UK Taxes on Income from the UK and Overseas?
I’ve been offered a post in the Middle East but I’m unsure what my tax position is. I have a property I own and one I rent. As I still have liabilities in the UK, with grown up children and standing bills to pay on my own house, I will need to repatriate money each...
Fees on Currency Transfer?
I transfer money from the UK to Thailand so I had a look at your transfer service. The rate looks good but I am not sure what it means by ‘zero to low fees’. Could you let me know what fees apply or if the rate on the calculator is exactly what ends up in my...
Left Without Health Cover
I had some medical tests which used up my outpatient limit on my employer’s medical insurance scheme, and I couldn’t even get a prescription paid for. This means I have been left without further cover for the year. What can I do? Coral Parfitt of advisers Bellwood Prestbury says that there are so many different...
Keeping Offshore Money A Crime?
Is it true that the UK might want to prosecute those with money held offshore? You are right that new rules in the UK will make it easier to prosecute offshore tax evaders. The government is consulting on plans to introduce a new strict liability criminal offence for individuals who hide their money offshore. Under...
Can I Split My UK Tax Years?
I have been working in Egypt from August 2013 until April this year, and wondered if I could qualify for the ‘split-year’ aspect of UK taxation? Strictly, an individual is taxed as a UK resident for the whole of a tax year when they are resident in the UK for any part of it. But,...
How Can I Set Up My Own Self-Employed Pension?
After a long time overseas I am returning to the UK in a self-employed capacity. I will have no employer pension, so can I set up a pension for myself? By 2018 there will be five million self-employed workers in the UK. They will outnumber public sector employees for the first time since records began,...
Will My UK Holiday Trigger Tax Bill?
I am a British expat and have been non-resident since 1997. I would like to establish if I am able to visit the UK for a holiday of approximately 21 days without prejudicing my liability for capital gains tax on a property I sold in December 2010 for £680,000 “There are two questions to tackle...
Can I Move Between Foreign Contracts and Pay No Tax?
I have been on a series of almost continuous short-term contracts overseas but have not paid income tax to any authority as I am not sure where I am resident. Do I need to pay tax as I move from contract to contract? Many contractors working today are under the misconception that if they do...
Finance: Meet the Expert Panel
Meet our specialist panel, all of whom have extensive experience of dealing with expat finances.