In 1948, George Orwell penned "1984," a novel that became synonymous with the dangers of intrusive government surveillance. Fast forward to 2024, and the dystopian surveillance state imagined by Orwell seems eerily prescient in the context of international financial data sharing among governments and tax authorities.

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.

This week we celebrate the 4th of July Independent Day for the USA as a colony of the UK and as taxpayers to the UK.

In this weeks live stream I take a deep dive into how social / national insurance works when you live abroad.

Navigating the complexities of taxation can be challenging, especially for UK expats. For individuals leaving the UK or returning after a period abroad, a crucial concept that can impact their tax liabilities is the Split-Year Treatment (SYT). SYT is a concession under the Statutory Residence Test (SRT) introduced in 2013, which allows UK expats to split a tax year into a UK part and an overseas part, limiting their tax liabilities on overseas income.

There's more to gain from living abroad than just immersing yourself in an array of beautiful cultures and picturesque landscapes. Did you know that it can also bring significant tax benefits? 💰💼📈

It is the start of UK tax year. I will be highlighting UK tax changes in the year ahead and how they affect families, property and businesses including multi year tax savings by relocating overseas.