Latest Offshore News for Expats

The high cost of living in the Antipodes is denting its popularity as an expat and student gap year destination.

Expats are urged by HM Revenue & Customs (HMRC) to be on their guard against falling victim to ‘phishing' emails sent out by fraudsters in the run-up to the self-assessment deadline of 31 January. Expatriates are a particularly vulnerable group targeted by such scams as they are much more...

The popularity of QROPS (Qualifying Recognised Overseas Pension Schemes) over the last four years has seen the market grow to over £1.5bn, yet expats are still being blinded by tax sweeteners, rather than taking full stock of the right scheme for their particular retirement aspirations.

The ultimate cost of a European wide financial transactions tax would be borne by consumers building up savings through deposits and pension plans, warns the European Fund and Asset Management Association (EFAMA).

Britons owning properties overseas are urged to inform HMRC if no disclosure has been made already. Tax specialist Peter Howarth is warning foreign property owners of a new investigation team established by HMRC to track down people who own land and property abroad by ‘data mining’ publicly...

Topic of the Week

How do you stay on the right track to ensure you get the best possible retirement pot from a QROPS?

Jul 19 2011 - 09:07
Hannah Beecham

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