Tax News - Emigrate UK Page 2

This is the category page for all Tax news here on emigrate.co.uk, where you can view all the Tax emigration news.

British expat retirees losing millions via rogue offshore IFAs

British expat retirees losing millions via rogue offshore IFAs
Pensions scams by rogue IFAs are still wrecking expat lives in Spain and many other expat retiree destinations. The latest scandal involves the mis-selling of QROPs pension transfers and has resulted in those who’ve lost all their life savings now being chased by the UK taxman, even although they weren’t aware they were breaking the...

How China’s new personal income tax laws affect expat professionals

How China’s new personal income tax laws affect expat professionals
If you’re heading to China in the near future, you’ll need to know how the recently-introduced personal tax residency changes will affect your financial bottom line. The new individual income tax rules in China are now affecting the way in which expat tax residency is determined. The recently-introduced law impacts expat residents in...

Overseas retirement dreamers caught up in pensions tax grab

Overseas retirement dreamers caught up in pensions tax grab
If you’re working and saving hard in the hope of retiring in upscale comfort overseas, you may be in for a very unpleasant shock via the UK taxman. More than a million workers are now at risk of falling foul of the ‘pensions lifetime allowance’ limit of £1.03 million, with another 1.3 million of those coming up to retirement in the...

China?s new tax laws causing expat confusion

China?s new tax laws causing expat confusion
How will China’s new individual income tax laws affect its expat communities? Introduced at the start of the New Year, China’s reform of its Individual Income Tax system is the most significant change to be announced for decades, with expats left wondering about its effect on their finances. The new rules on personal taxation have...

Facing up to UK inheritance taxes as an expat living overseas

Facing up to UK inheritance taxes as an expat living overseas
The majority of British expats living and working overseas aren’t even aware they may well be hit with a large inheritance tax bill if they’ve been mentioned in a family will. The misunderstanding that inheritance tax doesn’t apply to Brit expats overseas is likely to be the fact that they’re not taxed on their overseas incomes....

Expat professionals lose fight against Dutch tax break law change

Expat professionals lose fight against Dutch tax break law change
To the dismay of expat professionals in the Netherlands as well as those thinking of working there, the hated 30-per cent ruling legislation has passed into law. In spite of brave attempts by the campaign group United Expats of the Netherlands, The extremely popular tax break which attracted huge numbers of highly-skilled professionals to...

Vietnamese investors and expat workers protest over new tax

Vietnamese investors and expat workers protest over new tax
Companies employing expat workers in Vietnam to be hit with mandatory social insurance payments. Once the new rules come into force, Vietnam’s labour costs will soar to the highest of any other country in the region, possibly damaging its growing reputation as an Asian tiger. Beginning in 2022, businesses will be forced to pay an...

Expat tax breaks across the world

Expat tax breaks across the world
International expats are fully aware there are only two unavoidable disasters in life – death and taxes. Whilst it’s impossible to avoid death when it’s your turn to go, it’s entirely possible to avoid losing massive chunks of your salary to the local taxman, especially if you’re an American citizen who’s already paying...

Dissention still brewing over Netherlands 30 per cent tax break ruling

Dissention still brewing over Netherlands 30 per cent tax break ruling
After a final announcement about the controversial 30 per cent tax relief rule for expats, dissension is still brewing as those affected consider their financial options. Protestors have won at least a single victory, in that there is now a transitional law affecting those whose cut-off point would have been in 2019 0r 2020. It’s still...

Self employed expats face UK government tax and NI crackdown

Self employed expats face UK government tax and NI crackdown
British expats whose companies are UK-registered and who work overseas are about to be targeted by UK tax officials. Chancellor Phillip Hammond has ordered the Treasury to drat new laws governing British expats working for their own private, UK-registered companies. The move is aimed at clamping down on alleged tax avoidance by Britons...