Due to changes announced in yesterday's Budget by the Chancellor Rachel Reeves, individuals who travel between the U.K. and France for work will see their tax relief claim restricted to 30% of their qualifying employment earnings.
This will be further reduced if the calculated relief is higher than £300,000 in a tax year, under the new Overseas Workdays Relief (OWR) claim. Which places a high tax burden on those coming from Europe to the UK to work.
From next year, Europeans will also have to comply with ETA requirements to enter the UK as visitors. Adding another administrative burden for individuals from France traveling to the UK to work.
If the UK Government seeks growth and to fill the 'black hole' in the country's finances, they must encourage European individuals to come to the UK to invest and work. Not place heavier tax and administrative travel burdens on them.
Collection
[
|
...
]