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 […]
What the 2025 Spring Statement Means for UK Expats
Chancellor Rachel Reeves delivered her Spring Statement today, unveiling a mix of revised forecasts, fiscal reforms, and new policy measures that have implications for individuals both in the UK and living abroad. For British expatriates, the announcement is more than just a domestic economic update—it signals potential changes that could affect investments, tax planning, pensions, […]
Expat Banking: The Best Offshore Accounts for UK Expats
For UK expats, choosing the right offshore bank account is essential for managing international finances, protecting wealth, and optimising tax efficiency. Offshore accounts offer multi-currency flexibility, global access, and additional financial security. However, with numerous options available, settling on the best offshore accounts for UK expats requires careful consideration. Here’s a run down of the […]
Capital Gains Tax on Foreign Property: What UK Expats Need to Know
For UK expatriates, understanding capital gains tax (CGT) on foreign property is crucial when managing international investments. Whether you’re selling a second home abroad or an investment property, tax obligations may arise in both your country of residence and the UK. Here’s what you need to know. What is Capital Gains Tax on Foreign Property? […]
How UK Expats Can Benefit from Double Taxation Agreements
For UK expatriates, managing finances across multiple jurisdictions can be challenging, particularly when it comes to taxation. Understanding how Double Taxation Agreements (DTAs) work is crucial for avoiding unnecessary tax burdens and ensuring compliance with local and international regulations. This guide explores the key benefits of DTAs, how they apply to different income types, and […]