expat network

Six 2023/24 Tax Year Changes You Should Know If You’re A UK Landlord

April 6, and that can mean only one thing – the start of the new UK tax year. It’s when most changes to UK tax rules come into force, which can be good or bad news for you and your rental income. It can also be the perfect time to make tax less of a...

Receiving An Inheritance From Abroad: Special Considerations For Spain Taxpayers

My habitual residence is in Spain and I have received an inheritance from abroad. Do I have to pay taxes in Spain? Can I deduct inheritance tax paid abroad? Written by Dimitrichka Nedelcheva Anghelova, tax lawyer. AGM Abogados The tax consequences in Spain of receiving an inheritance abroad will depend on where the heir lives...

IT Professionals Can Help Expats Expand Their Business

Top Ways IT Professionals Can Help Expats Expand Their Business

Navigating the business landscape as an expat often involves overcoming unique challenges. IT professionals, with their specialized skills and global perspective, play a crucial role in enabling these ambitious individuals to adapt and thrive in new markets. By leveraging cutting-edge technology and innovative strategies, they provide the tools and solutions essential for expats to establish...

Spain’s Co-Investment Fund (FOCO)

In Spain, the Council of Ministers of 27 December 2023 approved the creation of the Co-Investment Fund (also known as “FOCO” in Spain). The management of the Fund is entrusted to COFIDES and will have resources from the Next Generation EU instrument and a budget of €2 billion. The purpose is to mobilise resources from...

property in france

Financing A Property in France

Whether you are planning to buy a holiday or investment property or are moving to France to live and are buying your main residence you need to consider the best options for funding your purchase. Here we set out how the French property market works and the options available to borrowers. Sources of funding...

Landlord Self Assessment Tips – How To Complete Your Tax Return

Many UK landlords, possibly you included, do their own annual Self Assessment tax returns, even though it’s a task that most dislike. It’s boring and it takes up precious time you would rather spend doing anything else. Here are our landlord self assessment tips. Article written by GoSimpleTax But you can save a few quid...

HMRC Crackdown On Airbnb Tax Evasion: How Could It Affect Some Hosts?

Airbnb’s success is truly amazing. The story began in 2007, when the first two Hosts welcomed three guests to their San Francisco home. Airbnb now has more than 4m Hosts worldwide who have welcomed more than 1.5bn guests in more than 220 countries. Article written by GoSimpleTax There are hundreds of thousands of active UK...

financial future

8 Essential Steps Toward a Better Financial Future

Planning your financial future can often seem like a daunting task. However, by breaking it down into manageable steps, the path to financial stability can be made less intimidating. This guide will walk you through some essential steps that can set the foundation for a stable and secure economic future. These steps are intended to...

mortgage currency

Financing your Portuguese home: the ABC of Home Loans in Portugal

In this article we look at some of the key factors involved in financing a property purchase in Portugal. If you are thinking about moving to Portugal and buying a property there, you should be aware that there are some specific conditions that you should meet to be able to get a home loan by...

new to investing

New To Investing? Here’s What You Need To Know

Are you new to investing and feeling overwhelmed by how much there is to learn before you can get started? You’re not alone! Investing can seem challenging in the beginning, but with the right knowledge and strategy, it doesn’t have to stay that way. In this blog post, we’ll look at some key points every...

business finances

What You Need To Know About Streamlining Your Business Finances

Managing your business finances efficiently is crucial for both the short-term and long-term sustainability of your business. It involves more than just keeping accurate records and balancing business checking accounts; it’s about understanding where your business is financially so you can make informed decisions and plan for growth. Effective financial management includes budgeting, monitoring, controlling,...

Unlocking Potential: The Impact Of Sales Strategy On Business Profitability

Sales strategies represent an organization’s approach to selling its products or services, working like a roadmap to guide sales efforts, and helping to convert prospects into loyal customers. In the realm of business profitability, these strategies have a pivotal role. They enhance customer relationships, optimize sales operations, and in turn, impact the company’s bottom line...