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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 a QROPS or other investment wrapper to reduce tax liability, 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 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...

Choosing a tax consultant as an expat

Finding a reliable and knowledgeable tax consultant is not always easy for an expat. Tax consultants can give expert advice about minimising the amount of...

Expats Take Poor HMRC Decision To Task In The Courts

Expat and non-resident taxpayers are queueing up to challenge the decisions of tax inspectors in court. And the numbers revealed by HMRC are only the...

New Crack Down On Offshore Tax Dodgers Ready For Action

Governments around the world are about to switch on a huge data exchange network aimed at catching offshore tax dodgers. The latest announcement about the...

No Tax Like Inheritance Tax

There is no tax like Inheritance Tax. It arouses animosity in many people, especially when it has ensnared many families in its ever expanding...

HMRC Slammed For Failing Desperate And Suicidal Contractors

A lobby group looking after the interests of contractors and freelance workers is criticising HM Revenue & Customs for ignoring a plea to set...

Euro MPs Want To Protect Accidental Americans Against FATCA

Accidental Americans chased by the US Internal Revenue Service for unpaid taxes have won support from the European Parliament’s largest group of politicians. The Socialists...

Watchdog Raps IRS For FATCA Compliance Blunders

Government spending watchdogs have slammed the US Internal Revenue Service for compliance blunders while spending hundreds of millions of dollars on the Foreign Account...

Taxes in Portugal

Are there any tax advantages to moving to Portugal or investing in Portugal? Currently the Portuguese government is actively encouraging overseas investments; has put in...

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 Britain’s Missing Tax Billions Really Exist?

Britain has a £33 billion tax gap - but does the imagined amount of missing money really exist? HM Revenue & Customs estimates the tax...

How To Tell If You Are An Accidental American

If you are an American and don’t know it, you could be in for a shock when an unexpected tax bill comes through the...
FATCA

US Expats Show Shocking Ignorance Of FATCA

Expat Americans know shockingly little about laws that require them to report their overseas savings and investments. The Foreign Account Tax Compliance Act (FATCA) was...

IRS U-Turn On Repatriation Tax For Expats

A US government U-turn means a million expats will no longer have to pay the ‘deemed repatriation tax’ on profits of their businesses abroad. The...

HMRC tax evasion investigations up by 20%

The number of serious evasion cases under investigation by the UK tax authority is up by almost a fifth in the past year. HM Revenue...

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...

Expat Protests Grow Against Dutch 30% Tax Ruling Axe

Uproar against a Dutch government decision to axe a generous tax break for expats is growing. The government wants to cut a tax benefit that...

US Expats Get Dear John Letters From Their Banks

US banks are freezing accounts and investments for American expats to avoid the cost of money laundering and tax avoidance laws. Hundreds of expats have...

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...

Expat Contractors Face IR35 Tax Avoidance Crackdown

Self-employed expat contractors based in Britain but working on projects overseas face a crackdown to make sure they are paying the right amount of...

Latest Reviews

Zurich Futura Review

If you want to ready your family for life’s unexpected surprises, you need to consider comprehensive life insurance that provides a financial safety net...

Friends Provident International Premier Advance Savings Plan Review

Most of us like to save a little extra for those unexpected expensive events but have problems deciding where to put the money. For expats,...

RL360 Quantum Savings Plan Review

Savings plans like the RL360° Quantum Savings Plan are designed to run alongside expat pensions, not to replace them. Quantum aims to offer somewhere to...

Generali Vision Savings Plan Review

The pros and cons of the Generali Vision Savings Plan often crop up when advisers discuss long-term savings with expats. International independent financial advisers have...