The list below is a collection of articles that refer to, mention or discuss Offshore
Tag: Offshore
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...
FATCA List – April 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) increased by 4,440...
3m Taxpayers Holding Offshore Accounts Under Scrutiny
Overseas tax authorities have revealed the tax secrets of around 3 million UK taxpayers with offshore accounts in more than 100 countries. Masses of information...
FATCA List – March 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) shrunk by 1.440...
What You Need To Know About QROPS Pension Transfers
If you want to retire abroad as an expat, one of the financial decisions you must make is what to do with your pension. One...
Where In The World Can You Have A QROPS?
Freedom of going where you want, when you want is one of the main reasons for making the expat lifestyle choice for many. The notion...
FATCA List – February 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 2030...
QROPS And The Lifetime Allowance
One good reason for switching a UK pension fund to an offshore QROPS for expats is to avoid the lifetime allowance. The lifetime allowance is...
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...