Get your tax back each month…
Seafarers are entitled to stop paying tax altogether by changing their tax band to zero.After it is changed you will receive your wages in gross, with no tax deducted, each month.
What are the benefits…
You don’t pay any tax each month.
You can work in the UK for short periods without penalty.
If you occasionally work in the UK, you can reclaim any tax paid by utilising your standard personal allowance.
You don’t have to worry so much about the 365 day rule
Tax banding criteria…
You do not need a qualifying period. You can change it in advance.
You need to provide a copy of a 12 month contract from your employer, or evidence of 6 months seatime. You can apply anytime.
You do not need to wait 365 days.
To get started follow the link above to: Get Your Tax Back Every Month
The annual tax rebate…
Seafarers are entitled to a full refund of any tax paid on their seafarers earnings, whilst working outside the UK
The annual tax rebate is known as the Seafarers Earnings Deductions (SED)
Annual rebate criteria…
To claim your tax rebate (SED) you must accumulate a ‘Qualifying Period’ of 365 days, of which 183 must be served working on a ‘Qualifying Vessel,’ outside of the UK.
Follow the link above to: Claim Your Tax Back For The Year
Your answers will confirm your entitlement