Some countries have different tax years which can be used by expats to maximise allowances and minimise taxes.

For example the Cyprus tax year is the calendar year (1 January to 31 December), while the UK tax year runs from April to April.

If you are moving to or from the UK, you can time when you receive your income, such as pensions, dividends, capital gains & rental income, so that you can take advantage of 2 countries tax allowances including the use of split year treatment to maximise your income and minimise your tax.

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Book a free review to find out how much tax you could save.