What Tax Day 2021 Means For Expats
Expats with second homes in the UK are likely to see their tax bills rise with government plans to close a lucrative tax loophole that
Time ticking away for expats to file tax returns
Time is running out for expats who want to avoid automatic fines for failing to file their tax returns online and pay any tax due.
QROPS List – February 15, 2021
Australia has seen the most QROPS changes – with 48 new QROPS added and one removed according to the HM Revenue & Customs official QROPS List.
QROPS List – January 15, 2021
The COVID-19 pandemic seems to have left the market for offshore expat pensions unaffected. New pensions are added to the Qualifying Recognised Overseas Pension Scheme
Expats Can Blame COVID-19 For Late Tax Returns
Expat landlords prevented from completing their self-assessment tax returns on time due to COVID-19 can use the pandemic to avoid late-filing penalties, says HM Revenue &
QROPS List – November 15, 2020
The United States is the first country to lose QROPS status for more than a year as two offshore expat pensions were delisted. The Qualifying
QROPS List – October 15, 2020
Gibraltar QROPS have come under the tax man’s spotlight with eight schemes axed from the list of expat offshore pensions, according to the latest official
QROPS List – October 1, 2020
More QROPS expat pensions were opened in the past two weeks than at any time since May 2016, according to the latest data from HM
QROPS List – August 17, 2020
Nine Qualifying Recognised Overseas Pension Schemes have been added to the HMRC QROPS List since July 15. The list is scheduled for fortnightly publishing, but
HMRC Takes Long-Running IHT Case To Supreme Court
Retirement savers who transfer a pension for health reasons should not be charged inheritance tax, has reached the Supreme Court. The judges will rule if
What Is An Expat?
There’s a lot more to becoming an expat than jumping on a boat or plane to start a life in a new country. Expat is
QROPS List – July 15, 2020
The list of Qualifying Recognised Overseas Pension Schemes has lost three pensions for expats, according to the latest official data. The QROPS from Gibraltar, Ireland,
QROPS List – July 1, 2020
Ten new QROPS offshore pensions for expats were added to the official HMRC list in the past two weeks. While 11 were added, one was
QROPS Overseas Transfer Charge
The QROPS Overseas Transfer Charge is an exit charge for retirement savers transferring money from a UK pension fund to a specialist offshore pension for
Can HMRC Chase Expats Abroad?
Is the arm of the British tax man long enough to nab expats who have skipped the country owing tax? A landmark court ruling means
Split Year Treatment For Expats Explained
Split Year Treatment is a tax rule for expats leaving or returning to the UK during the tax year. The rule divides the year into
QROPS List – June 15, 2020
The number of offshore pensions for expats has jumped by the most in nearly two years, according to the latest QROPS List from HMRC. Between
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,
Non Resident Landlord Scheme Explained for Expats
The UK Non-Resident Landlord Scheme (NRLS) is the way HM Revenue & Customs collects tax on rents from property owners who spend most of the
QROPS List – June 1, 2020
The number of Qualifying Recognised Overseas Pension Scheme (QROPS) across 28 countries has hit 1,917 – with 13 opening during the past two weeks. Australia