UK taxpayers with foreign income face January 31 deadline to avoid fines and double taxation.

The UK's tax authority, HMRC, has warned taxpayers with foreign income about the upcoming January 31 deadline to avoid double taxation and potential fines. Taxpayers are advised to claim Foreign Tax Credit Relief or seek tax advice from experts to ensure they do not overpay or miss out on tax relief. Navigating international tax laws can be complex, and prompt action is crucial to avoid penalties and legal issues.

2 months ago
3 Articles

Further Reading