Global Financial News, Information and Guides.

Non Resident Landlord Scheme, NRLS

Non Resident Landlord Scheme

You don’t have to be a full time expat to fall under the tax rules of non resident landlord scheme. Although most people would take non-resident as a landlord living permanently outside the UK, the scheme follows a different logic. Strict rules decide how any income tax on property rental profits is paid, so getting … Read more

Categories Tax

Internal Revenue Service, IRS

Internal Revenue Service, IRS, logo on an American flag

IRS stands for Internal Revenue Service and is often known as the agency that collects taxes. But what else do they do? How did they start and what is their role in the taxes you pay. Check out this in-depth guide on the Internal Revenue Service and how they work.  History The IRS dates back to … Read more

Categories Tax

What is FATCA?

FATCA on a USA flag

The Foreign Account Tax Compliance Act or FATCA is essential reading for US expats. The rules are aimed at stamping out tax evasion by American taxpayers who hide money or other assets in unreported offshore accounts. The US Internal Revenue Service (IRS) lists offshore avoidance as one of the ‘dirty dozen’ ways taxpayers try to … Read more

Categories Tax