Golden Visa, What Countries can Expats Settle In
Golden visas are a chance for expats for those lucky enough to have the money to buy a new life in another country. The visa
Tax Haven Companies Barred From Coronavirus Rescue Aid
Governments seeking to reduce their coronavirus bail-out exposure are excluding companies listed in alleged tax havens from bail-out cash. In a tit-for-tat measure, governments in
HMRC Shows No Mercy In Hunt For Offshore Money
The tax man is still hunting down taxpayers suspected of hiding their wealth offshore despite suspending most other investigations. HM Revenue & Customs has put
Brexit And The QROPS Overseas Transfer Charge
Expats wanting to transfer their UK retirement savings to an offshore QROPS have no need to worry about Brexit – for the time being. Fears
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
£125m QROPS Tax Windfall Plan Flops For HMRC
Plans to raise millions of pounds from retirement savers from the QROPS overseas transfer charge have flopped. HM Revenue & Customs forecast a £125 million
QROPS Tax Hacks For British Expats
British expats can transfer their UK pension savings to a pension in another country – but they could fall foul of tax implications. HM Revenue
QROPS Transfer Delayed For Two Years After Advice Mix-Up
The Financial Ombudsman has censured a pension provider for wrongly ordering a client to pay the QROPS overseas transfer charge. The complaint was made by
Tax Crusade Looks To Raise £30m From Contractors
The tax crack down on contractors is continuing as HM Revenue & Customs seeks to raise nearly £30 million from employment status investigations. HMRC still
FATCA List – August 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) increased to 341,729 in July –
QROPS Pension Transfers By Expats On The Rise
QROPS offshore pensions are still popular with expats, according to the latest official data. In 2018, 5,000 expats switched funds from a UK pension or
TV Celebrity Falls For £1m Pension Scam
Offshore pension scams costing savers up to £4 billion a year are set to become the next big financial scandal, claims a former minister. A
FATCA List – July 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) remained at 335,778 in June. The
Tax Havens Pledge To Lift Company Ownership Secrecy
Three of Britain’s tax havens are ready to lift their veils of secrecy over the mystery owners of thousands of offshore companies. The British Crown
13 Countries Where Expats Can Pay Zero Tax
If you are looking to protect your wealth by moving to a low-tax country, international consultancy firm KPMG has published the information you need. A
How to choose a QROPS adviser
A good QROPS adviser can help your pension prosper, but picking the right person to manage your biggest financial asset can be a daunting task.
Malta QROPS Advice Shake-Up Impacts Thousands Of Savers
Thousands of expats who have switched their retirement savings in to Malta-based Qualifying Recognised Offshore Pension Schemes need to check that their financial advisers can
FATCA List – June 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 3,038 in May. The
FATCA List – May 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 6,651 in April. The
HMRC Makes Reclaiming QROPS Transfer Charge Easier
Expats who have wrongly paid the QROPS overseas transfer charge have a new set of rules to follow. The Pension Schemes (Information Requirements – Repayment