Insights
Where Expats Can Go For Sunshine and No Tax
Expats wanting to pay little or no tax but enjoy a quality lifestyle have a range of destinations to pick from, although the choice of traditional tax havens is shrinking. Despite the US Foreign Account Tax Compliance Act (FATCA) and a tougher tax crackdown in Europe, many countries still offer sunshine, a relaxed lifestyle…
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HMRC Power Unfairly Penalise Expats Say Tax Experts
Tax experts claim new laws that allow fines and criminal charges for making mistakes on tax returns are unfair to expats. The Chartered Institute of Taxation is urging HM Revenue & Customs (HMRC) to rethink the rules as a matter of principle. CIOT believes that elderly expats are at risk from the rule changes…
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Make Sure You’re Ready for the New Dividend Tax
Chancellor George Osborne is set to grab millions in tax from investors paid dividends outside of tax wrappers such as ISAs and pensions. From April 6, 2017, the old dividend tax system is scrapped and replaced with a new set of rules. Everyone will have a £5,000 dividend allowance – and once that limit…
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Three Tips For Investing In Uncertain Markets
Investing in uncertain markets is a leap into the unknown, but a leading fund manager has three tips that can make the landing less bumpy. Yo-yo financial markets are a headache for the most experienced fund managers. Fidelity International’s Maike Currie looks at why markets are so volatile and offers some calming words for…
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British Expats Head East For Work And Cash
The number of British expats heading east for a new life is booming, according to a new survey. Singapore is the destination of choice for most expats who have lived overseas for at least three years, says the NatWest International Banking annual quality of life index. Last year’s top destinations – Australia and Canada…
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Weekly Market Update
Notable events over the last week Over the weekend, the PBoC Governor Zhou Xiaochuan suggested that capital controls were not being considered by the bank and that further exchange rate depreciation is unlikely to be required. The communication should to be welcomed by markets, which have long been left in the dark regarding the bank’s…
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