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Non Resident Landlord Scheme Explained for Expats

The UK Non-Resident Landlord Scheme (NRLS) is the way HM Revenue & Customs collects tax on rents from property owners who spend...

OECD Explained

The Organisation of Economic Co-Operation and Development (OECD) is a forum for the governments of 37 developed countries to discuss economic and...

QROPS List – June 1, 2020

The number of Qualifying Recognised Overseas Pension Scheme (QROPS) across 28 countries has hit 1,917 – with 13 opening during the past...

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...

Will FATCA make more Americans renounce their citizenship?

Most Americans you meet are fiercely proud of their nationality. Yet some of the 6 million or so Americans living overseas are finding that...

Passport snatch law could strand expats overseas

Expats with US passports fear they could be marooned overseas if they fall foul of new tax laws proposed in Washington. Any US taxpayer owing...

Judge rejects HMRC bid to see expat’s private court papers

Crafty tax investigators are trying to unlock confidential divorce court documents to pursue a claim for unpaid tax against an expat husband who handed...

Expat loses £100,000 tax case after holiday visit to UK

Expats confused over their residency status need to take specialist advice before returning to the UK. The latest expat to fall foul of residency rules...

HMRC turns up the heat on offshore tax cheats

The new penalties will be slapped on offshore investors who evade tax by failing to tell HMRC about the full extent of their holdings. HMRC...

FATCA dilemma of not telling the IRS your financial secrets

FATCA - the Foreign Account Tax Compliance Act - effectively recruits foreign financial institutions as unpaid tax officers for the Internal Revenue Service (IRS). The...

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...

GAAR forces wealth managers to stop specialist tax advice

New far-reaching UK government rules aimed at trapping tax cheats are forcing wealth managers to pull the plug on special schemes to avoid taxes. Chancellor...

Editor Picks

Difference Between Residence and Domicile

For British expats, their residence and domicile determine how much tax they are likely to pay, both in the country where they...

QROPS, Qualifying Recognised Overseas Pension Scheme

QROPS is a type of pensions that were designed to cater for the needs of British pension holders that move out of...

Living In The Philippines, A Guide for Expats

Brilliant weather, a low cost of living and friendly, English speaking people makes The Philippines a popular destination for British expats.