FAQs: Completing A Self Assessment Tax Return For Previous Tax Years
Answers to frequently asked questions for UK taxpayers about completing and filing Self Assessment tax returns for previous tax years. Article written for Expat Network by GoSimpleTax Why might I submit Self Assessment tax returns for previous years? A common scenario is where HMRC has issued a notice to file a Self Assessment tax return,...
What UK Tax Will You Pay If You Move To Australia?
What’s not to love about Australia? The seemingly continuous warm, sunny weather means people can enjoy their lives in the great outdoors for most of the year. Australia’s cities are ultra-modern and the natural environment is stunning, especially the beaches, which attract huge numbers (85% of Australia’s population live within 30 miles of the coast). ...
How Thailand’s Historic Bill Recognizing Marriage Equality Will Affect The Workplace
Thailand has recently passed a historic bill that recognizes marriage equality. This groundbreaking legislation not only has profound implications for the LGBTIQA+ community but also carries significant implications for the workplace. In this article, the experts at Pacific Prime Thailand will explore the key highlights of the bill and examine how its implementation is likely...
How To Start & Invest In A Business In The UK To Gain Permanent Residency
The United Kingdom remains an enticing destination for business owners, investors, and entrepreneurs. This country provides numerous benefits in terms of work, business expansion, investment, healthcare, and education. Individuals from all over the world want to establish themselves in the UK. However, due to complex UK immigration rules and regulations, obtaining UK permanent residency can...
Employee Benefits Trends To Consider In 2024
As an employee, it’s important to look beyond just your salary and consider the benefits offered by your employer. Feeling valued and supported in the workplace is crucial, and companies are continuously improving their employee benefits programs to stay competitive and attract top talent. In this article, our friends at Pacific Prime will explore the...
Leaving The UK: Make Sure To Tick All The Tax Boxes
Moving abroad can be an exciting time, with the many opportunities that lie ahead and the countless new memories to be made. However, dealing with the financial side of things may not always be as exciting and can be rather daunting. From declaring your UK-based income and expenses to arranging your rebate and meeting all...
Basis Of Kidnap And Ransom Insurance You Should Know
Kidnap and ransom (or K&R) insurance is a specialized type of coverage designed to protect individuals and businesses against the financial risks associated with kidnapping, extortion, and ransom demands. This insurance is particularly relevant for individuals and organizations operating in high-risk regions or industries. In this article, the experts at Pacific Prime will offer an...
The UK Tax Residence Test And Expatriates – Are You Sure You Have Escaped UK Taxation?
The UK statutory residence test determines whether or not individuals are resident in the UK for tax purposes. It can continue to impact British expatriates more than you realise, so it’s important to understand the rules and follow them carefully where necessary. Written by Jason Porter of Blevins Franks You may be settled in a...
Exploring the Benefits of Actively Managed Certificates: A Comprehensive Guide
In the ever-evolving world of finance, investors are constantly on the lookout for innovative and effective ways to grow and protect their wealth. Actively Managed Certificates (AMCs) have emerged as a dynamic and versatile investment vehicle that combines the best features of traditional mutual funds with the flexibility of exchange-traded products (ETPs). In this comprehensive...
Is It Easy To Open Another Bank Account In Another Country
Opening a bank account in another country might seem like a daunting task, but it’s becoming increasingly common in our interconnected world. Many individuals find themselves in need of financial services beyond the UK borders. Whether it’s for frequent travel, overseas investments or simply to facilitate transactions in a different currency, the option to open...
8 Techniques For Finding And Hiring Exceptional Talent
Finding and hiring the right talent is one of the most critical tasks for any organization. Your employees are the backbone of the company and the architects of its future. However, with the job market more competitive than ever, businesses are constantly seeking new strategies to attract and retain top-tier professionals. In this comprehensive guide,...
5 Essential Financial Moves For Expats Before Moving Abroad
Heading out to become an expatriate? Moving abroad is thrilling, offering a fresh slate and new experiences. However, before you start exploring your new home and indulging in the local culture, there’s a critical aspect you need to square away—your finances. Finding your financial footing in a foreign country can be challenging, but taking the...