The minimum income requirements are increasing from £18,600 to £29,000 in Spring with a further increase to £38,700 planned in 2025.
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Investing in property overseas can be an enticing opportunity for many investors looking to diversify their portfolios, secure a vacation home, or capitalise on the potential for higher returns compared to their local market. However, venturing into the international real estate market is not without its challenges. From navigating complex legal frameworks to understanding the local tax implications, overseas property investment requires thorough due diligence to mitigate risks and avoid potential tax traps.
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Since financial exchange of information regulation was introduced 10 years ago great strides have been made to tackle criminal activities.
Anti money laundering (AML) is always at the centre and the essence of this is income not declared nor tax paid.
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Post Brexit and covid the world is moving on with changes and developments in relations between the UK and EU countries like Cyprus, Portugal, Spain and France.
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Over the last three decades, the taxation landscape for UK expats living in Cyprus has witnessed significant changes, influenced by evolving bilateral relationships, changing economic conditions, and modifications to taxation policies. This article delves into the history of taxation for UK expats in Cyprus and discusses the key milestones that have impacted their financial lives over the years.
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ProACT Sam highlights the needs and musts surrounding UK tax returns for expats.
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In this weeks Wednesday Webinar we reflected on Queen Elizabeth II’s 70 year reign.
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In this weeks Wednesday Webinar we take a deep dive into how remote workers can create an efficient tax plan while travelling the world.
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In this weeks Wednesday Webinar we take a deep dive into how remote workers can create an efficient tax plan while travelling the world.
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ProACT Sam considers the ‘quality of life’ issues relating to the big political decisions of the day, together with individual decisions we will need to make both as Expats and as consumers.
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