Navigating the complexities of taxation can be challenging, especially for UK expats. For individuals leaving the UK or returning after a period abroad, a crucial concept that can impact their tax liabilities is the Split-Year Treatment (SYT). SYT is a concession under the Statutory Residence Test (SRT) introduced in 2013, which allows UK expats to split a tax year into a UK part and an overseas part, limiting their tax liabilities on overseas income.
Read MoreThere's more to gain from living abroad than just immersing yourself in an array of beautiful cultures and picturesque landscapes. Did you know that it can also bring significant tax benefits? π°πΌπ
Read MoreItaly have implemented a 5 year tax reduction scheme of 70% for expats moving to Italy with up to 90% in some regions.
Read More