Seafarers tax affairs

[SmileyGiley]

Any rumours the UK seafarers allowance is to be phased out? Not trying to cause any kerfuffle & I haven't heard anything... but I did wonder if there was a middle term plan... Comments?

 

[philip_stevens]

Any rumours the UK seafarers allowance is to be phased out? Not trying to cause any kerfuffle & I haven't heard anything... but I did wonder if there was a middle term plan... Comments?

Have a read of this from the MN Nautilus magazine.

 

[SmileyGiley]

Update from one of my colleagues:

http://www.hm-treasury.gov.uk/d/ots_review_tax_reliefs_final_report.pdf

This is the report on the tax review team on SED. Not immediately under threat, but may be tightened up to exclude non bridge/deck crew.

 

[Andrew Baker]

Don't forget even if the seafarers' earnings deduction rules were to be phased out there are still the non-resident rules to be considered.