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

HMRC

HMRC wins FURBS tax refund appeal

HM Revenue and Customs has tried to shut the door on funded unapproved retirement benefit schemes (FURBS) claiming millions of pounds in national insurance refunds.

Expats avoid UK Airport Tax

Expats and frequent fliers are avoiding UK airport taxes by rerouting their long-haul trips. One in 10 expats visiting Britain are saving hundreds of pounds

US signs two-way FATCA information deals with EU

The US government is tightening the net on tax cheats by signing two-way information-swapping deals with five European Union countries. The Foreign Account Tax Compliance

How do I know if FATCA applies to me?

The US government is very specific about who financial disclosure applies to under the Foreign Account Tax Compliance Act (FATCA). The law orders foreign financial

Swiss whistle blowers give up tax cheats

Swiss whistle blowers give up tax cheats

Hundreds of secret bank accounts have been uncovered in two Swiss banks after whistle blowers handed sensitive information about customers to the UK tax man.