Course description
Overseas Workday Relief (OWR) is a valuable exemption only available to foreign domiciled UK tax residents which treats part of the earnings from a UK employment wholly or partly performed abroad as if it were a foreign source of income.
Join Sian Armitage for this virtual classroom session will explore how to maximise this relief for your clients.
The session will cover who qualifies for OWR, interaction with Double Tax Agreements, potential changes that could apply under the new legislation, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Overseas Workday Relief (OWR) is a valuable exemption only available to foreign domiciled UK tax residents which treats part of the earnings from a UK employment wholly or partly performed abroad as if it were a foreign source of income.
This virtual classroom session will explore how to maximise this relief for your clients.
What You Will Learn
This live and interactive course will cover the following:
- Default position for a UK resident individual working partly in the UK and partly overseas
- What is OWR and how it can be used to minimise a resident non-dom’s UK tax exposure?
- Who qualifies for OWR?
- Practical application and qualifying accounts
- Interaction with Double Tax Agreements
- Tax position of a non-resident person working in the UK
- Duties that are merely incidental to the performance of a person’s employment
- Potential changes that could apply under the new legislation
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...