A Unique Taxpayer Reference (UTR) number is a ten-digit code required by all sole traders, partnerships, and limited companies in the UK.  It’s unique to that individual or organisation and remains unchanged forever. You will also need a UTR if you have other forms of income or expenses that require you...

Starting a business is a lifelong dream for many people, and luckily the global economy continues to grow every year. As such, it offers incredible opportunities for anyone ready to jump into entrepreneurship anywhere across the world. If you are planning to start a new business overseas, chances are you’ll find a willing audience...

Starting a business overseas is many entrepreneurs’ dream. However, before you decide to launch a company abroad, make sure you plan everything.  Choose the industry you are familiar with and perform thorough market research. Focus on finding gaps in the existing products or services and innovate to fill them. If you...

Are you a UK national living in an EU country such as France, Spain, Portugal, Cyprus or Malta? Or are you currently UK resident but planning to move to one of these countries in the next year or so? If the answer to either of these is yes, you should read this article from...

Whether COVID-19 has uprooted you or it’s just simply time to return to the UK, it’s important to put the relevant tax measures in place before booking your plane tickets. Almost every year, expats return to the UK only to find themselves at odds with HMRC. In most cases, this is...

Over the last few years, there has been an increased awareness about the need for people to be in control of their professional lives. The Covid-19 virus outbreak and the lockdown that ensued served to remind people that they must pay attention to being their own bosses. When studying the effect...

The United Arab Emirates, particularly the city-states of Dubai and Abu Dhabi, is a popular expat destination in the Middle East. The country’s modern amenities, world-class services, highly competitive expat salaries, and no-tax levy on personal income are some of the many benefits expats in the UAE enjoy. Written by Naresh Manchanda,...

Section 349(a)(5) of the Immigration and Nationality Act (INA) covers the loss of nationality under various circumstances, including the voluntary act.  Although permissible, there can be dire consequences if it’s taken lightly. Therefore, in this article, we briefly cover all the aspects of renouncing citizenship so that you can make an informed decision.  Why...

Just bought your new home? Congratulations are in order. But, before we start the celebration, let’s talk about something important for a moment.  As a first-time home buyer, you’re likely thinking about the long term. You want this to be a place where you can raise a family. Where you can make so many great...

Many Britons have been putting their retirement plans to sunny southern Europe on hold for two or more years while the UK extracts itself from the EU. Covid lockdowns mean the opportunities to sell a UK home and buy a property in Europe have been limited. The ending of travel restrictions will release pent-up...

One of the best things about living in a time when working remotely is accepted is that you can travel and see the world while holding down a full-time job. If you’ve ever felt the urge to pack your bags and move to a new country temporarily, being a digital nomad is probably the...

Nomadic life is a dream come true for many. Nothing beats the opportunity to swap the old 9 to 5 for a chance to work while traveling the world. And with technology on our side, the latter has never been easier. Everything you need to accomplish such a venture is a laptop and a proper...