<![CDATA[The Tax Compass Podcast]]>24299fcd-d854-5447-b0ae-047bcb3dfa5fThu, 12 Mar 2026 06:00:34 +0000Captivate.fmLSR Partners LLPhttps://artwork.captivate.fm/b5afc782-cec0-4a01-af13-283baf126f48/X9ZttjNpbyJzQSIG7sXHSGq1.jpgThe Tax Compass PodcastLSR Partners LLPLSR Partners LLPThe Tax Compass Podcast helps globally mobile individuals, expats, and internationally connected professionals navigate the complexities of the UK tax system with clarity, honesty, and real-world insight. Hosted by tax advisers Simon Roue and Dr. Laura Sant from LSR Partners, each episode dives into the issues that matter most if you’re living, investing, or working across borders. You’ll get plain-English explanations, practical tips, and expert analysis on topics like: UK tax residency and the Statutory Residence Test The impact of changes to non-dom status and foreign income rules Inheritance Tax, gifting, and wealth transfer Tax planning for remote workers, international employees, and entrepreneurs HMRC compliance, tax returns, and real case studies How to pay the right tax in the right place at the right time If you’re unsure what your obligations are, or if you suspect you’re paying too much, this podcast is your compass for making smarter, simpler tax decisions. Whether you’re a British expat, a non-dom living in the UK, or someone with property, family, or investments across borders, this is your go-to source for tax clarity and confidence. 🧭 Brought to you by LSR Partners – helping you pay the right tax, in the right place, at the right time. 📲 Book a call or learn more at lsrpartners.comhttps://lsrpartners.com/podcast-videos/falseepisodicnopodcastUK Pensions Explained: Annual Allowance, Tapering & Salary Sacrifice ChangesUK Pensions Explained: Annual Allowance, Tapering & Salary Sacrifice ChangesPensions are powerful, but they are increasingly complex.

In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down:

  1. The £60,000 annual allowance
  2. What counts towards it
  3. The tapered annual allowance for high earners
  4. Annual allowance charges
  5. Carry forward
  6. Salary sacrifice vs relief at source
  7. The National Insurance angle
  8. Proposed changes that could affect employer contributions

If you earn over £100,000, and especially over £200,000, this episode is essential listening.

We explain how to avoid common pension mistakes and why employer contributions may change in the near future.

lsrpartners.com

Subscribe 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

]]>Pensions are powerful, but they are increasingly complex.

In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down:

  1. The £60,000 annual allowance
  2. What counts towards it
  3. The tapered annual allowance for high earners
  4. Annual allowance charges
  5. Carry forward
  6. Salary sacrifice vs relief at source
  7. The National Insurance angle
  8. Proposed changes that could affect employer contributions

If you earn over £100,000, and especially over £200,000, this episode is essential listening.

We explain how to avoid common pension mistakes and why employer contributions may change in the near future.

lsrpartners.com

Subscribe 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

]]>2f810e7b-7a36-4577-907b-69a6843f1c53Thu, 12 Mar 2026 06:00:00 +000023:40falsefull118181Temporary Non-Residence Explained: UK Tax Risks for People Leaving the UKTemporary Non-Residence Explained: UK Tax Risks for People Leaving the UKLeaving the UK doesn’t always mean leaving UK tax behind.

In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down the UK’s Temporary Non-Residence rules; a complex but critical area for anyone moving abroad.

If you’ve been UK tax resident for 4 of the last 7 years, leaving the UK for fewer than 5 full tax years can trigger anti-avoidance rules that bring overseas income and gains back into UK tax when you return.

We explore how this applies in practice, why it exists, and how recent Budget changes make careful planning more important than ever.

This episode is essential for:

  1. Entrepreneurs and business owners
  2. Individuals with pensions or investment portfolios
  3. Anyone considering relocating abroad, even temporarily

You’ll walk away with clarity, confidence, and a better understanding of how to protect yourself from unexpected UK tax bills.

lsrpartners.com

Subscribe 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

]]>Leaving the UK doesn’t always mean leaving UK tax behind.

In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down the UK’s Temporary Non-Residence rules; a complex but critical area for anyone moving abroad.

If you’ve been UK tax resident for 4 of the last 7 years, leaving the UK for fewer than 5 full tax years can trigger anti-avoidance rules that bring overseas income and gains back into UK tax when you return.

We explore how this applies in practice, why it exists, and how recent Budget changes make careful planning more important than ever.

This episode is essential for:

  1. Entrepreneurs and business owners
  2. Individuals with pensions or investment portfolios
  3. Anyone considering relocating abroad, even temporarily

You’ll walk away with clarity, confidence, and a better understanding of how to protect yourself from unexpected UK tax bills.

lsrpartners.com

Subscribe 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

]]>42f829b3-0e07-4592-8967-2aecadd83c0dThu, 12 Feb 2026 06:00:00 +000030:15falsefull117171Temporary Non-Residence Explained: UK Tax Risks for People Leaving the UKTemporary Non-Residence Explained: UK Tax Risks for People Leaving the UKLeaving the UK doesn’t always mean leaving UK tax behind.

In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down the UK’s Temporary Non-Residence rules; a complex but critical area for anyone moving abroad.

If you’ve been UK tax resident for 4 of the last 7 years, leaving the UK for fewer than 5 full tax years can trigger anti-avoidance rules that bring overseas income and gains back into UK tax when you return.

We explore how this applies in practice, why it exists, and how recent Budget changes make careful planning more important than ever.

This episode is essential for:

  1. Entrepreneurs and business owners
  2. Individuals with pensions or investment portfolios
  3. Anyone considering relocating abroad, even temporarily

You’ll walk away with clarity, confidence, and a better understanding of how to protect yourself from unexpected UK tax bills.

lsrpartners.com

Subscribe 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

]]>Leaving the UK doesn’t always mean leaving UK tax behind.

In this episode of the Tax Compass Podcast, Simon Roue and Laura Sant break down the UK’s Temporary Non-Residence rules; a complex but critical area for anyone moving abroad.

If you’ve been UK tax resident for 4 of the last 7 years, leaving the UK for fewer than 5 full tax years can trigger anti-avoidance rules that bring overseas income and gains back into UK tax when you return.

We explore how this applies in practice, why it exists, and how recent Budget changes make careful planning more important than ever.

This episode is essential for:

  1. Entrepreneurs and business owners
  2. Individuals with pensions or investment portfolios
  3. Anyone considering relocating abroad, even temporarily

You’ll walk away with clarity, confidence, and a better understanding of how to protect yourself from unexpected UK tax bills.

lsrpartners.com

Subscribe 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

]]>be8c6412-fbfe-4e9b-8b1f-ae1b5a45a71aThu, 12 Feb 2026 06:00:00 +000030:15falsefull117171MTD for Income Tax: Who’s In, When It Starts, and How to Prepare (Without the Panic)MTD for Income Tax: Who’s In, When It Starts, and How to Prepare (Without the Panic)Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is approaching fast, and HMRC’s advertising push is only adding to the noise. In this episode, Simon and Laura cut through the confusion and explain exactly who MTD ITSA applies to, when it starts, and what the practical impact will be for sole traders and landlords. You get the key thresholds (and how they step down each year), what quarterly reporting really means, what software you’ll need, and where people are most likely to get caught out, especially non-resident landlords and internationally mobile taxpayers.

Key topics covered:

  • What “MTD ITSA” actually is (and how it differs from MTD for VAT)
  • Start date: 6 April 2026 — who must join first
  • The staged income (turnover) thresholds:
  • £50,000+ from 6 April 2026
  • £30,000+ from 6 April 2027
  • £20,000+ from 6 April 2028
  • It applies to sole traders and landlords (not partnerships, yet)
  • Turnover means income/receipts, not profit
  • Multiple sources add together (e.g., trading + rental income)
  • The 'quarterly update' reality: unadjusted/cash-style reporting, with year-end adjustments later
  • The admin shock for landlords and those below the VAT threshold who haven’t kept digital records before
  • Practical considerations: separate bank accounts, receipt capture, and staying 'MTD-ready'
  • Who may be outside the system (e.g., certain non-residents without a National Insurance number; digitally excluded individuals)
  • Non-residents: reporting focuses on UK-taxable elements, not worldwide income
  • Why HMRC is doing it (and why it may feel like more admin than 'business insight')
  • What still isn’t clear: how HMRC will calculate payments/tax due during the year

lsrpartners.com

Subscribe 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

]]>Making Tax Digital for Income Tax Self Assessment (MTD ITSA) is approaching fast, and HMRC’s advertising push is only adding to the noise. In this episode, Simon and Laura cut through the confusion and explain exactly who MTD ITSA applies to, when it starts, and what the practical impact will be for sole traders and landlords. You get the key thresholds (and how they step down each year), what quarterly reporting really means, what software you’ll need, and where people are most likely to get caught out, especially non-resident landlords and internationally mobile taxpayers.

Key topics covered:

  • What “MTD ITSA” actually is (and how it differs from MTD for VAT)
  • Start date: 6 April 2026 — who must join first
  • The staged income (turnover) thresholds:
  • £50,000+ from 6 April 2026
  • £30,000+ from 6 April 2027
  • £20,000+ from 6 April 2028
  • It applies to sole traders and landlords (not partnerships, yet)
  • Turnover means income/receipts, not profit
  • Multiple sources add together (e.g., trading + rental income)
  • The 'quarterly update' reality: unadjusted/cash-style reporting, with year-end adjustments later
  • The admin shock for landlords and those below the VAT threshold who haven’t kept digital records before
  • Practical considerations: separate bank accounts, receipt capture, and staying 'MTD-ready'
  • Who may be outside the system (e.g., certain non-residents without a National Insurance number; digitally excluded individuals)
  • Non-residents: reporting focuses on UK-taxable elements, not worldwide income
  • Why HMRC is doing it (and why it may feel like more admin than 'business insight')
  • What still isn’t clear: how HMRC will calculate payments/tax due during the year

lsrpartners.com

Subscribe 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

]]>fcedc3a4-ede9-4e46-a32d-7f54f6a9a1a8Thu, 08 Jan 2026 06:00:00 +000026:13falsefull116161Self Assessment Explained: When to File, How to Exit, Refunds & PenaltiesSelf 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 <£3,000)
  • Who must file now: self-employment/partnerships, UK property income, dividends/investment income over reporting thresholds, higher income child benefit charge, foreign income, remittance basis claims, etc.
  • Residency & SA109: when Govt Gateway won’t cut it; why non-residents/remittance basis users usually need commercial software or an agent.
  • Leaving the UK: when P85 is helpful (and when it isn’t); split-year treatment; getting your filing requirement withdrawn so penalties don’t snowball.
  • Refunds from UK payroll while abroad: why HMRC may resist opening Self Assessment; PAYE vs SA systems; practical routes that actually work.
  • Simple Assessment letters: what they mean and how they interact with Self Assessment (and refunds).
  • Payments on account: triggers, dates, and what’s excluded (e.g., CGT, Class 2 NICs, student loans).
  • Getting out of the system: when HMRC auto-removes you, and when you need to be proactive.
  • Penalties & appeals: common pitfalls (address changes, missed notices, late filings) and how to prevent/resolve them.

Key Takeaways:

  • File earlier for cashflow clarity and faster refunds; tax is still due 31 Jan.
  • If you claim the remittance basis or are non-resident, expect to need SA109 (not available via basic Govt Gateway).
  • Tell HMRC you’ve left and actively withdraw filing requirements. Don’t assume the system will.
  • Payments on account can sting the first year but self-correct over time.
  • When in doubt, get specialist support so you get clarity and confidence and avoid unnecessary penalties.

lsrpartners.com

Subscribe 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

]]>Self 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 <£3,000)
  • Who must file now: self-employment/partnerships, UK property income, dividends/investment income over reporting thresholds, higher income child benefit charge, foreign income, remittance basis claims, etc.
  • Residency & SA109: when Govt Gateway won’t cut it; why non-residents/remittance basis users usually need commercial software or an agent.
  • Leaving the UK: when P85 is helpful (and when it isn’t); split-year treatment; getting your filing requirement withdrawn so penalties don’t snowball.
  • Refunds from UK payroll while abroad: why HMRC may resist opening Self Assessment; PAYE vs SA systems; practical routes that actually work.
  • Simple Assessment letters: what they mean and how they interact with Self Assessment (and refunds).
  • Payments on account: triggers, dates, and what’s excluded (e.g., CGT, Class 2 NICs, student loans).
  • Getting out of the system: when HMRC auto-removes you, and when you need to be proactive.
  • Penalties & appeals: common pitfalls (address changes, missed notices, late filings) and how to prevent/resolve them.

Key Takeaways:

  • File earlier for cashflow clarity and faster refunds; tax is still due 31 Jan.
  • If you claim the remittance basis or are non-resident, expect to need SA109 (not available via basic Govt Gateway).
  • Tell HMRC you’ve left and actively withdraw filing requirements. Don’t assume the system will.
  • Payments on account can sting the first year but self-correct over time.
  • When in doubt, get specialist support so you get clarity and confidence and avoid unnecessary penalties.

lsrpartners.com

Subscribe 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

]]>1f8d5f37-f7c4-4c98-9a4a-f8f9487254f2Thu, 11 Dec 2025 00:00:00 +000026:04falsefull115151Autumn Budget 2025: The Key Tax Changes You Need to KnowAutumn 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 2031

What 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 income

What the 2% rise means for investors and landlords from 2026/27.

• Abolition of dividend tax credits for non-residents

What your new two-option framework looks like if you receive UK dividends from overseas.

• Updated anti-avoidance rules for temporary non-residents

Why 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 2027

How 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.com

Subscribe 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 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 2031

What 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 income

What the 2% rise means for investors and landlords from 2026/27.

• Abolition of dividend tax credits for non-residents

What your new two-option framework looks like if you receive UK dividends from overseas.

• Updated anti-avoidance rules for temporary non-residents

Why 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 2027

How 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.com

Subscribe 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

]]>931a7dc0-bb40-4be0-8ad9-c110c8ad2da4Thu, 27 Nov 2025 06:00:00 +000029:45falsefull114141One Year of the Tax Compass Podcast: Real Stories, Real Decisions, Real Tax Impacts.One 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 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.com

Subscribe 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.com

Subscribe 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

]]>e8fae55d-f383-42b1-81d9-cb568c531609Thu, 13 Nov 2025 00:00:00 +000028:58falsefull113131Budget 2025 Speculation - Income Tax, Pensions, VAT & the Risk of Exit TaxesBudget 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 changes
  • How income tax bands, personal allowances and fiscal drag might evolve
  • The likely changes to pension reliefs and lump sums
  • VAT reforms, including the £90k registration threshold
  • Property taxes: stamp duty, capital gains, and the 'mansion tax' debate
  • Inheritance tax, gifting, and the residence nil-rate band
  • Speculation on wealth taxes and council tax reform
  • And 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.com

Subscribe 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 changes
  • How income tax bands, personal allowances and fiscal drag might evolve
  • The likely changes to pension reliefs and lump sums
  • VAT reforms, including the £90k registration threshold
  • Property taxes: stamp duty, capital gains, and the 'mansion tax' debate
  • Inheritance tax, gifting, and the residence nil-rate band
  • Speculation on wealth taxes and council tax reform
  • And 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.com

Subscribe 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

]]>18d8ccde-38d4-41db-bc11-4099cd24a39dThu, 09 Oct 2025 00:00:00 +000042:04falsefull112121Pilots and Aircrew - Do They Pay UK Tax? Statutory Residence, Treaties & Workdays ExplainedPilots 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 workers
  • Deemed days vs. physical presence
  • Workday definitions under HMRC for pilots
  • Section 690 agreements and payroll relief
  • Tax treaty variations (Spain vs. UAE)
  • Risks of UK residency assumptions

If you’re flying for a living or advising someone who is, this episode breaks it all down.

lsrpartners.com

Subscribe 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 workers
  • Deemed days vs. physical presence
  • Workday definitions under HMRC for pilots
  • Section 690 agreements and payroll relief
  • Tax treaty variations (Spain vs. UAE)
  • Risks of UK residency assumptions

If you’re flying for a living or advising someone who is, this episode breaks it all down.

lsrpartners.com

Subscribe 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

]]>43c63a43-9f61-4c23-b77d-a99a34d9f9c0Thu, 11 Sep 2025 06:00:00 +000024:12falsefull111111What’s Changed in the 2025/26 UK Tax Year: FIG Regime, Fiscal Drag and MoreWhat’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 qualifies
  • Temporary Repatriation Facility: what it means for former remittance users
  • Capital Gains Tax and Business Asset Disposal Relief
  • Inheritance tax planning in a post-non-dom regime
  • Employer national insurance rate changes
  • Making Tax Digital for income tax and what’s coming next
  • Fiscal drag and how it’s silently pushing people into higher tax brackets

lsrpartners.com

Subscribe 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 qualifies
  • Temporary Repatriation Facility: what it means for former remittance users
  • Capital Gains Tax and Business Asset Disposal Relief
  • Inheritance tax planning in a post-non-dom regime
  • Employer national insurance rate changes
  • Making Tax Digital for income tax and what’s coming next
  • Fiscal drag and how it’s silently pushing people into higher tax brackets

lsrpartners.com

Subscribe 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

]]>cede591e-b2e1-4e96-be18-45c41ae73a8cThu, 14 Aug 2025 06:00:00 +000018:58falsefull110101Gifting Property, Money & Shares: What the UK Tax System Actually SaysGifting 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 IHT
  • How married couples and civil partners can gift to each other tax-efficiently
  • Why stamp duty can still apply even if no cash changes hands
  • The 7-year rule for inheritance tax (and what happens if you die before then)
  • Real-life stories where a gift unexpectedly triggered tax
  • What to consider when putting property into a trust for children
  • The difference between legal and beneficial ownership
  • How to use Form 17 and a declaration of trust to adjust ownership between spouses
  • Why timing matters and why many opportunities can’t be applied retrospectively

With 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

]]>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 IHT
  • How married couples and civil partners can gift to each other tax-efficiently
  • Why stamp duty can still apply even if no cash changes hands
  • The 7-year rule for inheritance tax (and what happens if you die before then)
  • Real-life stories where a gift unexpectedly triggered tax
  • What to consider when putting property into a trust for children
  • The difference between legal and beneficial ownership
  • How to use Form 17 and a declaration of trust to adjust ownership between spouses
  • Why timing matters and why many opportunities can’t be applied retrospectively

With 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

]]>8225a017-f104-4c5e-8721-cb28e851ed10Thu, 10 Jul 2025 06:00:00 +000018:34falsefull1991The End of Non-Doms? Understanding the UK’s New FIG Regime for ExpatsThe 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 removed
  • How the new FIG regime works and who qualifies
  • Why wealthy individuals are leaving the UK, and where they’re going
  • What capital gains, residency, and split-year rules mean for your planning
  • The real-life implications of the UK’s statutory residence test

Plus:

  • Why an NHS physio in Spain raised serious questions
  • What a £200,000-a-day equity earner is doing to legally reduce her UK tax bill
  • And how a Mayfair restaurant closure says more than any press release

If you're thinking about leaving the UK or wondering how these changes affect you, book a call with our expert team:

lsrpartners.com

Subscribe 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 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 removed
  • How the new FIG regime works and who qualifies
  • Why wealthy individuals are leaving the UK, and where they’re going
  • What capital gains, residency, and split-year rules mean for your planning
  • The real-life implications of the UK’s statutory residence test

Plus:

  • Why an NHS physio in Spain raised serious questions
  • What a £200,000-a-day equity earner is doing to legally reduce her UK tax bill
  • And how a Mayfair restaurant closure says more than any press release

If you're thinking about leaving the UK or wondering how these changes affect you, book a call with our expert team:

lsrpartners.com

Subscribe 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

]]>cc17d2eb-c290-479f-a8b3-029d836a5c96Thu, 12 Jun 2025 06:00:00 +000026:39falsefull1881Understanding the UK Tax System - What Expats (and Their Employers) Need to KnowUnderstanding 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 year runs from 6 April to 5 April (and why it still matters)
  • How PAYE works, and when it doesn’t
  • The problem with receiving bonuses in April
  • When you do (and don’t) need to file a UK tax return
  • How payments on account can lead to surprise bills
  • Why leaving the UK mid-year often leads to tax overpayments
  • What to do if you receive income from outside the UK while living in the UK
  • Why registering for self-assessment might be your best move, even if HMRC says otherwise

Who This Episode Is For:

  • Expats living or working in the UK
  • People planning to relocate to the UK
  • UK employers with international staff
  • Individuals earning over £100,000
  • Anyone who’s unsure whether PAYE is “enough”

Links & Resources:


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

]]>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’t
  • The problem with receiving bonuses in April
  • When you do (and don’t) need to file a UK tax return
  • How payments on account can lead to surprise bills
  • Why leaving the UK mid-year often leads to tax overpayments
  • What to do if you receive income from outside the UK while living in the UK
  • Why registering for self-assessment might be your best move, even if HMRC says otherwise

Who This Episode Is For:

  • Expats living or working in the UK
  • People planning to relocate to the UK
  • UK employers with international staff
  • Individuals earning over £100,000
  • Anyone who’s unsure whether PAYE is “enough”

Links & Resources:


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

]]>721e3e85-3f1e-4927-bca8-443dd51e5e23Thu, 15 May 2025 06:00:00 +000024:48falsefull1771Don’t Pay Twice: Your Guide to Double Tax TreatiesDon’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 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.

]]>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.

]]>4ab90d65-8a69-40fe-920c-922a158d8d26Thu, 10 Apr 2025 06:00:00 +000027:14falsefull1661Property TaxationProperty 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 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 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.

]]>1511d805-e12a-44d6-825a-7705179de604Thu, 13 Mar 2025 06:00:00 +000026:56falsefull1551Are your UK pension contributions a good investment?Are 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 system
  • Annual allowances and their impact on high earners
  • Consequences of exceeding contribution limits
  • Strategies to maximise pension benefits

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.

Book a call with us today to ensure your financial affairs are in order.

Website: www.lsrpartners.com

LinkedIn: LSR Partners

Instagram: @LSRPartners

If 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.

]]>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 system
  • Annual allowances and their impact on high earners
  • Consequences of exceeding contribution limits
  • Strategies to maximise pension benefits

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.

Book a call with us today to ensure your financial affairs are in order.

Website: www.lsrpartners.com

LinkedIn: LSR Partners

Instagram: @LSRPartners

If 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.

]]>56581136-0ede-44ff-9841-bab51efe31f3Thu, 13 Feb 2025 06:00:00 +000018:08falsefull1441Simon's Story and the start of LSR PartnersSimon'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 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.com

Email: clientservices@lsrpartners.com

or call +44 330 165 5340 today.

]]>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.com

Email: clientservices@lsrpartners.com

or call +44 330 165 5340 today.

]]>8fb5826c-8062-49bf-91be-50f74bde4eb6Thu, 09 Jan 2025 06:00:00 +000018:35falsefull1331The Abolition of the UK Non-Domicile System and Overseas Workday ReliefThe 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.com

Email: clientservices@lsrpartners.com

or 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.com

Email: clientservices@lsrpartners.com

or call +44 330 165 5340 today

]]>1c3e0cfa-cf4b-4ea8-a6ae-e468a2f4b27bThu, 21 Nov 2024 06:00:00 +000031:00falsefull1221The 2024 UK BudgetThe 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.com

Email: clientservices@lsrpartners.com

or 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.com

Email: clientservices@lsrpartners.com

or call +44 330 165 5340 today

]]>d1b74e96-9319-403f-84c0-22f459778d71Wed, 06 Nov 2024 06:00:00 +000025:21falsefull1111