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 in
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 in
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 in
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 in
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 in
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 – August 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 hefty
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
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 Act
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 and
FATCA List – May 2018
The number of foreign financial institutions signed up as observing the US Foreign Account Tax Compliance Act (FATCA) has increased by more than 2,700 in
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 Revenue
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 multinational