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Seatax are offering services to yacht crew members to ensure they will not become liable to pay tax in two countries. H M Revenue and Customs have been executing double taxation agreements with numerous nations to ensure that tax is only payable in one country, If you are a UK resident you will be liable to declare your worldwide income even if the income was not brought into the UK.
However, as a resident of the UK, you may be eligible to claim the seafarers earnings deduction.
Professional Yacht Crew members who may potentially be in a double taxation agreement include the following:
- Captains
- Officers
- Any Personnel aboard a Yacht
Seafarers Earnings Deduction Rules, things to remember:
- Misinterpretations of the rules often occur due to its complexity.
- The claim is determined not just by the day count, the half rule must also be considered.
- If H M Revenue & Customs refunds your taxes in a particular year, this does not necessarily mean that your claim has been checked and agreed.
- Discharge book, certificates of discharge, sea service testimonials, flight documentation, etc. are all important documents which need to be kept with you indefinitely.
We have been providing Tax advice to seafarers for over 30 years. We are highly experienced in making sure that yacht crew members’ tax affairs are in order.
Contact us
Contact us
Business Email - info@seatax.ltd.uk
Telephone Number - +44 1302 364673
Fax Number - (01302)738526
Business Hours - Mon – Fri : 9am to 5pm
Address - Elgin House 83 Thorne Road, Doncaster
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