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All the latest news and updates from the world of tax. We look at new trends in achieving tax-efficiency while assuming expatriate status, the ways in which double taxation can be avoided, the use of a QROPS or other investment wrapper to reduce tax liability, and for those with existing ties to America, we keep you abreast of FATCA and the ways in which the disruption to your life, and personal liability can be eased. Taxation for expats is a complex area, we aim to make sure our readers are au courant with the latest developments in the intricacies of tax efficiency

FATCA

US Expats Step Up Pressure To Repeal FATCA

Expat Republicans are delivering a petition to President Donald Trump calling for the end of citizen based tax for US nationals. Campaigners have collected thousands...

FATCA List – October 2, 2017

More than half the foreign financial institutions on the IRS FATCA reporting list come from just six countries. Out of the 294,173 registered institutions, 157,176...

Portugal Mulls Pension Tax For Expats

British expats in Portugal may soon face paying bigger tax bills as the government considers shaking up non-habitual resident rules. The current regime allows expats...

HMRC Launches New Simple Digital Tax Filing For Expats

Hundreds of expats can expect to receive a letter from HM Revenue and Customs telling them that they have been switched to a new...
FATCA

Two-Thirds Of US Expats Resent IRS Tax Filing And FATCA

Huge numbers of the 9 million US expats living around the world are fed up with the IRS and resent tax filing from their...

Give Silver Entrepreneurs Pension Tax Breaks, Urges IoD

Retirement is out of the question for entrepreneurs who have found success in business. One in six have no plans to retire, says a survey...

HMRC Claims Tax Penalties From 1m By Mistake

The tax man has chased almost a million people for late-filing penalties that they did not owe. The innocent taxpayers received threatening letters and calls...

FATCA Lobby Vows To Fight On After Another Legal Setback

Expats have vowed to carry on their fight to challenge the controversial Foreign Account Compliance Tax Act (FATCA) despite setbacks in the courts. The Republican...

How Expat Couples Can Save Tax On Savings And Investments

Expats who still pay UK tax can take advantage of some perfectly legal financial tricks to reduce the amount they have to hand over...

Landlord Jailed For Evading CGT On Buy To Let Sales

A buy to let landlord has been jailed for 27 months after failing to pay a tax bill of almost £158,000 when selling two...

South Africa Plans To Scrap Offshore Tax Break For Workers

South Africans face a tax crackdown on offshore earnings under a new government proposal. The measure will scrap the current rules that allow South Africans...

Corporate Tax Loopholes Closed By Landmark Agreement

Ministers from 76 countries have queued up to sign a landmark treaty that will stop multinational organisations from evading tax by shifting their earnings...

Tax Avoidance Crackdown Raises £30 Billion

The UK tax man has raised almost an extra £30 billion in the past year from cracking down on avoidance. The boost came in a...

Millions Of Landlords Face Property Pension Hardship

Landlord campaigners are warning that tax changes could trigger a massive property pension problem for almost 2 million buy to let investors, many of...

CGT Property Tax Penalties Clarified For Expats

Expats face extra penalties for not dealing with capital gains tax on selling homes in the UK. HM Revenue & Customs has updated online guidance...

Don’t Run Up A Bill If You’ve Missed The July Tax Deadline

Watch out if you are an expat with earnings or rents in the UK – an important tax deadline has just passed that could...

FATCA List – July 25, 2017

The latest list of foreign financial institutions reporting information about their American customers to the Internal Revenue Service is still increasing. The list published on...

Digital Tax Delay For Buy To Let Expats

Expats landlords renting out homes in the UK have won a reprieve under the tax man's making tax digital initiative. HM Revenue & Customs has...

Tax Mistakes That Can Backfire On Expats

International tax is becoming so complicated expats can easily make expensive mistakes about how to safeguard their wealth. One family recently lost their case before...
Repeal FATCA

Repeal FATCA Protest Hits Washington Wall of Silence

Repeal FATCA campaigners have met a wall of silence from the corridors of power in Washington DC. Despite Republican promises to scrap the Foreign Account...

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