Halfway through the UK tax year, UK expats can now take full advantage of split treatment, non residence & dual residency to maximise allowances & minimise taxes
The beginning of October marks the halfway point of the UK tax year and for expats. That brings with it potential tax savings by utilising both your country of residence's tax free allowance and your country of origin.
Maximising Tax Savings Across Borders
We’re 6 months into the UK tax year & that means there are opportunities for split year treatment & the reduction of taxes by using 2 countries tax free allowances. The ideal period with which to time your move abroad.
Britannia Unchained
The UK budget of September 22 is a radical change of direction from the last 10 years of UK government financial policy.
It represents a growth strategy with the vision of low regulation and structural supply side changes with the aim of faster growth in the UK economy for business in the coming years.
What are the opportunities for Expats working across border with the UK?
How will the UK Tax Changes Affect Expats
Autumn 2022 marks a radical change in the UK tax system. Not just tax changes but longer term vision. Is Britannia finally unchained post Brexit? Where will tax benefits come? How can expats benefit?
What Requires an Annual Tax Return for Expats?
Have you ever wondered if you need to do a tax return? Do you know what your legal requirements are to declare income and pay tax as an expat? Do you have to be asked or do you volunteer the information? In this weeks Wednesday Webinar ProACT Sam focuses on the instances when expats are required to or should volunteer the information to declare UK income, gains, and inheritance taxes.
Should Expats Own UK Property Through A Company?
All UK property has capital gains tax liability. Should an expat have that as a personal liability or a corporation tax liability.
Property Rental Tax in the UK for Expats
Property Rental income arising in the UK is taxable in the UK so expats have tax to manage. To save tax using allowances and family ownership expats can take action. A return is still due noting all uk property agents submit property rental income to the taxman.