Statutory Residence Test Explained For Expats
The Statutory Residence Test (SRT) allows expats to work out their UK residence status for a tax year. The test is applied to each year,
Capital Gains Tax for British Expats Selling UK Property
Capital Gains Tax (CGT) usually applies to taxpayers who live in the UK, but special rules bring expats and other non-residents into the tax net
Expat Portal For Paying UK Property CGT Goes Live
Expats who need to pay capital gains tax online after selling a home in the UK can log in to a new online tax service.
What Happens If Your Tax Filing Is Late?
Every year hundreds of thousands of taxpayers miss the midnight tax filing deadline on January 31 and worry about the fines and penalties they may
New Tax Probe For Wealthy Offshore Investors
Letters from the tax man are dropping on the doormats of wealthy investors with money in offshore collective investment funds. The letters are part of
Brexit Tax Shocker On The Way For Brits With Property In Europe
British landlords with holiday homes to let in Europe will face extra taxes after Brexit. Paying more tax is an unforeseen consequence of Brexit that
Aussie Expats Granted A CGT Delay But New Law IS On The Way
Aussie expats facing massive tax bills when selling a home have won more time to put their finances in order. The government is extending the
CGT Changes On The Way For Expat Landlords
British capital gains tax rules for residents and expats are aligning in April 2020 – which means running a check over your finances sooner rather
CGT Crackdown Is Still A Worry For Aussie Expats
The worry of a capital gains tax crackdown on Australian expats selling a property back home while living overseas won’t go away. Expats who sell
CGT Warning For Expats As Tax Breaks Scrapped
Expats with homes to sell in the UK can expect to pay more capital gains tax if the deal does not go through before the
Tax And Legal Hurdles For Facebook’s Libra Roll-Out
Facebook’s plans to roll out the cryptocurrency Libra around the world could be halted in their tracks by tax and legal rules. Lawyers have pointed
Landlords to shell out £500m in another raid on taxes
The British government is launching another £500 million tax raid on property investors with a major reform of capital gains tax rules. The tax –
What Tax Do You Pay If You Inherit Property?
Tax can be confusing, which is why so many people worry about tax they might have to pay on gifts left to them by someone
Don’t Squander Cash On Unnecessary Capital Gains Tax
Taxpayers handed over a record £6.8 billion in capital gains tax (CGT) in January 2019 – but many couples could be paying more than they
Time For US Expats To Think About Year-End Tax
US expats in the UK should be sorting out their financial affairs as the tax year end approaches on December 31. This year is important
Budget 2018 – Property Tax Onslaught Continues
The Tory onslaught against buy to let landlords carries on with changes to the tax landlords pay on profits when selling a rented home. The
Budget 2018: New Tax Break For Landlords Flagged
Chancellor Phillip Hammond is considering a new tax break to reward landlords selling buy to let homes to sitting tenants for his Budget 2018. A
Home Owner Gets Tax Bill For Flat That Did Not Exist
Property investors must pay capital gains tax on homes that no one could live in because they had not been built, according to a tax
What New Expats Should Do About Tax
Failing to understand expat tax is costly for anyone moving to a new country who ignores how the complicated rules impact their finances. Expats need
Tax Filing Countdown Ticking Down For Expats
The final countdown for this year’s self-assessment returns has started – and anyone needing to register only has a few days to tell the tax