expat network
UK rental income

How Much UK Rental Income Is Tax-Free If You Are Living Overseas?

It’s a dream that many people in Britain have. Move to another country, somewhere sunnier, to work or retire. For those who choose to live their dream, living overseas is often made possible to a greater or lesser extent by UK rental income they earn from UK property, one or more, which may include...

Settle Your Finances Before Leaving

Moving Abroad: How To Settle Your Finances Before Leaving

When you move to a new country, there is a lot to think about. How does the currency affect your wage, how often can you see your family, and do you speak the same language? If you have some debts on your record, then the money worries can soon mount up. ...

Taxes For Expats

Guide To Taxes For Expats: What To Know When Moving Abroad

Each year, thousands of professionals make the decision to relocate and work abroad. This could be for a variety of reasons, from career progression to the desire to broaden one’s cultural horizons. But while becoming an expat has the potential to better both your personal and professional life, it isn’t a decision to be...

Making Tax Digital

Making Tax Digital For Income Tax – Should You Start To Prepare Now?

All VAT-registered businesses in the UK must now meet new reporting requirements introduced as a consequence of Making Tax Digital. If you don’t run a VAT-registered business, Making Tax Digital won’t have affected you so far. You may not have even heard of Making Tax Digital. Written for Expats Network by...

expat executive

6 Tips For Becoming An Expat Executive And Adapting To A New Country

As an executive, you’ve likely traveled all over the globe for business, and possibly enjoyed many aspects of corporate travel. However, being an expat executive is nowhere near the same. Moving to a different country comes with new languages and customs, new business cultures and professional expectations, as well as a unique world far...

How Expats Can Master UK Tax

Managing UK tax affairs can be tricky when you are an expat. With non-domiciliary status high on the news agenda recently, it’s prudent for expats to ensure they have an accurate understanding of their obligations under UK tax law and that they are fully prepared to report and pay their tax bills. ...

UK self assessment

Ditch The Jargon – UK Self-Assessment Explained

Understanding Self Assessment can be challenging for many self-employed people. The technical information can be difficult if not impossible to understand, while – let’s face it – it’s hardly the most interesting subject.   And the use of tax terminology rather than plain English can literally leave many people scratching their head when they’re reading...

expat banking

Expat Banking: How To Choose The Right Bank Account

Mostly, when expats travel to another country to start a new life they only remember the need for a bank account when the cost of withdrawing their money in local currency or the charges included with conversion arises. Expat banking is an important issue to consider when moving to a new country though. ...

save money

Ways For You To Save Money

Saving money is something that can go from easy to hard in certain scenarios, so it’s important to have as much saved as you can. However, one of the main reasons why saving can be difficult is because some people are hesitant to start. They’re afraid that by saving money, they won’t be able...

UK tax changes

What April 2022 UK Tax Changes Should Expat Landlords Know About?

Important UK tax changes introduced by HMRC from the start of the 2022/23 tax year in April can affect landlords just as much as other taxpayers and in some cases they can have a significant impact on your tax bills. With prices rising sharply seemingly across the board, you should be aware of how...

great entrepreneurs

7 Reasons Expatriates Make Great Entrepreneurs

Expatriates are people willing to leave behind everything and everyone they know to move to another country where they may need to learn a new language and embrace an entirely different way of life. Is it any wonder that many of the traits these people possess can cross over into their ability to start...

house prices in the UK

What’s Happening To House Prices In The UK? March 2022

Most of us expats decided to either rent out or sell our property in the UK, before the big move. But that was a long time ago. So much has happened over recent years which has sent the UK property market sky high! But with recent events and general turmoil affecting the UK and...