This tax calculator is designed for estimation purposes only and should not be relied upon for actual tax calculations, financial planning, or tax filing. The results provided are based on general tax rules and may not reflect your specific tax situation, including applicable deductions, exemptions, or treaty benefits. Double taxation relief calculations are indicative and may vary based on interpretations and changes in tax laws.
Users should consult a qualified accountant or tax professional for accurate tax calculations and compliance with UK and Indian tax regulations. The developers of this calculator assume no responsibility for any decisions made based on its outputs.
Regular Income Tax:
Capital Gains Tax:
Total Indian Tax:
Regular Income Tax:
Capital Gains Tax:
DTAA Credit Applied:
Final UK Tax:
In GBP:
In INR:
As a UK-based NRI, your Indian income is subject to UK taxation. However, under the Double Taxation Avoidance Agreement (DTAA), you can claim relief to avoid paying tax twice on the same income.
Indian tax returns should be filed first since the ITR filing deadline is much earlier than in the UK (India’s deadline is July 31st, while the UK’s is January 31st of the following year).
Traditionally, many NRIs rely on chartered accountants (CAs) in India to file their taxes manually. However, online tax platforms are now offering a more efficient alternative. These platforms can:
TaxBuddy is one such platform that simplifies the process by handling tax computation, deductions, and DTAA considerations.
Once your Indian taxes are filed, you can submit the Indian Tax Return (ITR) to a UK-based accountant who specializes in foreign income taxation. They will:
TaxScouts is a UK-based firm specializing in tax advisory services, including the integration of Indian and UK taxation. They assist with tax relief, compliance, and expert guidance to ensure efficient tax management for individuals with cross-border income.
By leveraging online tax platforms for Indian filings and professional accountants for UK filings, you can save time, minimize errors, and maximize DTAA tax relief effectively.
