Tax Planning for Superyacht crew | UAM

More than just filing a tax return. Tax planning is a specialist field, and superyacht crew can benefit from expert advice from our experienced partners.

We work with a number of partners to ensure you get the best possible advice for your situation.

SK Tax Service have been advising seafarers since 1989. You would be hard pushed to find anyone with more experience! If you are a UK resident or a UK tax payer working onboard a Superyacht, SK Tax Service can help with your Seafarer’s Earnings Deduction, your Self-Assessment and your National Insurance.

Marine Accounts are a global company with representatives all over the world. They also have over ten years’ experience working with yacht crew and helping them better understand their tax situation.

We have a range of tax tools available for Superyacht crew to help you better manage your tax situation, obligations and potential savings.

How we Work

We’ll speak with you, either in person or over the phone, about your current tax situation and what you would like to achieve. If your requirements are suited to the services of either SK Tax Service or Marine Accounts, with your accord, we’ll pass your details on.

What we offer via OUR PARTNERS

  • Seafarer Earnings Deduction (SED) returns
  • National Insurance contribution management
  • Foreign earned income exclusion (FEIE) for US citizens
  • G8/G20 Offshore Disclosure program
  • Australian & New Zealand Tax Returns
  • Tax return completion
  • Back-checks up to six years, to ensure you have received your previous allowance.

WHat You Get

  • Assurance that your tax returns are compliant
  • Reduced stress knowing all is taken care of
  • Tax advantageous allowances like the SED and FEIE 

Marine Accounts offer a range of tax tools designed to help superyacht crew, including:

  • Residency Test – Designed to help you determine whether you are resident for tax purposes in the UK, ESP, NZ, FRA, AUS & RSA
  • Tax Check – a helpful breakdown of your domestic and international tax position
  • Seafarers Earnings Deduction (SED) – Find out if you qualify for a 100% Tax Exemption in the UK 
  • Foreign Earned Income Exclusion (FEIE)This free tool helps you understand whether you might be able to benefit from an exemption on taxation on your worldwide income if you are a US citizen or resident alien of the United States while working onboard.

STOP MAKING EXCUSES

Talk to an expert about your tax situation.