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

Doctors stethoscope and pension savings

Doctors Warned Of Pension Tax Risk

Doctors on the COVID-19 frontline face paying unexpected tax bills as they work longer hours to tackle the pandemic. The issue is complicated pension savings

Tax and Covid

Expat UK Tax Residence And COVID-19

COVID-19 is having a potential unforeseen tax consequence on expats whose travel plans are disrupted as government close borders and impose self-isolation periods. The travel

Tax and Covid

Expats Can Blame COVID-19 For Late Tax Returns

Expat landlords prevented from completing their self-assessment tax returns on time due to COVID-19 can use the pandemic to avoid late-filing penalties, says HM Revenue &

FATCA

FATCA List – January 2021

As US President Donald Trump packs his possessions and readies to leave the White House, among many of his broken promises was a pledge to

Capital Gains Tax high lighter pen

CGT Change Signalled For Expat Landlords

Expat landlords and second home owners with property in the UK could become major losers if Chancellor Rishi Sunak overhauls how capital gains tax is

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.