Do UK Expats Pay Overseas Landlord Tax on Rental Income?
For UK expats investing in overseas rental properties, understanding your overseas landlord tax obligations is essential. Tax responsibilities for rental income vary significantly based on residency status, local country regulations, and double taxation agreements. In this guide, we’ll explore how UK expats can manage their overseas landlord tax effectively—covering residency implications, reporting requirements, potential allowances, […]
How to Avoid Paying Tax Twice as a UK Expat
Understanding how to avoid paying tax twice as a UK expat is key to managing your financial obligations with confidence. Navigating tax responsibilities in both the UK and your country of residence can be complex, but getting it right is essential to protecting your income and assets while living abroad. Understand Your Tax Residency Status […]
Receiving Inheritance from Overseas: UK Tax Rules Explained
In an increasingly globalised world, it’s becoming more common for UK residents to find themselves receiving inheritance from overseas when relatives or loved ones pass away while living abroad. While this may bring financial benefit, it also raises important considerations when it comes to UK tax. At Blacktower Financial Management, we support clients in navigating […]
Best Offshore Investment Strategies for UK Expats
For UK expatriates, offshore investments provide an excellent opportunity to grow and protect wealth while optimising tax efficiency. However, selecting the right strategy requires careful planning and professional guidance. Blacktower Financial Management has been a trusted adviser to UK expats for nearly four decades, offering tailored solutions for wealth management and investment across global markets. […]
Trump Tariffs, Trade Wars and What It All Means for the UK
Tariffs, Trade Wars and What It All Means for the UK The global economy has been shaken once again by a dramatic escalation in tariffs, with President Donald Trump imposing sweeping new duties on global trade partners—including a flat 20% tariff on most imports and a targeted 25% levy on automobiles. While headlines have focused […]
How to Report Capital Gains Tax on Property Abroad
Investing in property overseas can be a lucrative opportunity, but it also comes with tax obligations, including capital gains tax (CGT). If you sell a foreign property at a profit, you may need to pay CGT in both the country where the property is located and your country of residence. Understanding how to report capital […]
How Trump’s Tariffs Could Impact Your Finances
Global markets are reeling after US President Donald Trump announced sweeping new tariffs this week—setting off what many now consider a full-scale trade war. For the UK, the implications could be far-reaching. A 10% tariff on British goods entering the US may seem like a geopolitical footnote, but for consumers, businesses, and investors, the ripple […]
Inheritance Tax on Foreign Property: How UK Expats Can Reduce Liability
For UK expatriates, navigating Inheritance Tax (IHT) on foreign property can be complex. If you own overseas assets, understanding your tax liabilities is crucial to ensuring that your estate is passed on efficiently to your beneficiaries. In this guide, we’ll explore how UK expats can reduce inheritance tax liability on foreign property, including key considerations […]