We can provide current and historical tax rates, comparison tables and country surveys through our specialized tax databases. We have current key summaries and detailed analysis of the tax system in countries around the world on corporate taxation, individual taxation, business and investment. Although the application of double taxation agreements is relatively common, the right to tax relief can be complicated. You may have to pay taxes in both the UK and another country if you live here and have income or profits abroad, or if you are a foreigner and have income or profits in the UK. This is called “double taxation.” We will explain how this can be done to you. That`s why we offer a first free consultation with a qualified accountant that will give you answers to your questions and help you understand if a double taxation agreement could apply to you and help you save huge amounts of unnecessary taxes. Tax Information Guide: Africa`s Leading Economies 2018 Overview of the Tax and Investment Environment in 44 African countries, including Africa. The guide contains income tax rates, withholding tax, a list of double taxation agreements, information on other taxes, investment incentives and important business data. Published by Deloitte in May 2018. The text of the tax treaty can be found on www.gov.uk/government/publications/ghana-tax-treaties foreign students studying in the UK know that there are specific tax and national insurance provisions, as well as specific visa requirements.

Each case is different and students should turn to the East Student International Affairs Council or go to a professional specializing in international taxation to be sure of their tax debts. Finally, some countries, such as Brazil, do not have a double taxation agreement with the United Kingdom. If this is the case, you can still apply for unilateral tax breaks for the foreign tax you pay. Certain types of British visitors are subject to special treatment under a double taxation agreement, such as students, teachers or overseas government officials. Under UK regulations, he is not domiciled and, in the United Kingdom, he is taxable only on his income from the United Kingdom. Mark remains resident in Germany and is therefore taxable on his global income. The Double Taxation Convention tells Mark that the UK has the primary right to tax income and that if Germany also wants to tax it, the foreign tax credit method should be used to avoid double taxation. In the 1950s, the initial double taxation agreements (“DBA”) between the United Kingdom and the Crown Dependencies came into force and have remained broadly unchanged since then.

Since there are many rules and complications that can arise when applying double taxation agreements, it is important to seek professional help from a qualified and experienced accountant. Individuals with dual residences in the UK and another country who have a DBA agreement can apply for full or partial tax relief for income. These include bank interest, royalties, most working pensions and pensions. If you are considered a tax resident in two or more countries, it is important to understand possible tax breaks through double taxation agreements A comprehensive agreement (SI 1993/1800) came into force on August 10, 1994 and has consequences that governments have recognized that it would be unfair and discourage international trade/business. As a result, they each put in place their own rules to prevent the same income from being taxed twice. In some cases, the amount of tax paid in one country can be deducted from what is due in another country. These agreements or contracts are referred to as Double Tax Agreements (DBA) and should be integrated into your system