Category Archives: Tax & info

UK Budget March 2021 – the facts for expats

Posted on March 3, 2021 by FinancialUAE

There is no question that this will not have been an easy Budget to put together. There are still uncertainties in respect of Covid19 and the UK economy has problems, for more than one reason. With so many people on … Continue reading →

Posted in General financial information, Need to know, News, Tax & info, UAE Life | Tagged , , , , , , , , , , , , , , , | 2 Comments

What has a financial adviser ever done for you?

Posted on November 3, 2020 by FinancialUAE

Paraphrasing Monty Python, purely to get your attention, but it’s a valid question. I am in an industry that is frequently criticised in the UAE, often for good reason, but let me explain why using a qualified adviser (rather than … Continue reading →

Posted in General financial information, Investment, Life Assurance, Need to know, Tax & info, UAE Life, Uncategorized | Tagged , , , , , , , , , , , , , , , | 1 Comment

New to Dubai? Important facts & financial information

Posted on August 25, 2020 by FinancialUAE

Welcome to Dubai and a new and exciting life. There is a lot to learn and while this is not a complete guide to setting up in Dubai, it does give you a useful overview of many of the financial … Continue reading →

Posted in General financial information, Need to know, On Your Side columns from The National newspaper, saving money, Tax & info, UAE Life | Tagged , , , , , , , , , , , , , | 1 Comment

UK Summer Economic Statement July 2020 – the facts for expats

Posted on July 8, 2020 by FinancialUAE

The UK’s Chancellor of the Exchequer, Rishi Sunak, has presented his Summer Economic Statement, a de facto budget, and this article is an overview of the main points with particular reference to any announcements or changes that are relevant to … Continue reading →

Posted in General financial information, News, Tax & info | Tagged , , , , , , , , , , , , , , | 1 Comment

Moving from the UAE to the UK? Do you have a proper financial exit plan?

Posted on May 5, 2020 by FinancialUAE

When you relocate from one country to another there is a great deal you need to think about. These include the practical problems of shipping your possessions, finding a place to live, finding new schools for children, new employment and … Continue reading →

Posted in General financial information, Need to know, Tax & info, UAE Life | Tagged , , , , , , , , , , , , , , , , , | 3 Comments

News: Tax update for expats unable to leave the UK

Posted on March 24, 2020 by FinancialUAE

HMRC (Her Majesty’s Revenue & Customs) has announced that it will be giving special treatment to non-residents who are forced to stay in the UK exceeding their permitted number of days. With quite a few expats unable to leave due … Continue reading →

Posted in Need to know, News, Tax & info, UAE Life | Tagged , , , , , , , , , , , | Leave a comment

UK Budget March 2020 – the facts for expats

Posted on March 11, 2020 by FinancialUAE

This is the first budget of this Government and the first by Chancellor, Rishi Sunak, less than a month after taking over at the Treasury. This article is a brief overview of some of the main points with particular reference … Continue reading →

Posted in General financial information, News, Tax & info | Tagged , , , , , , , , , , , , , | Leave a comment

UK Spring Statement 2019 – points of relevance to expats

Posted on March 13, 2019 by FinancialUAE

The UK’s Chancellor of the Exchequer, Philip Hammond, has today delivered his Spring Statement. Less formal or broad in scope than the Budget, which moved to the Autumn last year, this is not about announcements on tax or spending, but … Continue reading →

Posted in General financial information, Need to know, News, Tax & info | Tagged , , , , , , , , , , | Leave a comment

UK Stamp Duty to be even higher for non-residents?

Posted on February 10, 2019 by FinancialUAE

Breaking news. It has been announced that the UK Government will shortly be issuing a new consultation document in which it will propose that the rate of Stamp Duty, the tax payable on purchase of a property, will increase further … Continue reading →

Posted in Mortgages, Need to know, News, Tax & info, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Tax information for British expats – the Personal Allowance

Posted on December 12, 2018 by FinancialUAE

The UK has a progressive tax system and so the rate of tax payable increases as income increases. All UK residents have a Personal Allowance which means that the first part of their income is free from UK income tax.  … Continue reading →

Posted in General financial information, Tax & info, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment