FATCA List – September 2021
Britain has lost second-ranking in the US FATCA listings for the first time. Brazil has taken over as the country with the second-most registrations under
FATCA List – August 2021
The US Foreign Account Tax Compliance Act (FATCA) has lifted the veil surrounding one of the world’s most secretive tax-havens. The sunny tropical Caribbean paradise
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
SA Expat Tax & SARS VDP Explained
Where you live is not always the place where you pay your taxes, especially if you are a South African expat. Tax residence is not
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.
FATCA List August 2020
The number of offshore banks and financial institutions reporting to the US Internal Revenue Service under the Foreign Account Tax Compliance Act is still growing
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
Common Reporting Standard, CRS, Explained
The Common Reporting Standard or CRS is an international network of tax authorities which share personal and financial data about foreign nationals living in their
FATCA List – June 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,854 to 359,072 in
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
FATCA List – May 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 4,070 to 357,218
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
Does The Coronavirus Lockdown Impact Tax For Stranded Expats?
While most people are worrying about their health and money during the coronavirus crisis, for expats tax is a concern as well. With billions of
South Africa Expat Tax
South Africa expat tax is the new way tax is charged by the South African Revenue Service on income earned outside the country. You can
Alchemy Tax Scheme Fails To Work Magic At Tribunal
A tax avoidance scheme has lost a landmark case that could see HM Revenue & Customs claw back more than £110 million from linked cases.
Tax Man Wants Software To Snoop On Crypto Trades
The British tax man is urging software developers to come up with an app that tracks cryptocurrency transactions to stop money laundering and tax avoidance.
Only 38% Of Tax Bonanza Is Real Money, Say Accountants
A crackdown on tax avoidance has boosted UK tax revenues by £13 billion – but claims of billions more raised from investigations is just guesswork,
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
New UK Tax Rules May Impact Expat Contractors
Many of the 170,000 contractors working for their own company will pay more tax this year – and many are expats who may not yet
IHT Is Too Complicated, Say Tax Gurus
Tax experts are recommending ministers to take action to simplify inheritance tax rules. The Office of Tax Simplification, an independent government agency looking at how
