Don’t risk HMRC fines.
It all depends on whether you still have a source of income that comes from the UK. Sources could include:
If you receive money from any of the above, then it’s likely that you’ll have to report your income to HMRC and then pay Income Tax on it.
You report your UK income to HMRC through an annual tax return. This also means you’ll need to register for Self Assessment.
UK residents usually do this through HMRC’s online services, but as an expat, you won’t have access to this. Instead, your taxes have to be filed either by:
Whatever method you choose, just remember that you must declare all of your untaxed income and give details of any allowances, expenses, and other deductions.
So, how long do you have to sort your taxes?
The tax deadline for expats depends on the method you choose to complete your return. If you file your tax return:
Then you might be fined. No joke!
If you submit your tax return late or make a late payment, then the minimum you’ll be fined is £100. If you file your return late as well as make a late payment, then you’ll pay at least £200 – and this keeps increasing if your payments are 3 months+ late.
HMRC can also apply interest on top of these fines – so make sure you don’t miss the tax deadline if you’re an expat!
Struggling to wrap your head around life as an expat and UK tax? We get it, it can all sound pretty confusing – especially if you’re living abroad – but it doesn’t have to be complicated at all!
If you have a tax-based problem, get in touch with us for some simple, one-off tax advice from our accredited accountants. Learn more here.
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