Marine Accounts and themoneydock have teamed up to provide you with direct access to their site from here. Why? Well, we share the same mission of providing honest, no B.S and fairly priced information. Aside from tax advice they also share news on how political events effect your tax obligations and demonstrate ways to use the system to ensure you are taking advantage of your unique position. Although themoneydock is all about D.I.Y (do it yourself) personal finance, personal tax is such a minefield – especially for yacht crew – that it’s better to have professionals do it for you to avoid any unwanted legal consequences. You often end up with more money than you would if you try and D.I.Y tax because they know the ‘ins and outs’, e.g. Seafarers earning deduction for UK residents. I firmly believe that paying for the help that tax specialists offer is another positive step on the road to financial freedom.
Click here to check their site out, its worth it.
Click below to see your tax residency