A Guide To Recent Tax Changes For Landlords
With the latest Budget fresh in everyone’s minds, it’s easy to lose track of the changes actually impacting landlords today. For landlords who don’t have the time to keep abreast of every update to legislation, it’s hard to keep up and remain compliant. That’s why we’ve asked Mike Parkes from GoSimpleTax to weigh in on...
Only One In Three British Expats Plan To Return To The UK Permanently
Over half of British expats feel the UK has changed for the worst, since leaving the country according to a recent survey. In addition, only one in three British expats now intend on residing in the UK in the future. The research, conducted by independent financial advisory, Hoxton Capital Management, questioned over a thousand British...
Tax And Residence Rules For British Expats
You can still be liable for UK income tax even if you think you are safely non-resident. Make sure you pass the statutory residence test, writes Iain Yule. The UK’s statutory residence test is a welcome development after the old system, say advisers at expat specialists Blevins Franks, and provides much more certainty. However for...
Expats Now Have To Pay Tax On House Sales
A new capital gains tax policy in the UK means expats will have to pay tax on the proceeds of a UK property sale Read more…
Paying Off A UK Mortgage From Abroad
My son and I are both UK non-residents. It is possible that he might return to the UK after some years. I will not return. My son bought a flat in UK and has asked me to pay the remaining mortgage on it. The flat is rented out and is not his/my home. What are the...