Tax News - Emigrate UK Page 4
This is the category page for all Tax news here on emigrate.co.uk, where you can view all the Tax emigration news.
Advice on setting up an expat business in Spain
As more Britons decide to change and improve their lives by emigrating, a good number will be planning on starting their own businesses in their chosen country. Spain is an all-time favourite for British expats, especially with retirees, but also with those who’ve always dreamed about working for themselves. Nowadays, the number of...
Brexit may pose threat to expats QROPS transfers
In spite of the recent agreement giving both EU and UK expats the right to remain provided they enter not later than the end of the transition period, Brexit could still cause chaos for those wishing to transfer their pensions to a QROPS. With an ever increasing number of Britons attempting to get ahead of the game by leaving the UK...
Italy looking to attract the wealthy but none are arriving
The latest country looking to attract wealthy expats is Italy, but no-one wants to know! Last year, Italy hit on a great idea to attract millionaires and possibly billionaires to its charms, simply by offering a flat tax rate of 100,000 euros annually, no matter how much tax would have been due in the real world. Sadly, the scheme fell...
Expat guide to the French annual tax return
The last thing on newly-arrived expats’ minds after they’ve settled down in their chosen French location is filing their tax returns, but the vast majority will need to get it done. UK expats who draw any UK-based income are forced to get to grips with the French income tax system, with its returns having to be completed annually in...
Setting up an expat business overseas
For most would-be entrepreneurs, setting up a new business is a challenge, but doing so in an unfamiliar county can seem like a nightmare. Many world countries are sympathetic towards those wishing to set up new enterprises, but language, different laws, financial requirements and visas can make it seem as though it’s not worth the...
Getting the best salary when offered an overseas job
Being offered a job overseas can mean a chance to improve your career prospects and lifestyle as well as your salary level, but assessing the required income to make the most of your posting should determine whether all that glitters is indeed gold. Examining your present salary in the currency of your country of residence and comparing...
Need to know QROPS facts for expat retirees
Much has been written on expat forums about the pros and cons of transferring a personal pension to a QROPS, but the exact definition of the overseas pension scheme is often missing. Qualifying Recognised Overseas Pension Schemes (QROPS) are offshore pensions certified by their providers to meet HM Revenue and Customs rules permitting...
UK expat retirees advised to transfer personal pensions before Brexit
British expats overseas who’ve left their personal pension back in the UK are being advised to transfer it before Brexit kicks in. The advice is aimed not just at UK expats already living abroad, but also to those planning to emigrate in the near future. It’s being spurred by increasing concern over the viability of company pensions...
Spanish tax residency ruling affects Brit expats in Costa del Sol
The Spanish Supreme Court has amended the law applying to residence for tax purposes. For expats living and working in Spain, criteria for residency for tax purposes are decided by individual jurisdictions, with ‘residence’ also being interpreted differently for non-tax purposes. However, the main test applied to individuals concerns...
Buy to let as an overseas retirement strategy
If investing in buy-to-let is part of your overseas retirement strategy, checking out the new rules may save you money. Buy-to-let mortgage rules are now tightening up for seasoned investors as well as new expat buy-to-let landlords. They apply to refinancing as well as initial purchasing and, especially for experienced expat landlords,...
