NRI Shaala by Aspora on Instagram: "UK P11D Form Explained: The Hidden Tax Trap for NRIs Your UK company car, health insurance, or even family travel benefits could cost you thousands in penalties if you ignore the P11D form. Many NRIs wrongly believe non-resident status exempts them, but perks and benefits follow the same rules as UK residents. Don’t ignore this. Your “small perk” could become a major tax headache. Follow NRI Shaala for more NRI tax compliance guides. #NRILife #TaxTips #UKTax #

🗓️ Self-Assessment Tax Prep🗓️ As the deadline is coming closer, here’s what you’ll need to prepare for your 2024/2025 return due by 31/01/2026. ➡️ Employed Income: Your P45, P60s & P11d if you have benefits in kind. ➡️ Self-Employed Income: Records of your earnings and expenses. ➡️ Side Hustle Income: Any additional earnings you’ve made above £1,000 turnover. ➡️ Dividends: Dividends withdrawals from your limited company. Statements from your investments. ➡️ Savings Interest: Bank statements sh