What is an R43M(SED) Form?
The R43M(SED) Form is a HM Revenue & Customs tax rebate form that should be used by European Merchant Seafarer’s who are not ordinarily resident in the UK.
If you’re a member of a European Economic Area (EEA) state, and work on a ship, and you believe that you have paid too much tax to the UK government, you can use the R43M(SED) to reclaim the overpaid tax from HMRC.
When should I fill in an R43M(SED) Form?
If you’re a member of a European Economic Area (EEA) state, and you complete all of your duties on a ship, or perform a combination of duties on a ship and others on land that are essential to carrying out your work on a ship, then you may be due a tax refund.
Please note that although the word ‘ship’ is not defined in UK tax law, ‘offshore installations’ used in the oil and gas industry are not classed as ‘ships’. This will therefore prohibit any applications from persons who have worked in any of the following environments:
- Fixed production platforms
- Floating production platforms
- Floating storage units
- Floating production storage and offloading vessels (FPSO)
- Mobile offshore drilling units (drill ships, semi-submersibles and jack ups)
- Flotels
- Vessels engaged in the exploitation of mineral resources using a well, while standing or stationed in any waters
To qualify, you must be a seafarer working on a ship, who has visited at least one foreign port during a UK tax year, and not spent more than 183 consecutive days in the UK (or its waters). The overpaid tax you are claiming for must be for a period of at least 365 days, and the length of this period should begin and end outside of the UK.
For your assistance, ‘a day out of the UK’ is classed as being outside of the 12-mile territorial limit at midnight.
How can Tax Rebate Services help?
If all this sounds a little complicated, you’ll be pleased to know that there’s help at hand from the experts at Tax Rebate Services. Our team of professionals have many years’ experience handling R43 SED claims and providing assistance with all the other tax forms. We take the hassle away, and process your refund as quickly and efficiently as possible.
To find out how we can help, simply complete the form below and we’ll be in touch to discuss next steps.
