Is this service right for me?

This service is for people who "tax resident" in the Falkland Islands in the calendar year. This means you were physically present in the Falkland Islands for 183 days or more. It is intended for those whose main source of Falkland Islands income is from employment. 

The price does not cover the fully self employed (requiring accounts to be created) or a property rental business. If you require these services, please get in touch for a quote.

It does cover anything else required on the return, including multiple additional jobs and additional income. 
 

What will I receive?

You will receive your tax return with the tax sections completed in full based on the information you provide. Some sections will be blank for you to complete such as how you wish to be paid any refund - whilst we can complete these sections for you if you prefer, it requires you to provide information such as your bank details. 

You will also receive an "Authorising Your Agent" form for you to sign and complete, this allows Albatross Tax to discuss your tax affairs with the Falkland Islands Tax Office. 

You will also receive an estimate of your tax bill and any advice including when it is best to submit your return.
 

What is required of me?

To complete your return accurately, we will require accurate information from you. You will be asked to submit:

Information on your wages, pensions and tax deducted (your Certificates of Tax Deducted are best)
Information on your worldwide income including interest, dividends, etc.
Your local SCB interest (it's not taxable, I'm unsure why it's required but it is)
Information on any other reliefs you may wish to try and claim.
Information on any foreign tax paid. 

In our experience it is best to submit all your information and allow us to calculate what is taxable in the Falkland Islands. There is no such thing as too much information.

Falkland Islands Tax Office Queries

Our service includes dealing with queries from the Falkland Islands Tax office.

The Tax Office often makes enquiries into individual returns or potentially makes amendments based on their own information. In other countries it would be a rare occurrence as much of the process is automated or there would be no requirement to fill out a tax return at all. However, in the Falkland Islands, queries are common, and we include dealing with the Tax Office in the price. This replaces you dealing with them directly. 

This is limited to dealing with queries related to the return we have completed, which will be based wholly on the information you gave us. 

Still not sure?

If you're still not sure this is the right service for you, then get in touch with us via our contact page.