Foreign income to report

This schedule sets out the scope of services we will provide.

The purpose of this schedule is to clearly define what is and is not included in the scope of our work.

This schedule should be read in conjunction with our engagement letter and our standard terms of business.

As part of our agreed services, we will:

• Identify and report all relevant foreign income on your Self-Assessment tax return
• Assess whether the income is taxable in the UK and apply the correct UK tax treatment
• Claim relief under any applicable double tax treaties, where relevant
• Convert foreign income into GBP using HMRC-approved exchange rates
• Advise on record-keeping requirements for foreign income

Please note: this list is not exhaustive. Any work not specifically listed under "Included work" is deemed outside the scope of this engagement unless we have expressly agreed otherwise in writing.

Where additional work is required, we will advise you of the scope, our proposed fee, and obtain your agreement before proceeding.

The following work is outside the scope of this service unless separately agreed in writing:

• Foreign tax compliance or liaison with overseas tax authorities
• Foreign capital gains or reporting of overseas assets
• Tax planning involving offshore structures, trusts, or investments

Please note: this list is not exhaustive. Any work not specifically listed under "Included work" is deemed outside the scope of this engagement unless we have expressly agreed otherwise in writing.

Where additional work is required, we will advise you of the scope, our proposed fee, and obtain your agreement before proceeding.

You agree to:

• Provide full and accurate details of all foreign income received during the tax year
• Supply supporting documentation, such as foreign tax certificates or statements
• Notify us of any overseas accounts or investments held
• Inform us of your residence and domicile status for each tax year

We agree to:

• Determine the correct UK tax treatment of foreign income based on your circumstances
• Accurately report the income on your Self-Assessment tax return
• Apply available tax reliefs to avoid double taxation
• Ensure foreign income is converted to GBP using appropriate exchange rates