Shows
The Tax Compass PodcastSelf Assessment Explained: When to File, How to Exit, Refunds & PenaltiesSelf 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
2025-12-1126 min
The Tax Compass PodcastAutumn Budget 2025: The Key Tax Changes You Need to KnowIn 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...
2025-11-2729 min
The Tax Compass PodcastOne Year of the Tax Compass Podcast: Real Stories, Real Decisions, Real Tax Impacts.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 al...
2025-11-1328 min
The Tax Compass PodcastBudget 2025 Speculation - Income Tax, Pensions, VAT & the Risk of Exit TaxesThe 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: c...
2025-10-0942 min
The Tax Compass PodcastPilots and Aircrew - Do They Pay UK Tax? Statutory Residence, Treaties & Workdays ExplainedPilots, 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...
2025-09-1124 min
The Tax Compass PodcastWhat’s Changed in the 2025/26 UK Tax Year: FIG Regime, Fiscal Drag and MoreIn 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 ho...
2025-08-1418 min
The Tax Compass PodcastGifting Property, Money & Shares: What the UK Tax System Actually SaysGifts 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...
2025-07-1018 min
The Tax Compass PodcastThe End of Non-Doms? Understanding the UK’s New FIG Regime for ExpatsIn 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 w...
2025-06-1226 min
The Tax Compass PodcastUnderstanding the UK Tax System - What Expats (and Their Employers) Need to KnowIn 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...
2025-05-1524 min
The Tax Compass PodcastDon’t Pay Twice: Your Guide to Double Tax TreatiesDouble 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...
2025-04-1027 min
The Tax Compass PodcastProperty TaxationIn 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...
2025-03-1326 min
The Tax Compass PodcastAre your UK pension contributions a good investment?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...
2025-02-1318 min
The Tax Compass PodcastSimon's Story and the start of LSR PartnersThis 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...
2025-01-0918 min
The Tax Compass PodcastThe Abolition of the UK Non-Domicile System and Overseas Workday ReliefThe 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
2024-11-2131 min
The Tax Compass PodcastThe 2024 UK BudgetA 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
2024-11-0625 min