Tag: tax and finance

There are special reporting requirements and the possibility of a tax bill when you sell your home in the UK and you are living overseas.

Announcing the retreat after failing to secure support from cross-benchers including Pauline Hanson, Mathias Cormann reaffirmed that the government remained committed to the cuts, and cast the July 28 byelections as a referendum on them.

Returning home for good is an important financial milestone for any returning expat, so you may even want to start planning for leaving your adopted home as soon as you arrive.

Greens leader Richard Di Natale said with inequality rising, reinvestment in public services should be the priority.

SPECIAL FEATURE: Do expats, especially those living in the UK, the USA or Australia, have to pay taxes? What is a foreign tax credit? What exchange rate do I use? The answers to these questions and more...

If successful, proposed changes would take away any rightful Capital Gains Tax Free status for a family home if sold when living overseas. Expat property and tax firm ATS has been leading a formal submission and petition against the changes.

It is never an easy decision on whether to fix your interest rate on your loans, so we have put this quick guide together to assist you in assessing your options.

In December 2017, the US Senate approved reforms to the tax system put forward by Donald Trump and his administration.

AUSSIE LENDING UPDATE: We continue to see great change in lending conditions in Australia, especially for overseas based borrowers.

TAXING MATTERS: An understanding of the local tax system is a must if your non-Australian partner or family are planning to move there, writes Steve Douglas.

AUSTRALIAN LENDING UPDATE: We continue to see great change in lending conditions in Australia, especially for overseas based borrowers.

AUSTRALIAN TAX UPDATE: Federal and state taxes have seen some significant developments that you need to know about.

This can be a complicated area and landlords are often surprised at the expenditure that can and cannot be claimed.

There are penalties for failing to file the NRCGT return within the deadline and also for failing to pay the tax on time.

There are a number of reasons why you might need to complete a Self Assessment tax return if you earn British income.

January can be a real b*itch when it comes down to finances...

The settlement follows days of confusion, with key players changing position, and months of uncertainty for farmers.

You wake up to an email from the Department of Immigration with your Australian visa grant. All the hard work has paid off - and you’re finally cleared for emigration. But what about your money?

Australians living overseas will be obliged to repay their HECS/HELP and TSL debts from 2016-17 financial year, after government closes loophole.

There's some tasty carrots, but this Budget is not good news if you live and work overseas. HECS and HELP is about to catch up with you.

Jersey is a world renowned international finance centre (IFC) and is home to 12,470 industry professionals. As a leading IFC, Jersey is recognised for its strong tradition of corporate governance and regulation, and is internationally recognised as a highly reputable jurisdiction and well respected business centre.

EXPAT FINANCE | Aussie home loan Interest rates cut: is it time to buy or refinance?

On paying for the war against Islamic State in Iraq, Australia's prime minister says, “We think we can afford it.”

New savings report has Australia ranked number 1 in the world while the UK sits at 11th and is on a downward slope.

Reserve Bank of Australia Governor Stevens has resumed attempts to talk the Aussie dollar down.

Why is there such a strong preference for fixed rate loans and longer term loans?

DANIEL SHILLITO on all you need to know (well nearly) to get approved for the right mortgage to buy property in Australia.

EXPAT FAMILIES: International Family Law Specialist, Carmel Brown, answers your questions on how assets are divided on divorce.

In this ever increasingly hectic world, it often takes time and energy to ensure that you are getting the best from your pay packet.

According to HMRC, 1 in 3 taxpayers are due some tax back, with an estimated £322 million going unclaimed each year. This situation also affects many Aussies working in Britain.

Pay your Australian mortgage on time or else! Important changes to Australia's credit reporting system that you need to know about.

Just over 50 per cent of households are struggling to save money and many have less than $5000 to fall back on in an emergency.

Well the answer might lie in watching the Aussie dollar! Recent interest rate cuts designed to depreciate the dollar are under threat with fears of over- stimulating the housing market.

ASK NAT | Currency specialist Nat Davison answers your questions on when it is best to move savings back to Australia.

Why has the Reserve Bank moved interest rates to their lowest level in more than 50 years this month?

The current combination of world property market, foreign currency rates and economic factors are presenting a unique opportunity for those considering purchasing property overseas.

As term deposits and savings account interest rates decline in Australia, is now the time for Aussie expats to think seriously about switching their cash-only investments and into higher growth investments, including shares?

Simon Ripton, Head of Banking at Standard Bank Offshore discusses the banking options while working abroad.

UK law does not require that you have a written will, however without a valid will your estate will be distributed according to a predetermined legal process.

n How many times have you wondered “When is a good time to transfer money” or “When is a good time to exchange travel money”? asks Herman Howell of Sable FX.

Sable Group explains an important investment principle.

Banks are not the only option for foreign exchange and international remittance, but most consumers don’t know this.