NRI Shaala by Aspora on Instagram: "UK P11D Form Explained: The Hidden Tax Trap for NRIs Your UK company car, health insurance, or even family travel benefits could cost you thousands in penalties if you ignore the P11D form. Many NRIs wrongly believe non-resident status exempts them, but perks and benefits follow the same rules as UK residents. Don’t ignore this. Your “small perk” could become a major tax headache. Follow NRI Shaala for more NRI tax compliance guides. #NRILife #TaxTips #UKTax #
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NRI Shaala by Aspora on Instagram: "UK P11D Form Explained: The Hidden Tax Trap for NRIs Your UK company car, health insurance, or even family travel benefits could
As an NRI working with UK companies, it’s essential to understand P11D requirements. Non-resident status doesn’t exempt you from reporting company benefits. Failing to comply can result in £100 monthly penalties for every 50 employees. Don’t let your benefits become a compliance headache. Follow our guide for a step-by-step explanation ...
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