HarleyTax has teamed up with Chartered Accountants HardingLewis and other international specialists, to help provide and support a simple and cost effective compliance guidance service, aimed particularly at UK based overseas contract workers in the international event management sector.
The tax world is getting ever more complex and onerous, and with the “Common Reporting Standard” (see footnote) having left the station, you need to be on the train or you could be hit by it!
We aim to provide a help point and touchstone for compliance and will review, check and ultimately (subject to terms and conditions) submit your return and become your UK tax agent.
We would assist with tax return completion, check your assessment and carry out any sensitive discussions with HMRC for you.
We will make sure you get it right, keep it simple and legal and you can get on with your life without worrying about a tax compliance burden.
We aim to have a low cost entry point for this service, our basic services will be just $25 USD (or currency equivalent) per month, for most individuals.
We will provide you with a professional industry standard letter of engagement.
If you have issues or queries that become more complex and require more detailed input and advice, then we would seek to agree the basis of any further charging with you, before any additional charges are made.
We also intend as part of this service to produce rolling helpful fact sheets on the tax regime in countries where major sporting events will be held, such as the UK hosted 2015 Rugby World Cup or the 2016 Olympic Games held in Rio de Janeiro. These will ultimately be provided online and free to our clients and available securely over the web.
— Nigel Wood ACA, TEP, ITPA
Footnote: The Common Reporting Standard, formally referred to as the Standard for Automatic Exchange of Financial Account Information, is an information standard for the Automatic Exchange of Information (AEoI), developed in the context of the Organisation for Economic Co-operation and Development (OECD). The legal basis for exchange of data is the Convention on Mutual Administrative Assistance in Tax Matters and the idea is based on the USA Foreign Account Tax Compliance Act (FATCA) implementation agreements.
Please contact us if you would like to know whether we can help you.
For example with tax implications of working in: Australia, Canada, the Republic of South Africa, New Zealand or the United States of America.
We hope to expand our range of cover to other Nationals soon.