expat network

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...

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...

Kidnap And Ransom Insurance

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...

currency risks

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...

rental income

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...

Career Progression

Expats Rank Best Locations For Career Progression And Workplace Benefits

HSBC’s Expat Explorer survey looks at many aspects of expat life each year.  Here we set out this year’s survey’s ranking of the best locations for career progression, start a business and workplace benefits around the world according to expats. The survey of over 20,000 people, including over 13,500 employees who relocate...

Buying Or Refinancing A UK Property

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...

self assessment

Do You Have Your UTR Number Ready To File Your Self Assessment?

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...

self assessment

Self Assessment Advice For Returning Expats

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...

Expats’ Quality Of Life Is Better Abroad Than At Home

The results of HSBC’s 14th annual Expat Explorer study have been released with its insight into the issues that are important to expats and its ranking of different destinations for different aspects of the expat lifestyle.  The study has looked at the impact of the pandemic as well as a wide range other issues...

Health Insurance Trends

4 Health Insurance Trends To Watch In 2021

Like a whirlwind, the COVID-19 pandemic has swept over most aspects of our lives. Naturally, it did not leave the insurance industry untouched. The pandemic has accelerated telehealth innovation and delayed countless treatments, for better or worse. Explore the top 4 health insurance trends in 2021 and what they mean for expats with our...

private health insurance in Spain

Key Questions To Reduce The Cost Of Private Health Insurance In Spain

Medical insurance can be confusing and a bit of a minefield as no two policies are alike.  So here are some useful tips and questions to ask yourself before you decide on a suitable policy to provide you with private health insurance in Spain.  These will ensure you get the right policy and keep...