Coronavirus – Tax relief for working from home
Working from home means you can claim some tax relief for some of the extra bills you have to pay depending if you work for
Tax Man Wants To Bin Paper Returns To Save Money
Expats expecting to file a paper self-assessment tax return will have to go online as HM Revenue & Customs has scrapped automatically sending out the
US Expat Tax Filing Countdown Ticking Down To Deadline
The tax filing season is counting down to the deadline of June 15 for US expats around the world. Although that seems a way off,
IR35 Contractor Tax Overhaul Postponed For A Year
Expats snared in the controversial IR35 off payroll working rules have won a reprieve as the government announces shelving the measure for a year. The
Tax Is Inevitable But You Can Put Off Paying, Legally
Keeping an eye on the tax you pay is good financial management, but keeping up with constantly changing rules is a tough call even for
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.
Inheritance Nightmare For A Dream Home
Expats are caught in the web of cross-border tax when they make the choice to live outside the country where they were born. Buying a
HMRC Doesn’t Know What It’s Doing With £155 Billion Tax Reliefs
The tax man is doling out billions in tax reliefs but doing little to monitor where the money is going, says a watchdog report. Tax
No FATCA Relief For Accidental Americans
Tax filing is on the way for Accidental Americans but those who hoped for some FATCA relief face disappointment. The US Internal Revenue Service has
FATCA List – February 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,983 to 351,867
Tax Changes For Foreign Companies Owning UK Property
Expats who own property in the UK will pay corporation tax on their profits for the first time from April, according to new guidance from
Britain’s Top Taxpayers Revealed
Britain’s top 50 taxpayers handed the Treasury more than £2 billion in taxes last year. The tax list published by The Sunday Times includes corporation
What Happens If Your Tax Filing Is Late?
Every year hundreds of thousands of taxpayers miss the midnight tax filing deadline on January 31 and worry about the fines and penalties they may
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.
Tax Filing Countdown Has Started For UK Expats
The tax filing countdown has started in the UK – and soon taxpayers will find it’s too late to avoid automatic fines if they ignore
FATCA List – January 2020
The US Internal Revenue Service’s list of foreign financial institutions (FFI) reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 415 to 349,844
Expat Contractors May Fall Into IR35 Tax Net
Tens of thousands of contractors working for their own companies face pay cuts and extra tax bills from April. Workers often choose to take contracts
HMRC Quizzes Tenants About Expat Landlord Tax
Buy to let tenants are being urged to turn whistle blowers to help the tax man crack down on rogue landlords. HM Revenue & Customs
FATCA List – November 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) increased by 1,500 to 347,162 in
How To Give Cash To Grandchildren And Minimise Tax
Kind-hearted grandparents are keen to find ways to help their grandchildren financially. Their plans range from gifting property and large sums of money to tax