Who Can Claim Seafarer Earning Deduction?
Individuals who are residents in the United Kingdom and who are working in any capacity aboard a vessel are covered by this exemption. Whether it is as a captain, deckhand, stewardess, or superyacht crew on a cruise ship, or as security or an engineer on a boat in the anti-piracy or oil sectors, or even as a cook in the merchant navy. Everyone is eligible to claim the seafarers' earnings deduction. It allows them to deduct their earnings from their taxable income in the United Kingdom only if they qualify. Other international income and profits, on the other hand, will continue to be subject to UK taxation.
Eligibility Requirements for Deduction
In order for a seafarer to be eligible for the deduction, he or she must have worked for at least 365 consecutive days during the qualifying period. This period might include non-working days. Depending on the circumstances, this period may extend over more than one tax year.
If a superyacht crew carries out duties on a vessel when the journey or portion thereof starts or finishes outside the United Kingdom; we will consider these duties, outside the UK. The UK portion of the North Sea is part of the UK. In addition, each job must include at least one travel to a foreign port throughout the course of the tax year.
Duration of the Visit for Seafarer’s Claim
Visits to the UK must not exceed 183 consecutive days or one-half of the qualifying period; if the total part includes midnights as well. In the case of the latter, the time period implicated is from the first day of the period spent abroad to the final day of the period spent abroad after the last visit to the United Kingdom.
How SKATAX can help you?
We are a seafarer's tax advisors that provide merchant seamen and seafarers with solid income tax guidance. We have saved our customers literally millions of pounds in income tax throughout the course of our existence.
For over years, SK Accountants and Tax Consultants Ltd have been filing tax returns on behalf of sailors. By working with us, when it comes to dealing with your tax problems you will not have to wonder anymore, "Am I receiving everything I should get?" In addition, we deal with international laborers who are working on shore side in other countries rather than aboard ships. Our seafarer's tax advisors can provide you with all of the assistance you need. He will ensure that you meet the requirements for a non-residency claim.
Get In Touch With Us Today!
We hope you will find the material on this website to be useful. Please do not hesitate to contact us. We will let you know about your eligibility to receive your income tax refund. Call us or send us an email if you have any questions about your income tax obligations. In order to avoid wasting any more time, complete the relevant paperwork and submit them to us. And then we may begin investigating your case immediately.