Don’t Miss UK Self Assessment Filing Deadline & Other Tips For Landlords
Time is running out for landlords and other Income Tax payers, with the Self Assessment online filing deadline of midnight on the 31 January fast approaching. Miss it and straight away you’ll have to pay a Self Assessment late-filing penalty of £100. Written for Expat Network by GoSimpleTax The penalties...
Recovery And Strength In The UK Housing Market For 2022?
2022 was welcomed with a surge in interest, as UK homeowners listed their houses for sale, creating a healthy and strong foundation for the 2022 mortgage market. According to Rightmove, the 30th of December 2021 was one of the most popular days for prospective sellers seeking house valuations. Traffic on the application website has...
The Child Tax Credit For Expats
The Child Tax Credit is a significant tax benefit available for American families with children, and in many cases US expat parents living and residing outside of the US can take advantage of the credit, even if their US tax liability is zero. Written exclusively for Expat Network by John...
U.S. Expat Tax Filing In 2022 – What You Need To Know
Tax season is here once again, and if you’re a U.S. citizen residing outside of the United States, you may not have to pay a tax bill when you file your taxes, but you still have to file. In this article, we’ll look at what’s going to be new for U.S. expat tax filing...
Tips For Starting A Successful Small Business As An Expat
Expatriates who live outside the country can still start a business and make it a success. The key is to know what the requirements are for filing taxes and to put in place excellent business systems to grow your revenue and take care of the day-to-day operations. Build a Smart...
The Importance Of Kidnap And Ransom Insurance
Have you ever wondered what to do if you are suddenly kidnapped? If not, what about the importance of kidnap and ransom (K&R) insurance? In reality, the experience can be beyond terrifying, and the risk is a lot higher if you are a top executive or high-profile employee working in a kidnap-prone region of...
Top Tips For Managing Currency Risks When Retiring Abroad
Retiring to a life overseas, comes with many important considerations, not least of all how to manage the exchange and international transfer of your money, be it accumulated savings or ongoing income. Written exclusively for Expat Network by Tom Arnold of Currency Index There are various options open to you in terms of the...
Expat Entrepreneurs: Tips for Starting a Business Abroad in 2022
Starting a business abroad as an expat has a world of advantages, but the process is a difficult one. The resources and educational opportunities available are far less accessible than they are in your home country. On top of this, you have the added challenge of starting and running a business in a foreign...
How To Report Rental Income If You’re A Company Director
Company director income is often made up of a relatively small amount of wages paid through the company payroll, topped up with company share dividend payments, with both taxed accordingly. But what if you’re a company director with income from other sources, more specifically, rental income from renting out property? Article by...
How To Open A Restaurant In Another Country
If your dream is to open a restaurant, but you haven’t quite found the perfect opportunity to do so, starting one in a new country may be the right option for you. Opening a restaurant in a completely different country is a little more involved than opening one locally, but it can be an incredibly...
How To Set Up A New Company As A Non-Resident
Starting a new company can be an exciting event, however, it is also likely to be a scary one. The complexities involved in opening an office in any foreign country will be overwhelming. Constant changes are happening around you in terms of the economic and political environment. It may be difficult to decide the...
Buying Or Refinancing A UK Property? A Guide For British Expats
If you’re living and working overseas as a British expat, you’ll probably still have your eye firmly fixed on the UK property market. But it can be difficult to get the property finance you need, as many mortgage lenders will see you as a higher risk. Written exclusively for Expat...