Seaman’s Tax Deduction

[Bacaruda]

Looks like the end for us gentlemen 🙁

http://www.energyvoice.com/2013/12/new-tax-rules-will-mean-offshore-workers/?utm_source=rss&utm_medium=rss&utm_campaign=new-tax-rules-will-mean-offshore-workers&utm_source=Energy+Voice&utm_campaign=123b80b00b-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_5368044726-123b80b00b-22069505

[Ray Shields]

I always wondered why the taxman did not re define a sea farer many years ago to someone who signs onto ships articles.

That would then stop every oil and gas person who had nothing to do with the running of the ship from claiming it.

[Bacaruda]

Very true Ray, always wondered how we got away with it for so long.

[K2]

Ref: article in Energy Voice.

I have read the article and discussed it with XXXX and we are in agreement that this will not have any bearing on the tax relief received in respect of a valid seafarers’ earning deduction claim.

The new rules appear to be aimed at offshore employers who do not deduct PAYE and especially National Insurance for their employees who work in the UK (including the UKCS) and thereby avoid having to pay the employers’ liability for National Insurance.

Stay Safe

😉

[Author]

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