New UAE Law Means Employers Must Keep To Contract Terms
Changes to UAE employment law means employers cannot change contract terms without the consent of the Ministry of Labour. The new mandatory employment offer letter from UAE companies will help expats understand what exactly awaits them once they land in the Emirates. Quoted in Emirates 24/7, Thenji Macanda, Senior Associate at law firm Taylor...
With Oil Below $40 What Can Energy Workers Do?
Expats working in the oil and gas sector are enduring tough times – markets are volatile, and oil is striking seven-year lows Much has been written by learned economists, traders and strategists about the direction of oil prices, says Patrick Breen of expat financial advisers AES International. The heat and noise around the latest OPEC meeting...
Short-Term Expat Assignments On The Rise
A majority of multinational companies expect to increase their use of short-term assignments for expat staff in 2016, according to consultants Mercer. Over the next year or so, around half of companies anticipate an increase in the use of permanent transfers, developmental and training assignments and locally-hired foreigners. A smaller proportion expect to see an...
New UK Tax Allowance Could Benefit Expat Homeowners
In the 2015 UK summer budget Chancellor George Osborne introduced his ‘family home allowance’, increasing the inheritance tax threshold to a potential £1m, and possibly benefitting expats.
UK Expats: How To Keep Your Vote
Ten Things You Need To Know About Registering As An Overseas Voter 1. British nationals who have been registered to vote in the UK within the last 15 years can register as an overseas elector, to be able to vote in UK Parliamentary General Elections, UK-wide referendums, and European Parliamentary elections. 2. At...
Buy-To-Let Property Faces Higher Tax Charge
Among some important changes to the way property transaction in the UK are taxed is a raid on buy-to-let investments.
Expats Concerned About The UK Leaving The EU
David Cameron’s intention to re-shape British ties with the European Union has caused concern among many of the 2.2 million British expats living in the EU, writes Heather Landau. The referendum on whether or not Britain will remain a member of the EU will be held before the end of 2017 with the results having...
More IT Specialists Opt For Self-Employment
The number of information technology specialists moving into self-employment has increased by 48% in five years, up from 143,000 211,000. According to research by professional services firm Procorre, the number of contractors in IT is growing at one of the fastest rates of any sector.
Can I Send Money Back To The UK Untaxed?
Am I right in thinking that, as long as fewer than 90 days is spent in the UK in a tax year, then overseas earnings may be repatriated to the UK without attracting UK tax? Am I also right that these repatriated earnings may NOT be used for investment in individual savings accounts (ISAs)?
Key Financial Aspects Of A Move To Spain
Britons moving to Spain need to be sure they have fully considered all the consequences for their wealth as well as for their health. Read more
Expat Landlords To Get Lower Tax Relief
The way income from renting out property in the UK is taxed is changing dramatically. Make sure you are fully aware of how this could affect you…
Five-Year Permits For Expats In Saudi Arabia
Saudi Arabia’s passports department is starting to issue new resident permits with a five-year lifespan for expatriates. According to reports in Arab News, the new resident permits were first issued on 15 October, the first day of the Islamic New Year. Companies and expatriates have to renew the permits yearly online, with no need...