What does it mean to be financially happy? This is a question that doesn’t have a single answer, as everyone’s definition of happiness will be different. For some people, being financially happy might mean having enough money to cover all of their basic needs without worrying about bills. For others,...

Have you heard of the stock market crash of 1929? Did you know that unregulated margin trade was one of the main causes of the collapse? Margin trading is like bodybuilding on steroids! It’s a double-edged sword. However, while informed about its risks and advantages, a trader can use the strategy to their advantage...

Beginners and experienced investors who know how to diversify assets will have cryptocurrencies and other digital assets making up their portfolios. The digital currency’s patrons are millennials and Generation Z, who make up the most buyers. These assets are often included in estate planning to secure their futures, but many might be unaware of the...

A company can decide to move to a different country for various reasons. The business owner might be moving themselves and want to take the business with them, or the potential financial benefits could simply make relocation an attractive prospect. Regardless of the motive, one thing is for certain – moving your business abroad...

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...

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. ...

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...

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...

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...

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. ...

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...

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. ...