The Pros And Cons Of The Stamp Duty Holiday
The stamp duty holiday granted by the Chancellor in July 2020 ends in March 2021. Here One Touch Investment look in depth at the impact this has had on the buy to let market and what is likely to happen after the stamp duty holiday ends. Written exclusively for Expat Network by One Touch Investment. ...
Expat Landlords – Your Self-Assessment Guide
If you make money from renting out your property to others, HM Revenue and Customs considers you as a landlord, even if you don’t think you are. As such, expat landlords will need to fill in an annual Self-Assessment tax return form (which tells HMRC how much Income Tax you’ll owe on your earnings)...
Do I Need To Complete The UK Self Assessment?
If you are classed as self-employed or have a source of untaxed income, you will be required to complete a Self Assessment. However, this criteria is vague and many are left confused as to whether they actually need to file the tax return or not. Written exclusively for Expat Network by Mike Parks of GoSimpleTax...
Social Media Can Prevent Approval Of Your Overseas Based Mortgage
According to Simon Conn, the overseas mortgage specialist, an increasing number of lenders and insurers are using online activity, including social media posts and profiles, to help them judge the suitability of applicants. So your social media profile can impact your credit rating and potential overseas based mortgage. Written by Simon Conn of Simon Conn Overseas...
Securing Global Life Insurance – The Easy Way
No one really wants to deal with the matter of life insurance. That’s because it’s so often confusing, mind-numbingly dreary, and a gloomy topic. Yet for most of us, it’s difficult to be financially secure without it. Written exclusively for Expat Network by Global1Life If you have loved ones in your care, or someone...
A Power Of Attorney Could Protect Your Overseas Property Purchase
Overseas property expert, Simon Conn, has reached out to his peers to comment on the importance of a Power of Attorney when protecting property and assets abroad, especially with Covid-19 ever present. Written by Simon Conn of Simon Conn Overseas Property and Finance With Brexit looming and the UK in its second official lockdown,...
Beware The Mortgage Payment Holiday For Buy To Let
With the current Covid crisis many banks are offering mortgage payment holidays in accordance with UK government policy. However, the consequences for buy to let investors need to be considered to ensure it does not impact your credit for future investments. As England moves into its latest full lockdown and banks once again offer...
Why Moving To Canada Is So Appealing And How To Make It Happen
Moving to Canada is popular with many Brits with its political and historical ties to the UK along with the climate and landscape. Not even the coldest of winters when temperatures can plummet to –40° seem able to deter Brits in search of a new life. It offers an outdoor lifestyle as well as several...
Can a UK-based adviser continue to support you from 2021?
The UK has left the EU and as there has not been an agreement on services the UK is no longer subject to EU financial regulation and as this has had an impact on British residents living in the EU. In this article from Blevins Franks they look at the implications for British citizens who...
Ums, Ahhs, Buts And Maybes…. Are QROPS Transfers Dead!?!?
Over the last 14 years we have seen many reforms in the pensions industry some for better, some for worse. One thing that does stand out is the human nature of wanting something we cannot have which exists in our everyday lives. Making difficult decisions in a timely manner has always been uneasy for us...
Things To Consider When Starting A Business In The EU
With a wide range of distinct governments bound together by mutually-beneficial agreements, the EU presents some interesting business opportunities for investors and entrepreneurs. If you’re considering starting a business in the EU, though, you need to be prepared to do some research and confirm that it’s the right move — particularly if you’re currently based...
4 Categories Of Employee Benefits You Should Know
For applicants looking for a job or HR professionals exploring benefit options, it is good to know of the different types of employee benefits that employers typically offer. For applicants, this knowledge will prove useful when it comes to comparing job offers. Whereas HR professionals can determine the right kinds of benefits that would help...