Wednesday, April 8, 2020
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CATEGORY

Tax

Super Tax Refunds On The Way For 2.6m Aussie Savers

Millions of Australian superannuation savers are set to pick up a surprise cash payment from the taxman. Around 2.6 million saving for retirement in a...

Tax Dodgers Warned They Can’t Hide Money Offshore Anymore

Tax authorities around the world are warning expats to own up to offshore tax avoidance as a new international data sharing network is switched...

Most People Really Do Find Tax Too Taxing

Few people understand tax and how the rules impact the money in their pockets, according to new research. Out of 2,000 people quizzed about tax,...

Too Much Tax Leads To Expats Returning US Passports

Red tape and the long arm of the US Internal Revenue Service are forcing one in five American expats to consider giving up their...

Expats Can’t Even Escape The Tax Man When They Die

The long arm of the tax man can still grab some of your money even if you live or retire abroad as an expat. Some...

Watchdogs Ban Tax Firm’s Misleading Ads After HMRC Complaint

Advertising watchdogs have banned financial advisers from marketing a scheme that claims to save stamp duty of up to 60% when buying a home. HM...

We All Worked 149 Days This Year Just To Pay Our Tax Bills

Taxpayers worked 149 days in 2019 just to earn enough to pay their taxes - but from May 30 onwards, all the money they...

Taxpayer Who Owed No Tax Must Pay Late-Filing Penalties

The courts have backed HM Revenue & Customs for a second time for imposing thousands of pounds of self-assessment late-filing penalties on a  taxpayer...

Scam Alert As Fraudsters Blitz UK Taxpayers

Taxpayers can expect to be hit by a slew of scam messages purporting to offer refunds over the coming weeks. HM Revenue & Customs warns...

Millennials Have Unrealistic Hopes For Inheritance

Millennials relying on an inheritance to help them buy a home have an unrealistic outlook, according to a new survey. Researchers found one in seven...

Latest news

Struggling Forex Broker Bought Flats With Company Funds

A forex broker whose company was approaching financial meltdown switched £1.05 million from a business account to buy two apartments in Dubai in a...

Stock Markets Slump To Worst Quarter In 37 Years

Stock markets slumped to record losses in the first three mnths of the year due to fears over how coronavirus impacts the world economy...

Operation Airlift Underway For Brits Stranded Abroad

The British government is working with partner airlines to bring thousands of stranded travellers back to the UK. Foreign Secretary Dominic Raab has set aside...

Expat Landlords Get Buy To Let Mortgage Aid

The financial pain of coronavirus uncertainty for buy to let landlords has been eased by the housing minister. Secretary for Housing Robert Jenrick is extending...

Financial Package On The Way For Self-Employed

Financial support is coming for freelance and self-employed expats who pay their taxes in the UK, Prime Minister Boris Johnson has promised. In his last...
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