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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

South Africa

Protesters Want Personal Tax Made Public In South Africa

Personal tax has always been just that - but campaigners in South Africa want to make the tax filings of every citizen public. The Alternative...
Tax

You Don’t Stop Paying Taxes When You Retire

If you think you stop paying taxes when you retire, then think again and be ready to see the tax man swipe a large...
stamp duty

Stamp Duty Is Too Confusing And Unfair, Claim Tax Experts

Tax experts have slammed the government’s new stamp duty surcharge for non-residents as unfair on expat couples. The new rules call for non-residents to pay...
loan

Contractors Pay £1bn To HMRC Over Disputed Loan Charges

Expats who took advantage of borrowing money from their contractor companies rather than taking salaries to minimise tax are under siege from the UK...
Income Tax

Tax Dilemma Faces South African Expats

South African expats face a tax dilemma from next year - pay a hefty tax of up to 45% on their worldwide income or...
Questions

Is Financial Emigration A Good Tax Strategy For SA Expats?

Many South African expats are hoping that financial emigration solves the problem of paying tax on the money they earn outside the country due...
FATCA Tracker

FATCA List – May 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 6,651 in April. The...

British Tax Man Can Reach Out To Expats, Court Decides

The long arm of the British tax man can reach out to expats in other countries, a court in London has decided. The UK Court...
tax pay

Come Clean About Stealth Taxes, Urges Think-Tank

Successive Chancellors of the Exchequer have stealthily increased tax rates for hundreds of thousands of high earners by freezing, a think-tank study has revealed. Economists...
inheritance

Grieving Families Pay Record £5.6 Billion Inheritance Tax

Families have paid a record £5.6 billion inheritance tax despite the government increasing tax breaks. In the 2018-19 tax year, the IHT tax take increased...
South Africa

South Africa Expats Sleepwalking Into Tax Problems

The way South Africa expats pay tax is changing and many may be sleepwalking into financial trouble without realising what is happening. From March 2020,...

Companies Will Suffer Most From South Africa Tax Reform

Financial experts fear new tax rules for expats will blight the South Africa economy. The rules abolish the country’s expat tax exemption for South African’s...
FATCA Tracker

FATCA List – April 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) increased by 4,440...
tax pay

South Africa Expats Face Tax On The Cost Of Benefits

South African expats are worried that a new tax on fringe benefits attached to their assignments abroad will quickly fritter away their ZAR1 million...
dubai

South Africa Expats To Lose Tax-Free Cash In The UAE

South African expats in the United Arab Emirates face huge tax bills on end of contract gratuities that they believed would be free of...

3m Taxpayers Holding Offshore Accounts Under Scrutiny

Overseas tax authorities have revealed the tax secrets of around 3 million UK taxpayers with offshore accounts in more than 100 countries. Masses of information...

HMRC Forces Firms To Hand Over Confidential Client Papers

HM Revenue & Customs is secretly collecting evidence about the financial affairs of suspected tax dodgers from professional service businesses. HMRC’s Criminal Investigation Directorate issued...
landlord

Only 2% Of Landlords Own Up To Dodging Property Taxes

Landlords at home and abroad have shunned the chance to confess to HM Revenue & Customs about tax dodging and their rental profits. Only 35,099...
loan

Avoiding Loan Charge Tax Is Doomed To Fail, Says HMRC

Schemes aimed at helping expat contractors avoid the disguised remuneration loan charge are doomed to fail, says HM Revenue & Customs. The loan charge applies...
FATCA Tracker

FATCA List – March 2019

The US Internal Revenue Service’s list of foreign financial institutions reporting to them under the Foreign Account Tax Compliance Act (FATCA) shrunk by 1.440...

The Expat Brexit Survey

The Expat Brexit Survey

Have your say about Brexit and how leaving the European Union will affect your life, work and retirement, take a few minutes to give...

Latest Reviews

deVere Catalyst Review

deVere Catalyst is platform app that simplifies investment for expats and international workers and aims to take away the hard work of managing investments...

Zurich Vista Savings Plan Review

Retirement is hard to plan for when you really don’t know when you will stop work, how long you will live and how much...

deVere Crypto Review

If you are an old-hand at cryptocurrency or a new investor ready to take a dip into the brave new world of digital investment...

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...