2023 Cyprus tax return deadline extended
2023 Cyprus tax return deadline extended until 31 October 2024.
Tax Creeps - Changing World for UK Expats
For the past two decades, we have witnessed an unrelenting rise in taxes across all sectors. Governments have consistently found reasons and excuses to justify these increases, burdening citizens with a growing financial load.
Tax Creeps: The Turning Point for Tax-Weary Expats
For the past two decades, we have witnessed an unrelenting rise in taxes across all sectors. Governments have consistently found reasons and excuses to justify these increases, burdening citizens with a growing financial load.
Tax Obligations for Remote Workers in Cyprus with UK Employers
In an increasingly connected world, the opportunity to work remotely from picturesque locations like Cyprus, while being employed by a company based in the UK or elsewhere in Europe, is an attractive proposition for many. However, this dream scenario comes with its own set of tax and social insurance complexities that remote workers need to navigate. Here’s what you need to know if you find yourself in this situation.
Retrospective Tax for Properties Sold in Cyprus between 2021-2023
In 2021, Cyprus introduced a new property tax, ending years of debate and speculation about its implementation.. The new legislation stipulates that sellers of property in Cyprus are liable to pay a tax of 0.4% on the sale value at the time of transfer.
Tax Challenges for Footballers in the Saudi League
The trend of UK footballers moving to leagues like the Saudi League brings to light the broader challenges faced by expatriates. Understanding the tax implications and preparing for the adjustment process are crucial steps in making a successful transition to working abroad.
Discretionary vs Bare Trusts for British Expatriates
As a British citizen living or working abroad, understanding the nuances of trust law and its implications on your financial planning is crucial. Two common types of trusts that often come into consideration are Discretionary Trusts and Bare Trusts.
When do British expats need to submit a UK tax return?
Living abroad as a UK expatriate brings with it a host of exciting opportunities and experiences. However, it also carries certain obligations, particularly in the realm of taxation. Understanding when you are required to file a UK tax return is crucial in ensuring compliance with tax laws and avoiding potential penalties.
The Orwellian Information Exchange of your Data Across Borders
In 1948, George Orwell penned "1984," a novel that became synonymous with the dangers of intrusive government surveillance. Fast forward to 2024, and the dystopian surveillance state imagined by Orwell seems eerily prescient in the context of international financial data sharing among governments and tax authorities.