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.
Cyprus tax returns are due by 31 July
Instruct ProACT today to minimise your taxes in Cyprus & file your return on time.
How UK Expats Abroad Can Register and Vote in the UK General Election
Register to vote from abroad in the UK general election 2024 is a simply process.
The Expanding Schengen Area
The Schengen Area, known for its borderless travel within Europe, has welcomed new members this year, significantly impacting expatriates living and working in Europe.
Abolishing the non-dom status - what does it mean for expats?
The UK's tax regime for non-domiciled residents (non-doms) is set for significant changes starting 6 April 2025.
The Tax Benefits of Cyprus
Cyprus has long been favoured by expatriates for its favourable tax regime, particularly appealing to those with non-domicile status. This status can offer significant tax savings, but there are new updates and requirements that expats need to be aware of to remain compliant with Cypriot tax laws.
Cyprus Residency Permit: The Gateway to the EU for the British
The appeal of living and working in the European Union (EU) remains strong among UK expatriates and Cyprus has emerged as a compelling choice with warm weather, great food & low taxes.
Cyprus offers a unique blend of EU benefits and additional flexibility for UK expats. In addition, Cyprus is expected to join the Schengen Area by the middle of 2025 which will offer additional benefits for travelling.
The Problems Dealing with HMRC Abroad
The process of submitting tax returns and awaiting assessments can be daunting, often marred by delays that stretch from months to years. This episode sheds light on these challenges, particularly emphasising the experiences with HMRC and the efforts to improve the situation.
Cyprus's New Approach to Asylum Seekers and Its Impact on Businesses
There have been significant changes to Cyprus's policies on asylum seekers, a topic of growing relevance in the context of global migration and local economies. This discussion sheds light on the unique position of asylum seekers compared to expatriates and the evolving legal framework designed to manage their integration within Cyprus.
HMRC issuing late penalties for UK tax returns submitted on time
It has come to light that the HM Revenue & Customs (HMRC) has inadvertently issued late penalty notices to expatriates for their 2022/23 UK tax returns which were due online by 31 January 2024.