I hope this is helpful and answers your question.
If you have any other questions, please ask me before you rate my service – I’ll be happy to respond.
Thanks for the swift response, sorry for my naivety in these matters! So for example if I am being taxed at source at say 13% I would still be liable to pay UK tax or would the double tax treaty agreement kick in so to speak? I did read up on this but do not fully understand.
John, thank you for your reply.As you are aware, the basic rate tax in the UK is 20% and provided your total income from all sources remains below the threshold for higher rate tax, the income from Riussia would also be taxed at 20%.You would claim the tax suffered in Russia on that income as FTCR.So in effect, you would pay additional 7% tax on that foreign income as you would have already paid 13% to the Russian tax authorities.I hope this is helpful and answers your question.
I have also just read that if I was being taxed as a non resident in Russia the Tax is 30% which would only be liable for Tax at source, is that correct?