The Tax Compass Podcast

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• Employment Income UK Tax: PAYE, Tax Codes, Pensions, Benefits and Why Payroll Often Gets It Wrong 11.06.2026 20dk

  If you are employed and you assume that because your company runs payroll your employment income tax is being handled correctly, this episode is for you.In Episode 21 of the Tax Compass Podcast, Simon and Laura cover the full landscape of employment income and UK tax. This is an area where people most commonly discover either that they have been overpaying tax for years or that they have an unexpected liability they never saw coming. Both situations are avoidable with the right knowledge.Simon opens with the observation that even clients with complicated tax returns often have a comfort blanket of knowing LSR Partners will sort things out. The concern is the clients who think their employment income is simple and therefore does not need checking. It is often those clients who are sitting on the biggest surprises.The episode covers the following areas in detail:How PAYE and tax codes work. HMRC issues a tax code to your employer and your employer applies it mechanically. Payroll has no discretion. If the code is wrong, payroll applies the wrong code regardless. The error sits with HMRC and it falls to you to spot it and correct it. Laura explains how cumulative and emergency codes work differently, and why an emergency code can mean missing out on unused allowances and brackets that you are entitled to.Benefits in kind and the difference between those processed through payroll in real time and those reported via P11D at the year end. P11Ds are being abolished in April 2026 and everything will need to be payrolled, but until then the timing gap between receiving a benefit and having it reflected in your tax code creates a period where you have taxable income that has not been taxed. The episode explains how this works and what to watch for.Pension contributions, covering the distinction between salary sacrifice and relief at source, why the naming of these two schemes is confusing and arguably the wrong way round, and why higher and additional rate taxpayers using relief at source schemes need to claim their additional relief through a tax return rather than assuming the pension provider handles it.The annual allowance and tapering. The current annual allowance is £60,000, tapering down to £10,000 for those with adjusted income above £360,000. Over-contributions create a tax charge that people consistently fail to anticipate, and the episode explains why the first year of exceeding the allowance often catches people with no carry-forward relief available.The upcoming salary sacrifice cap. From a future date, salary sacrifice pension contributions will be capped at £2,000 per year. Simon and Laura are clear that this is a stealth tax rise. Employer National Insurance savings on salary sacrifice contributions above that level will disappear, which will almost certainly lead to employers reducing or removing the matching contributions that currently make salary sacrifice schemes so valuable. The message is straightforward: maximise employer contributions now while the current rules still apply.Equity awards and the £100,000 threshold. For clients whose salary sits just below £100,000, a bonus or equity vesting event can push their total income above the threshold, remove their personal allowance and create a tax liability that neither they nor their employer anticipated. The episode walks through exactly why this happens and why it is more common than people expect.Simple assessment and overpaid tax. HMRC is estimated to have caused around 600,000 people to overpay tax through incorrect PAYE processing. The simple assessment system is designed to catch these errors, but in practice LSR Partners see it failing regularly, including cases where overpayment relief claims are simply being ignored.The episode closes with a reminder that equity is covered in more detail in a separate episode, and with the consistent LSR Partners message: if you have questions about your employment income tax position, get in touch before a problem compounds rather than after.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• The Statutory Residence Test: A Plain English Guide to UK Tax Residency for Leavers and Arrivers 14.05.2026 21dk

  If you are leaving the UK, arriving in the UK, or already living overseas, your UK tax residency status is the single most important factor in determining what you owe HMRC and where.In this episode, Simon and Laura tackle the Statutory Residence Test head on. Not the 125-page HMRC manual version, but a clear, honest, high-level guide to how it works, why it matters, and what you need to be thinking about before you make any international move.The Statutory Residence Test was introduced in April 2013 to replace a system that was far less clear-cut. Its purpose is straightforward: to determine whether you are UK tax resident in any given tax year. If you are resident, you are taxable in the UK on your worldwide income and gains. If you are not, you are taxable only on UK sources of income. The difference between those two positions can be enormous.Simon and Laura cover the full picture in this episode, including:Why HMRC makes it easier to arrive in the UK than to leave it, and how that imbalance shows up throughout the test.The automatic overseas tests, including the day count thresholds (15 midnights for leavers, 45 for arrivers) and the full-time work overseas test, which applies to most people relocating for employment but contains more detail than most people expect.The three automatic UK tests, covering the 183 day rule, the only home in the UK test, and the full-time work in the UK test. The last two are designed specifically to catch people who leave or arrive part way through a tax year and are far more commonly relevant than the 183 day rule most people default to.The sufficient ties test, which determines residency for anyone who does not fall into one of the automatic categories. Five potential ties, including family, accommodation, work, the 90 day tie and the country tie, interact with your day count to produce a residency outcome that surprises many people. The commonly cited 182 day rule is only the starting point, not the whole picture.Split year treatment, which allows the tax year to be split into a resident period and a non-resident period for people who leave or arrive part way through the year. There are more routes into split year treatment on arrival than on departure, which again reflects HMRC's general direction of travel on residency.The interaction between the Statutory Residence Test and double tax treaty residence, and why being UK tax resident does not prevent you from being simultaneously tax resident in another country.Why real-time records of your days, work activity and location are essential, and why having a documented piece of advice from LSR Partners in your files makes a material difference if HMRC ever opens an enquiry.The episode closes with the message that runs through everything LSR Partners does: if you are leaving the UK or arriving in the UK, have the conversation before you go. Not after. One client spent three days too many in the UK and faced a £20,000 tax bill that proper planning would have avoided entirely.Every situation is different. The Statutory Residence Test is detailed, fact-specific and unforgiving when applied incorrectly. Get in touch before you act.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Employment Related Equity — RSUs, Options and What Happens When You Move Countries 09.04.2026 19dk

  If your employer pays you in shares as well as salary, this episode is for you.Simon and Laura tackle one of the most consistently misunderstood areas of UK tax: employment related equity. Whether you have RSUs, share options, or some other form of equity award, the UK tax treatment is not always obvious, and the consequences of getting it wrong can be significant.They start with the basics: what RSUs are, why HMRC treats them as employment income rather than capital gains at the point of vesting, and what your base cost looks like once you have received the shares. From there they move on to share options, explaining why the tax point works differently, you are taxed when you exercise, not when the options vest, and what that means in practice for people sitting on unvested or unexercised awards.The episode then gets into the area where LSR do a substantial amount of client work: what happens to your equity awards when you move countries during the vesting period. If you are relocating to the UK with existing RSU grants, or leaving the UK with unvested shares, time apportionment is the key concept. HMRC will look across the entire vesting period and tax the UK-resident portion accordingly. The problem, as Simon and Laura explain, is that company payrolls frequently get this wrong, sometimes in your favour, sometimes not.There is also a memorable story about a former Lehman Brothers employee who never sold a share, kept his entire retirement fund in company stock, and was completely wiped out in 2008. Not financial advice, but a useful reminder about concentration risk.Topics covered in this episode:How RSUs are taxed as employment income in the UK and what that means for your payslip The difference between RSUs and share options, and why the tax point is different for each What your base cost is once shares vest and how capital gains tax applies when you sell Time apportionment: how HMRC calculates the UK-taxable portion of awards that span periods of residence and non-residence Why company payroll often apportions incorrectly and how to spot if you are overpaying or underpaying Concentration risk and why diversifying equity awards is worth thinking aboutIf you have questions about your equity awards and how they interact with your UK tax position, book a call with us.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• UK Pensions Explained: Annual Allowance, Tapering & Salary Sacrifice Changes 12.03.2026 23dk

  Pensions are powerful, but they are increasingly complex.In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down:The £60,000 annual allowanceWhat counts towards itThe tapered annual allowance for high earnersAnnual allowance chargesCarry forwardSalary sacrifice vs relief at sourceThe National Insurance angleProposed changes that could affect employer contributionsIf you earn over £100,000, and especially over £200,000, this episode is essential listening.We explain how to avoid common pension mistakes and why employer contributions may change in the near future.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Temporary Non-Residence Explained: UK Tax Risks for People Leaving the UK 12.02.2026 30dk

  Leaving the UK doesn’t always mean leaving UK tax behind.In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down the UK’s Temporary Non-Residence rules; a complex but critical area for anyone moving abroad.If you’ve been UK tax resident for 4 of the last 7 years, leaving the UK for fewer than 5 full tax years can trigger anti-avoidance rules that bring overseas income and gains back into UK tax when you return.We explore how this applies in practice, why it exists, and how recent Budget changes make careful planning more important than ever.This episode is essential for:Entrepreneurs and business ownersIndividuals with pensions or investment portfoliosAnyone considering relocating abroad, even temporarilyYou’ll walk away with clarity, confidence, and a better understanding of how to protect yourself from unexpected UK tax bills.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Temporary Non-Residence Explained: UK Tax Risks for People Leaving the UK 12.02.2026 30dk

  Leaving the UK doesn’t always mean leaving UK tax behind.In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down the UK’s Temporary Non-Residence rules; a complex but critical area for anyone moving abroad.If you’ve been UK tax resident for 4 of the last 7 years, leaving the UK for fewer than 5 full tax years can trigger anti-avoidance rules that bring overseas income and gains back into UK tax when you return.We explore how this applies in practice, why it exists, and how recent Budget changes make careful planning more important than ever.This episode is essential for:Entrepreneurs and business ownersIndividuals with pensions or investment portfoliosAnyone considering relocating abroad, even temporarilyYou’ll walk away with clarity, confidence, and a better understanding of how to protect yourself from unexpected UK tax bills.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• MTD for Income Tax: Who’s In, When It Starts, and How to Prepare (Without the Panic) 08.01.2026 26dk

  Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is approaching fast, and HMRC’s advertising push is only adding to the noise. In this episode, Simon and Laura cut through the confusion and explain exactly who MTD ITSA applies to, when it starts, and what the practical impact will be for sole traders and landlords. You get the key thresholds (and how they step down each year), what quarterly reporting really means, what software you’ll need, and where people are most likely to get caught out, especially non-resident landlords and internationally mobile taxpayers.Key topics covered:What “MTD ITSA” actually is (and how it differs from MTD for VAT)Start date: 6 April 2026 — who must join firstThe staged income (turnover) thresholds:£50,000+ from 6 April 2026£30,000+ from 6 April 2027£20,000+ from 6 April 2028It applies to sole traders and landlords (not partnerships, yet)Turnover means income/receipts, not profitMultiple sources add together (e.g., trading + rental income)The 'quarterly update' reality: unadjusted/cash-style reporting, with year-end adjustments laterThe admin shock for landlords and those below the VAT threshold who haven’t kept digital records beforePractical considerations: separate bank accounts, receipt capture, and staying 'MTD-ready'Who may be outside the system (e.g., certain non-residents without a National Insurance number; digitally excluded individuals)Non-residents: reporting focuses on UK-taxable elements, not worldwide incomeWhy HMRC is doing it (and why it may feel like more admin than 'business insight')What still isn’t clear: how HMRC will calculate payments/tax due during the yearlsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Self Assessment Explained: When to File, How to Exit, Refunds & Penalties 11.12.2025 26dk

  Self Assessment shouldn’t be scary, but the rules are easy to miss, especially if you’ve lived or worked abroad. In this episode of the Tax Compass Podcast from LSR Partners, Simon Roue and Laura Sant explain, in plain English.We cover:Tax year & deadlines: 6 Apr–5 Apr; 31 Oct (paper), 31 Jan (online), 30 Dec (collect via tax code if <£3,000)Who must file now: self-employment/partnerships, UK property income, dividends/investment income over reporting thresholds, higher income child benefit charge, foreign income, remittance basis claims, etc.Residency & SA109: when Govt Gateway won’t cut it; why non-residents/remittance basis users usually need commercial software or an agent.Leaving the UK: when P85 is helpful (and when it isn’t); split-year treatment; getting your filing requirement withdrawn so penalties don’t snowball.Refunds from UK payroll while abroad: why HMRC may resist opening Self Assessment; PAYE vs SA systems; practical routes that actually work.Simple Assessment letters: what they mean and how they interact with Self Assessment (and refunds).Payments on account: triggers, dates, and what’s excluded (e.g., CGT, Class 2 NICs, student loans).Getting out of the system: when HMRC auto-removes you, and when you need to be proactive.Penalties & appeals: common pitfalls (address changes, missed notices, late filings) and how to prevent/resolve them.Key Takeaways:File earlier for cashflow clarity and faster refunds; tax is still due 31 Jan.If you claim the remittance basis or are non-resident, expect to need SA109 (not available via basic Govt Gateway).Tell HMRC you’ve left and actively withdraw filing requirements. Don’t assume the system will.Payments on account can sting the first year but self-correct over time.When in doubt, get specialist support so you get clarity and confidence and avoid unnecessary penalties.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Autumn Budget 2025: The Key Tax Changes You Need to Know 27.11.2025 29dk

  In this immediate post-statement breakdown of the Autumn Budget 2025, you get a clear, structured explanation of the tax changes announced by Rachel Reeves, with a focus on how they affect expats, non-UK residents, and globally mobile individuals.You’ll hear straightforward guidance on:• Frozen income tax and NI thresholds until April 2031What fiscal drag means for your long-term tax position.• New council tax surcharge for £2m+ and £5m+ homes (from 2028)How the High-Value Council Tax Surcharge (HVCTS) works and who pays it.• Major changes to voluntary National Insurance for non-residents (from 2026)Why Class 2 NI is ending for those abroad, and how Class 3 replaces it.• Higher taxes on dividends, savings and property incomeWhat the 2% rise means for investors and landlords from 2026/27.• Abolition of dividend tax credits for non-residentsWhat your new two-option framework looks like if you receive UK dividends from overseas.• Updated anti-avoidance rules for temporary non-residentsWhy repatriated dividends from certain 'closed companies' will now be taxable.• A new £2,000 cap on tax-free pension salary sacrifice (from 2029)What changes for employers and employees.• Cash ISA allowance reduced from 2027How the new £12,000 cash limit applies, and the exception for over-65s.At LSR Partners, you get clarity and confidence in navigating these changes, ensuring you pay the right tax in the right place at the right time, stay compliant across borders, and plan strategically for the years ahead.If the Budget raises questions about your own tax position, we’re here to guide you.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• One Year of the Tax Compass Podcast: Real Stories, Real Decisions, Real Tax Impacts. 13.11.2025 28dk

  The Tax Compass Podcast is now 1 year old! To celebrate, Simon Roue and Laura Sant from LSR Partners look back at the past 12 months, sharing clips and stories that show how tax is really about life choices, from moving house to starting a new job, or even returning to the UK.In this special episode, you’ll hear highlights from across the series, including:Repatriation from Asia during COVID, and the tax traps of coming home.Pension over-contributions, HMRC disclosures, and the sting of penalties.Property rules: quality of occupation, SDLT on gifting, and allowable absences.Payroll problems for non-residents and expats owed refunds.Remote work abroad, including NHS employees based overseas.How fiscal drag and NI increases quietly raise the UK tax burden.Stamp duty, beneficial ownership, and making the most of allowances.And finally, how double tax treaties can give peace of mind and extra time with loved ones.The message is clear: tax isn’t just spreadsheets and forms, it’s about life.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Budget 2025 Speculation - Income Tax, Pensions, VAT & the Risk of Exit Taxes 09.10.2025 42dk

  The Budget has been pushed back from October to November 26th, and that delay alone has raised eyebrows.In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant from LSR Partners explore:Why the Budget delay could signal big changesHow income tax bands, personal allowances and fiscal drag might evolveThe likely changes to pension reliefs and lump sumsVAT reforms, including the £90k registration thresholdProperty taxes: stamp duty, capital gains, and the 'mansion tax' debateInheritance tax, gifting, and the residence nil-rate bandSpeculation on wealth taxes and council tax reformAnd the elephant in the room: could the UK introduce an exit tax?This is a wide-ranging, sometimes tongue-in-cheek discussion of what the government might do to fill its £50bn fiscal gap.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Pilots and Aircrew - Do They Pay UK Tax? Statutory Residence, Treaties & Workdays Explained 11.09.2025 24dk

  Pilots, cabin crew, and international transport workers have unique rules under HMRC’s Statutory Residence Test. In this episode, Simon Roue and Laura Sant of LSR Partners unpack what counts as a UK workday, how 'deemed days' impact residency, and how tax treaties affect income for internationally mobile employees.Key topics include:Statutory Residence Test and international transportation workersDeemed days vs. physical presenceWorkday definitions under HMRC for pilotsSection 690 agreements and payroll reliefTax treaty variations (Spain vs. UAE)Risks of UK residency assumptionsIf you’re flying for a living or advising someone who is, this episode breaks it all down.lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• What’s Changed in the 2025/26 UK Tax Year: FIG Regime, Fiscal Drag and More 14.08.2025 18dk

  In this episode of The Tax Compass Podcast, Simon Roue and Laura Sant return with a comprehensive guide to the major changes in the 2025/26 UK tax year. Whether you're UK-based or an expat, you'll want to understand how these shifts could affect your tax position.They cover:The new Foreign Income and Gains (FIG) regime and who qualifiesTemporary Repatriation Facility: what it means for former remittance usersCapital Gains Tax and Business Asset Disposal ReliefInheritance tax planning in a post-non-dom regimeEmployer national insurance rate changesMaking Tax Digital for income tax and what’s coming nextFiscal drag and how it’s silently pushing people into higher tax bracketslsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Gifting Property, Money & Shares: What the UK Tax System Actually Says 10.07.2025 18dk

  Gifts can be a useful tax planning tool, but they can also come with unexpected tax bills if you don’t understand the rules. In this episode of The Tax Compass Podcast, Simon and Laura dig into the tax implications of gifting assets in the UK, from property to shares to money.You’ll learn:What taxes apply when gifting property: CGT, SDLT, and IHTHow married couples and civil partners can gift to each other tax-efficientlyWhy stamp duty can still apply even if no cash changes handsThe 7-year rule for inheritance tax (and what happens if you die before then)Real-life stories where a gift unexpectedly triggered taxWhat to consider when putting property into a trust for childrenThe difference between legal and beneficial ownershipHow to use Form 17 and a declaration of trust to adjust ownership between spousesWhy timing matters and why many opportunities can’t be applied retrospectivelyWith upcoming changes to UK inheritance tax and non-dom status rules, this is an episode you don’t want to miss if you're planning to pass on wealth.Pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• The End of Non-Doms? Understanding the UK’s New FIG Regime for Expats 12.06.2025 26dk

  In this episode of The Tax Compass Podcast, Simon Roue and Laura Sant tackle one of the most talked-about changes in UK tax for expats: the end of the non-dom regime and the arrival of the Foreign Income and Gains (FIG) regime.Whether you're a globally mobile individual, UK expat, high-net-worth resident, or just curious about how these tax reforms are reshaping the financial landscape, this episode is a must-listen.We cover:Why the non-dom remittance basis was removedHow the new FIG regime works and who qualifiesWhy wealthy individuals are leaving the UK, and where they’re goingWhat capital gains, residency, and split-year rules mean for your planningThe real-life implications of the UK’s statutory residence testPlus:Why an NHS physio in Spain raised serious questionsWhat a £200,000-a-day equity earner is doing to legally reduce her UK tax billAnd how a Mayfair restaurant closure says more than any press releaseIf you're thinking about leaving the UK or wondering how these changes affect you, book a call with our expert team:lsrpartners.comSubscribe for more tax guidance for expats and globally mobile individuals.Brought to you by LSR Partners – helping you pay the right tax in the right place at the right time.📲 Book a call with us to talk about your situation: https://lsrpartners.com🎧 Catch up on all past episodes: https://lsrpartners.com/podcast-videos
• Understanding the UK Tax System - What Expats (and Their Employers) Need to Know 15.05.2025 24dk

  In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant step back from technical details and tackle the UK tax system from the top. From the bizarre tax year (April to April) to PAYE quirks and the self-assessment minefield, we break down what new arrivals to the UK, and those supporting them, need to understand to stay compliant and avoid nasty surprises.Whether you’re an expat, globally mobile executive, or UK employer with international staff, this is your essential primer.What You’ll Learn in This Episode:Why the UK tax year runs from 6 April to 5 April (and why it still matters)How PAYE works, and when it doesn’tThe problem with receiving bonuses in AprilWhen you do (and don’t) need to file a UK tax returnHow payments on account can lead to surprise billsWhy leaving the UK mid-year often leads to tax overpaymentsWhat to do if you receive income from outside the UK while living in the UKWhy registering for self-assessment might be your best move, even if HMRC says otherwiseWho This Episode Is For:Expats living or working in the UKPeople planning to relocate to the UKUK employers with international staffIndividuals earning over £100,000Anyone who’s unsure whether PAYE is “enough”Links & Resources:LSR Partners WebsiteP85 Form – Leaving the UKCheck If You Need to File a Tax Return (HMRC Tool)Get in Touch:Have a question about your UK tax status? We specialise in helping expats and globally mobile individuals understand their position and stay compliant.Book a call: lsrpartners.com/contact
• Don’t Pay Twice: Your Guide to Double Tax Treaties 10.04.2025 27dk

  Double tax treaties might sound boring, but they could save you thousands -or cost you just as much - if misunderstood. In this episode of The Tax Compass Podcast, Simon and Laura from LSR Partners explain how these treaties really work, how the UK statutory residence test fits in, and what happens when you're resident in more than one country. We also dive into US tax quirks and wrap up with some real-life cases where tax treaties made a big difference.Whether you're living abroad, earning foreign income, or planning a move - this episode is packed with practical advice to keep you tax-compliant and stress-free.Listen now and stay ahead of the tax curve.Subscribe for more UK tax insights for expats and globally mobile individuals.
• Property Taxation 13.03.2025 26dk

  In the latest episode of the Tax Compass Podcast, Simon and Laura delve into the complexities of UK property taxation, offering valuable insights for both residents and non-residents. The discussion covers key topics such as capital gains tax implications when selling property, the nuances of the Principal Private Residence (PPR) relief, and the obligations of non-resident landlords under the UK's tax regime. Listeners will gain a comprehensive understanding of reporting requirements, allowable deductions, and strategies to ensure compliance with HMRC regulations. Whether you're considering buying, selling, or renting property in the UK, this episode provides essential guidance to navigate the tax landscape effectively.About LSR Partners: At LSR Partners, we specialise in providing tailored tax solutions for expats and international clients. Our mission is to help you pay the right tax, in the right place, at the right time. Visit lsrpartners.com and book a call.
• Are your UK pension contributions a good investment? 13.02.2025 18dk

  In this episode of The Tax Compass Podcast, we delve into the intricacies of UK pension contributions and the importance of securing tax relief. We discuss common pitfalls, especially for high earners, and emphasise why contributing without tax relief can be detrimental. Tune in to understand the nuances of annual allowances, the implications of over-contributing, and strategies to optimise your pension planning. Don't miss this essential guide to navigating the complex world of UK pensions and ensuring your contributions work effectively for your financial future.Key Topics Covered:Understanding the UK's pension tax relief systemAnnual allowances and their impact on high earnersConsequences of exceeding contribution limitsStrategies to maximise pension benefitsAbout LSR Partners: At LSR Partners, we specialise in providing tailored tax solutions for expats and international clients. Our mission is to help you pay the right tax, in the right place, at the right time. Book a call with us today to ensure your financial affairs are in order.Website: www.lsrpartners.comLinkedIn: LSR PartnersInstagram: @LSRPartnersIf you found this episode helpful, please like, subscribe, and share it with others who might benefit. Your support helps us continue to provide valuable content.Disclaimer: This podcast is for informational purposes only and does not constitute financial advice. For personalised guidance, please consult a qualified financial advisor.Pay the right tax in the right place at the right time.
• Simon's Story and the start of LSR Partners 09.01.2025 18dk

  This episode dives into a personal story that led to the creation of LSR Partners.As an expat, Simon Roue faced the complexities of bringing his family back to the UK after working overseas for 10 years. In the new episode, Simon shares his journey - how he ended up working abroad, the challenges he faced navigating UK tax rules, and why he turned to Laura Sant for her expertise.What started as a client-advisor relationship became the foundation of a partnership, and together, they built LSR Partners to help others navigate the intricate world of UK and international tax.If you need to pay the right tax in the right place at the right time nook a call with LSR Partners:Visit: lsrpartners.comEmail: clientservices@lsrpartners.comor call +44 330 165 5340 today.