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Tag: Offshore

The list below is a collection of articles that refer to, mention or discuss Offshore

FATCA List – January 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 649...

QROPS Transfer Charge Overhaul On The Way

Another overhaul is on the way for Qualifying Recognised Overseas Pension Schemes (QROPS) as the government publishes new draft regulations. Listing both as ‘technical consultations’,...

FATCA List – November 2018

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) grew by 2,113...

South Africa Loses QROPS Status For Expat Pensions

South Africa has dropped off the list of financial jurisdictions offering QROPS expat offshore pensions. The latest HM Revenue & Customs QROPS List published on...

QROPS Transfer Tax Is A Flop For The Tax Man

The controversial QROPS overseas transfer charge has proved to be a flop as a money raiser for the tax man. Only £1.4 million was paid...

FATCA List – October 2018

Another 1,734 foreign financial institutions signed up to the US Internal Revenue Service’s FATCA list during September. The number of FFIs worldwide on the list...

FATCA List – July 2018

The number of foreign financial institutions signing up for US Internal Revenue Service Foreign Account Compliance Tax Act approval has slowed. The list saw 7,071...

FATCA List – July 2018

Another 7,000 foreign financial institutions joined the US Internal Revenue Service in June. The latest list of accredited FFIs runs to 314,026 banks, trusts and...

Secrecy Stripped From Offshore Property Companies

Expats owning property in the UK will have to make their names public on a public register from next year. The new law is aimed...

HMRC Needs To Do More To Stem Tax Avoidance

HM Revenue & Customs should concentrate on trawling data to catch persistent tax evaders rather than punish taxpayers who make mistakes with ever more...

Do Expat Debts Follow Them To Different Countries?

A common question asked by expats is what happens to any debts they leave behind in another country. It’s well known that credit checks are...

British Expat Pension Pots Hit £210k

British expats have a far greater pension spending power than stay-at-home retirees, according to new research. Expat financial specialists say expats have an average pension...

FATCA List – June 2018

Another 3,766 foreign financial institutions have registered with the US Internal Revenue Service to report customer financial information under the Foreign Account Tax Compliance...

Expats Must Not Fall Foul Of New Tax Avoidance Measures

Expats on foreign assignments who remain British taxpayers should consider tough new tax avoidance rules about to take effect if they have undeclared cash...

What Expats Need To Know About QROPS Pensions

If you move overseas, you can take your pension with you by switching to a Qualifying Recognised Overseas Pension Scheme (QROPS). A QROPS is an...

FATCA List – January 2018

The first list of foreign financial institutions compliant with the US Foreign Account Tax Compliance Act (FATCA) has been published by the US Internal...

Paradise Papers – What Are They And Who Is Involved?

The Paradise Papers are a huge leak of legal documents and emails stolen from international law firm Appleby, which provides offshore tax advice to...

Riddle Of The Disappearing QROPS List

The British tax authority is warning expats who switch onshore UK pensions to a QROPS to check the provider receiving their money qualifies as...

So, You Want To Transfer You Pension To A QROPS

Switching retirement savings to an offshore QROPS is a straightforward process, proving you follow some simple rules. But with all things official, the devil is...

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...