Overseas Workday Relief - Key Points Explored

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

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.