations and how they may affect your income both locally and abroad. Unless you have formally broken your tax…
1. Attribution of CFC Income If you’re a South African resident who directly or indirectly holds more than 50% of a foreign company’s participation rights, SARS may attribute that company’s net income to you. That means: The net income of the CFC (calculated…
South Africans Living Abroad – Is Your Company a CFC? If you’re a South African living abroad and own a foreign company, you may still be subject to South African tax laws, specifically the Controlled Foreign Company (CFC) rules – unless you’ve…