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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

Rich Should Pay More Taxes, Urges Think-Tank

The rich are not paying enough tax and the government should raise wealth taxes and scrap saving subsidies, argues a leading think-tank. Chancellor of the...

Last Minute Tax Filing Advice For Expats

The dreaded deadline for filing self-assessment returns isonly days away with tens of thousands of taxpayers expected to leave the job until the last...

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...

Tax Filing Deadline Looming For British Expats

British expats need to act soon to meet this year’s tax filing deadlines. Self-assessment forms need to be filed with HM Revenue & Customs for...

Time For US Expats To Think About Year-End Tax

US expats in the UK should be sorting out their financial affairs as the tax year end approaches on December 31. This year is important...

Trump Ready To Cut US Expat Tax Ties

Thousands of Accidental Americans living around the world could be freed of the US tax burden that goes with their passport. President Donald Trump has...

Gifts Gone Wrong Raise Millions For Tax Man

You would think giving stuff away is easy - but if you want to gift your home to loved ones, the tax man will...

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...

Taxman To Tackle Wealthy Families With Trusts

Wealthy taxpayers who rely on trusts to avoid paying tax on their fortunes could come under attack from HM Revenue & Customs. The tax authority...

Golden Age Of Contracting Coming To An End

Chancellor Phillip Hammond has extended the controversial IR35 tax rules to private businesses to make contractors pay the same taxes as all other workers. If...

HMRC Tackles Footballers Over Suspected Tax Avoidance

The tax man is gunning for a slice of the billions of pounds paid to England’s leading soccer clubs and players. HM Revenue & Customs...

Shock Family Tax Bills For Ill Expats Gifting Unspent Pensions

Families of expats trapped in the UK’s wealth tax net could face a shock bill following a controversial court case. The Court of Appeal sided...

Budget 2018: Expat Contractors Under Tax Attack?

Chancellor Phillip Hammond is ready to crack down on self-employed expats who flout tax and national insurance rules. He has reportedly ordered the Treasury to...

Budget 2018: New Tax Break For Landlords Flagged

Chancellor Phillip Hammond is considering a new tax break to reward landlords selling buy to let homes to sitting tenants for his Budget 2018. A...

Home Owner Gets Tax Bill For Flat That Did Not Exist

Property investors must pay capital gains tax on homes that no one could live in because they had not been built, according to a...

What New Expats Should Do About Tax

Failing to understand expat tax is costly for anyone moving to a new country who ignores how the complicated rules impact their finances. Expats need...

UK Stamp Duty Surcharge Plan For Expat Home Buyers

Foreigners and expats who buy property in Britain will pay a rate of stamp duty, the government has announced. Prime Minister Theresa May broke the...

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...

Tax Filing Countdown Ticking Down For Expats

The final countdown for this year’s self-assessment returns has started - and anyone needing to register only has a few days to tell the...

Can Taxpayers Rely On Guidance From HMRC?

HMRC publishes tens of thousands of pages of technical guidance online - but can taxpayers really rely on what the information says? Probably not, according...

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