Personal tax

Belka Tax paid in Poland. Can HMRC still inquire about interest from your account?

Do you have a bank account in Poland and live in the UK? Then it's worth knowing whether the Belka tax truly settles all your tax obligations. In this article, we explain how interest taxation works in Poland, what British regulations say on the matter, and when it's advisable to review your settlements from HMRC's perspective.

New UK Inheritance Tax Rules: How to Safely Plan Asset Transfer After Returning to Poland?

Have you packed your bags, tied up your affairs in the UK, and are counting down the days until you return to Poland? Even if you're buying a home in Poland and moving your life there, the British tax authorities might not lose track of you. This article will explain how the new, stringent 'long-term resident' rules work and why UK inheritance tax could pursue your assets for up to 10 years after your return to Poland.

How does HMRC catch people who don't pay taxes?

HMRC coraz rzadziej pyta w ciemno, bo sztuczna inteligencja, CRS, banki i platformy internetowe pomagają mu połączyć rachunki, przelewy, zagraniczne dochody i deklaracje podatkowe w jeden obraz podatnika. W artykule pokazuję prawdziwe listy z HMRC i polskiego urzędu skarbowego oraz wyjaśniam, dlaczego pytanie „skąd oni to wiedzą?” może pojawić się dużo za późno.

What does MTD mean for the self-employed, landlords, and small businesses in the UK?

Samozatrudnionych i landlordów w UK czeka chaos! W artykule wyjaśniam prostym językiem, kogo dotyczy MTD, czym jest qualifying income, czy trzeba płacić podatek co kwartał i dlaczego dostęp do własnego oprogramowania może dać właścicielowi biznesu większą kontrolę nad finansami.

All about Tax Disclosure in the UK: How I Got a Priest to Come Clean About His Taxes

W tym artykule pokazuję na przykładzie księdza Piotra, czym jest Tax Disclosure, skąd HMRC może wiedzieć o zagranicznych dochodach i dlaczego pierwsza odpowiedź do urzędu może zdecydować o tym, czy sprawę uda się spokojnie uporządkować, czy otworzymy sobie kolejne problemy.

Interest from Poland - how to declare it in the UK and what about the tax implications?

Many Poles living in the UK still use bank accounts in Poland, where interest accrues. In such cases, the bank automatically deducts a 19% tax, which in the Polish system typically concludes the matter. However, in relation to the UK, the situation is different. In this article, we explain how interest from Poland is treated, why the deducted tax is not always the final settlement, and what UK tax residents need to consider.

Six months in Spain, six months in the UK – how to avoid the trap of double tax residency?

Remote work has led more and more people to dream of a life split between countries. A few months in the UK, a few in Spain, British earnings, and a southern climate – it sounds like an ideal compromise. In practice, however, such a lifestyle requires much more than just good flight connections, because the key question is: where does tax residency arise in such a situation?

What penalties apply for not filing Self Assessment and how does HMRC treat undeclared income?

Do you think small extra earnings don't need to be declared? Many people only learn about this obligation after receiving a letter from HMRC. Read on to find out if this applies to you too.

"Nudge Letter." What does it mean when the tax office "gently reminds" you about taxes?

At first glance, it looks innocent, but it can have serious consequences. More and more Poles in the UK are receiving letters from HMRC about foreign income, and many still don't know what they truly mean.

Tax disclosure in the UK. How one PIT from Poland revealed a chain of errors and a tax refund!

Poznaj historię Marka - Polaka, który przez lata płacił podatki w złym kraju. To kosztowało go milion, zanim odkrył prawdę.

Tax residency is not such a simple matter!

Each country has its own rules for determining tax residency, and for people living abroad, the lines often blur. Klaudia's story shows that it's not just about math or merely 183 days, but also the risk of double taxation and the daily reality of living between two countries.

Taxation of employee shares in the United Kingdom

Receiving shares from an employer can seem like great news, especially when one believes they are part of a special program like SIP, which allows avoiding high taxes. Unfortunately, it very often turns out that the situation is not what it seemed.

You earned a pittance, but you could pay a fortune! Online selling demystified.

HMRC Doesn't Forget! What to do if you ignore a letter from the tax office?

Capital Gains Tax (CGT) - taxable and tax-exempt assets

Which assets are taxable and which are exempt from Capital Gains Tax (CGT)? An explanation with examples

He transferred rental income to his mother. What are the consequences?

Transferring rental income to a third party can result in high penalties. Learn how to avoid problems with HMRC and what regulations apply to you.

HMRC is pursuing taxes on cryptocurrency transactions

HMRC is sending letters to individuals who have engaged in cryptocurrency transactions and may not have paid the correct amount of tax. Here's what you need to know.

Taxation of pensions in the UK: What Polish pensioners need to know.

Do you have to pay taxes in the UK on your Polish pension?

Double taxation of British non-residents

Sprawa Marcina dotycząca jego statusu podatkowego i składek ubezpieczeniowych po planowanym powrocie do Polski, przy jednoczesnym kontynuowaniu pracy dla brytyjskiego pracodawcy.

Will HMRC catch you for renting in Poland?

The story of Mr. Robert, who had to face the consequences of tax negligence.

Interest from bank deposits in Poland, UK residency - where to declare?

Do you have deposits in a Polish bank? You need to pay HMRC tax on the income earned from them!

Property rental in the UK and expense accounting

Are you planning to earn income from property rental? Find out which expenses you can deduct!

The UK tax code - what does it mean?

Check if you have the correct tax code

Self-assessment - do it yourself, step by step

Low-income individuals can complete their self-assessment in minutes. With good instructions, it's quite simple. Watch the video.

What penalties await you if you don't file your Self Assessment tax return?

Learn Adam's story – an Uber driver

England: Changes to tenant rights!

The government is changing the law to ensure tenants have the right to keep pets and to prevent no-fault evictions.

Residential relief on property sales – settling with the tax authorities

Here are some ways to reduce the tax owed on a sale

VIDEO: File your cryptocurrency taxes yourself!

What does cryptocurrency tax entail?

Reduce Your Taxes with Pension Contributions!

By paying pension contributions, you are entitled to tax relief – save on taxes by investing in your future.

VIDEO: Cryptocurrencies and Taxes

Since HMRC published a new manual on cryptocurrencies, capital gains taxes have become even harder to declare

How to optimize taxes and earnings?

You can earn up to £24,800 a year without paying any tax – legal tax optimization