Tax

All the latest news and updates from the world of tax. We look at new trends in achieving tax-efficiency while assuming expatriate status, the ways in which double taxation can be avoided, the use of investment wrappers to reduce tax liability, planning tips for South African Expat Tax laws and for those with existing ties to America, we keep you abreast of FATCA and the ways in which the disruption to your life, and personal liability can be eased. Taxation for expats is a complex area, we aim to make sure our readers are au courant with the latest developments in the intricacies of tax efficiency

FATCA

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

FATCA

FATCA List – July 2020

The list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 2,463 to 361,535 in June, according to the

Can HMRC Chase Expats Abroad?

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

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

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

HMRC

HMRC Explained

HMRC is short for Her Majesty’s Revenue and Customs. The HMRC collects the taxes and customs duties that the British government spends on public services.

FATCA

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

Man worrying about tax

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

South Africa Expat Tax

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

FATCA

American Expats Ignore FATCA Filing Rules

FATCA is failing to deliver as millions of Americans abroad ignore the law aimed at stopping tax avoidance, claim US expat accountants. The Foreign Account