Expat Financial Planning Blog - Keeping You Informed To Keep You Ahead

Expat Financial Planning Blog

A financial planning blog designed exclusively for expats

Our blog site is designed exclusively to inform on issues that relate to and impact expatriates around the globe.We cover a wealth of topics that include insurances - pensions - investments - estate planning and tax - all designed to keep you informed and up to date.

Three filters are provided to enable you to quickly find the information you seek - "Categories" - "Tags" & "Archive"

By signing up for "Market Scope" you will also receive notifications of new blog posts as they are added.

If you would like to ask questions or discuss any issues that relate to any blog post we will be happy to address these with you.

Regards

CSM Ltd - Expat Financial Planning Blog Team

Blog Archive

Categories

Tags

Archives


Deadline for FATCA FFI agreement quietly extended

FATCA FFI decline extended

Accounting industry sources have flagged up the fact that the Internal Revenue Service (IRS) is now stating that the deadline for FFI Agreements to be renewed is October 24, 2017.

This is the new date by when foreign financial institutions located outside of the US , that wish to remain compliant with the Foreign Account Tax Compliance Act (FATCA) – thus retaining their GIIN (Global Intermediary Identification Number) – are obliged to update their FFI Agreement.

5 common mistakes UK expats make with domicile & tax

Misunderstandings persist around issues of domicile - IHT - Wills & tax

British expats still have some crucial misunderstandings about their domicile status and tax position that could leave them and their loved ones financially exposed and even land them in trouble with HM Revenue & Customs, warns Rachael Griffin at Old Mutual Wealth.

The research from Old Mutual International shows that a lack of knowledge can lead to unexpected consequences.

"Inheritance tax will be a concern for many UK expats and appropriate planning needs to be in place to mitigate any on-going liability.”

Fast approaching tax deadline for South African expats

D-Day is looming for South African tax payers

Taxpayers in South Africa have less than a month to come clean and regularise any undisclosed or unauthorised foreign assets or income before the country’s Special Voluntary Disclosure Programme (SVDP) ends on 31 August.

The amnesty is scheduled to end just as the global transparency initiative, the Common Reporting Standard (CRS), is introduced.

From September, South Africa will start receiving third party financial data from other tax authorities on a regular basis, meaning that time is running out for South Africans to come clean on any undeclared assets they have offshore.

Learn How HMRC Are Finding Tax Cheats

HMRC are fully focused on catching tax dodgers

Recent high-profile wins against tax evaders prove that when it comes to cracking down on tax dodgers, HMRC is serious about stepping up not only its surveillance but also about finding innovative ways of catching out tax cheats.

Read more about the methods the UK tax office employs.

 Page 1 

Further resources

Market Indicator - Momentum fund management provide insightful views on their belief of market direction
Video Updates - Watch and listen to our Discretionary Fund Manager (DFM) partner videos. The videos provide an insight to the managers thoughts and feelings in respect of market events alongside specific details on portfolio performance
Market Scope - e-newsletter - don't miss out on important market events - subscribe now its Free