When it comes to inheritance tax, there's a common misconception that it's a burden you'll have to bear.

ProACT Sam gives advice to Expat families on how to protect assets, identifying opportunities to save up to 45% tax.

ProACT Sam in the Living and Working Abroad podcast for Expat Family and Overseas Business looks at what could go wrong to Overseas Property, Business and Investment assets and how EU Brexit for Expats give this a new twist.

How it Works for Expats Living and Working Abroad

ProACT Sam highlights the changes in exchange of informatio and what Expats should consider about the way they report tax income and capital.

Exchange of financial information has been around since 2005 when any savings or investment income was required to be reported by the bank/investment fund to their local tax authorities. 

From the start of 2016 a new level of exchange of information was introduced. Called the Common Reporting Standard (CRS) by 2018 102 countries (including every one of 28 EU countries) have committed to CRS exchange of information.

Today Wednesday 22/11/17 at 12:30pm is the UK Budget for Brexit.

8 Reason to Use Wills and Trusts to Protect Overseas Assets

ProACT Sam Orgill www.proactpartnership.com  .

Automatic Exchange of Information Impacts Everything

The EU introduced new laws for dealing with Estates. Cyprus like other EU countries introduced wide ranging changes in legislation that has a direct impact on the tax status of assets held by Expats overseas.

This allows the possibility for the home country to find out about the overseas business, property and investment assets.  This could add a 40% inheritance tax bill to an estate.

Read the Full Article for More detail and 8 Reason to Use Wills and Trusts to Protect Overseas Assets

TUESDAY TAX BLOG; ProACT Sam Orgill at Changes to Tax Laws that means there are 3 Reasons to Review Expat Tax & Pensions

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Living With a Paradise Paper

If you are Living and Working Abroad in Paradise there may be a piece of paper on its way to you.

Big changes to Tax and Pension for Expats means the Tax Man in your home country and your country of residence may be sending you a letter or a tax demand in the next few months.

Have you had problems with banks closing account on you over the last year?  Have you had to supply new name, address, ID and tax reference number proof to banks and investment companies?  Are your rental agents getting restless about an overseas landlord registration number? Has a bank turned down a request to open a new bank account?

Many things have changed in the last year.  ProACT Sam has produce a Free Guide and we office a Free review for Expats Living and Working Abroad or Overseas Property and Business Investors.

Free Download Click Here for 'How Banks and the Tax Man Share Your Financial Information'

We offer a Free Review Online or at our UK or Cyprus Office - Click Here Contact Us to Book

Tuesday Tax: Tax Won’t Change With Brexit UK-Cyprus

5 Top Low Tax Options for Expats Living and Working Abroad

The UK and Cyprus have had a personal and business double taxation treaty since 1974. This will not change after Brexit nor impact on personal or business tax arrangements. Double taxation treaties exist with countries as diverse as Albania and Algeria to Zambia and Vietnam.