The Tax Compass Podcast

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

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

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, 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

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

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

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

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

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.

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.

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.

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.

The UK Non-domicile system is being abolished from the 6th April 2025. Simon Roue and Laura Sant look at the changes to the rules and Overseas Workday Relief and how this will affect non-doms, expats and people looking to move to the UK.If you need to pay the right tax in the right place at the right time contact LSR Partners:Visit: lsrpartners.comEmail: clientservices@lsrpartners.comor call +44 330 165 5340 today

A look at the 2024 UK Budget one week on. Simon Roue and Laura Sant talk through the tax implications for their global clients, including National Insurance, Non-Dom Rules, Statutory Residence Test, Capital Gains Tax and more.If you need to pay the right tax in the right place at the right time contact LSR Partners:Visit: lsrpartners.comEmail: clientservices@lsrpartners.comor call +44 330 165 5340 today