Tax News - Emigrate UK Page 5
This is the category page for all Tax news here on emigrate.co.uk, where you can view all the Tax emigration news.
Singing superstar Spanish tax case is warning for UK expats
The result of the ongoing tax case against singing superstar Shakira could be all too relevant for British expats who’re living in Spain and working overseas.
The Spanish tax authority is claiming the world-famous singing star has spent enough time actually living in Spain to be legally liable for tax on her massive worldwide earnings....
British expat starts online petition against QROPS offshore pension transfer tax
British expats planning to relocate their pension offshore are mounting a petition against the recently-introduced massive tax on their savings.
Beginning in March last year, expats and recent retirees planning to emigrate outside the EU and a few other countries have been forced to give up 25 per cent of the full value of their savings...
USA based ETFs and investment trusts delisted by Hargreaves Lansdown
US expats living and working in the UK could be hit by the removal of exchange traded funds and investment trusts from a popular investment platform.
Hargreaves Lansdown’s fund supermarket gives a convenient, inexpensive way for US expat working overseas to save for their eventual retirements through investing in exchange traded funds...
Irish taxman hits out at wealthy retirees in Portugal
Wealthy Irish pensioners living overseas as non-resident taxpayers are likely to be hard hit by the Irish taxman’s new rule changes.
In the week before Christmas, the revenue office in Ireland announced new tax rules to apply to wealthy Irish national expat pensioners. The move is effective starting December 22, and is aimed at...
Is relocating to Europe during Brexit negotiations a good idea?
The Brexit leave vote came at a bad time for many would-be expats planning an escape from the UK, but is it safe to go ahead as things stand at the moment?
Whether to go or stay is a crucial question without an easy answer, as there’s no indication of certainty in anything which has been agreed to date between the two sides. Expat...
Getting real about withdrawing cash from pension savings
Pension scammers won’t be eradicated until all retirement savers get real about their financial options.
A recent survey found the most popular reason for pulling cash out of pension savings is investment to generate an income in retirement. Holidays and travel came next, followed by stashing emergency cash in a bank account. Helping...
Landmark High Court ruling lets expats off HMRC taxman hook
A landmark ruling in the British courts has taken away HMRC’s power to chase expats overseas for information used in a tax enquiry.
n the past, expats who live permanently overseas have been called on by Her Majesty’s Customs and Excise office to release information or documentation related to possible tax evasion or avoidance....
Expat investors head north for buy to let bargains
For expats looking to live well from UK buy-to-let properties, research into the best regions for returns is now essential.
With increasing house prices, increased stamp duty and the recent crackdown on tax all squeezing landlords’ profits, expats wanting to take advantage of the fall in sterling to make a buy-to-let investment need to...
US expats at risk from IRS investigation of bitcoin trades
American bitcoin traders both in the home country and overseas are at risk from IRS investigation for failing to declare their bitcoin trades.
The US tax authority is looking to close the loophole of tax-free bitcoin trades by both US residents and expats as it considers tax on the trading profits from the virtual currency should go to...
Are QROPS still viable for Britons retiring overseas
Britain’s divorce from the UK is likely to render a QROPS transfer uneconomic for British expats as they may become liable for a transfer tax at a rate of 25 per cent.
For British expatriates, QROPS has long been a no-brainer as regards moving private pensions to tax-efficient offshore jurisdictions. The bad news for UK pension savers...
