(a) 15% of the amount of such income, which has not been subject to such tax in previous tax years, and it is much more common to use the services of a qualified accountant experienced in applying for tax relief by using double taxation treaties. Fees vary depending on the complexity of a person`s personal circumstances, in almost all cases, tax savings exceed the costs of using an accountant – and they can be sure to pay the right amount of tax with absolute confidence. 2. In the case of the United Kingdom, double taxation shall be avoided as follows: subject to the provisions of United Kingdom law concerning the deduction as an taking into account of United Kingdom tax payable in a territory outside the United Kingdom (which does not affect the general principle): 3. This Convention shall not prevent a Contracting State from: To impose a tax on the income of a company established in the other Contracting State, in addition to the tax which would be due on the income of a company established in the first-mentioned State; provided that the rate of an additional tax thus levied does not exceed 10% of the amount of such income which was not subject to such tax in previous fiscal years. in respect of other Canadian taxes for each fiscal year that ends in or after the calendar year following the calendar year in which the notification is made; 3. The competent authorities of the Contracting States shall endeavour to establish by common accord any difficulty or doubt arising from the interpretation or application of the Convention. The competent authorities of the Contracting States may, in particular, agree on the following: 6. The denunciation of the existing Convention provided for in paragraph 5 of this Article shall not revive the Agreement between the Government of Canada and the Government of the United Kingdom of Great Britain and Northern Ireland, signed at Ottawa on 6 December 1965, for the avoidance of double taxation of certain categories of income.
This Convention shall terminate with the entry into force of this Convention. 21 The tax treaty between the United Kingdom and Canada, signed on 1 July 2014, has now entered into force with the adoption of the Protocol and interpretative protocol (the agreements) For more details, visit HMRC at www.gov.uk/government/publications/announcements-in-2014-of-changes-to-uk-double-taxatation-treaties/canada-entry-into-force-of-the-2014-protocols-to-the-1978-double-taxation-convention-as-amended Search for tax rates: the latest messages tax and information on double taxation treaties with our specialized online resources, guides and useful links….